PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN RETAIL DI BEI

Abstract

This research aimed to find out and examine the effect of financial performance on stock return of retail companies at Indonesia Stock Exchange (IDX). While in order to know the financial performance, it could be done by counting on Liquidity, Activity, Profitability, and Solvability. Moreover, the population was all retail companies which were listed on Indonesia Stock Exchange. Furthermore, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with that, there were 6 retail companies as the sample. Additionally, the data analysis technique used multiple linear regression with SPSS (Statistical Product Service Solution) which estimated dependent on independent variables. In addition, based on the research result, it concluded that Current Ratio had a positive and significant effect on stock return. On the other hand, Debt to Asset Ratio and Return On Equity had a negative and significant effect on stock return. In contrast, Total Asset Turnover had a negative and insignificant effect on stock return.