PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP RETURN SAHAM

Abstract

This research aimed to find out and examine empirically whether profitability, liquidity, and leverage affected stock return. The research was quantitative. Moreover, the population was 47 mining companies listed on the Indonesia Stock Exchange (IDX) during 2018-2021. The data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 80 mining companies listed on the Indonesia Stock Exchange (IDX) as the sample. Furthermore, the data analysis technique used multiple linear regression. The result concluded that liquidity had a negative effect on the stock return of mining companies listed on the Indonesia Stock Exchange (IDX) during 2018- 2021. On the other hand, leverage did not affect the stock return of mining companies listed on the Indonesia Stock Exchange (IDX) during 2018-2021. In contrast, profitability had a positive effect on the stock return of mining companies listed on the Indonesia Stock Exchange (IDX) during 2018-2021.