PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM

Abstract

The purpose of this research is to find out the influence of financial performance to the stock return on mining
companies which are listed in Indonesia Stock Exchange in 2012-2015 periods. The variables in this research are
Current Ratio, Debt to Equity Ratio, Earnings Per Share, Return on Asset, and Total Asset Turnover as the
independent variables and stock return as the dependent variable. The population has been obtained by using
purposive sampling method on mining companies in Indonesia Stock Exchange in 2012-2015 periods and based
on the predetermined criteria 9 mining companies have been selected as samples. So 36 research data have been
obtained. The analysis method has been carried out by using multiple linear regressions and the SPSS
(Statistical Product and Service Solutions) 23rd version. The result of the research shows that Debt to Equity
Ratio, Earning Per Share, Return on Asset , and Total Asset Turnover give positive and significant influence to
the stock return whereas Current Ratio does not give any significant influence to the stock return.
Keywords: Debt to equity ratio, earnings per share, return on asset, total asset turn over, stock return.