PENGARUH KINERJA KEUANGAN DAN UKURAN PERUSAHAAN PROPERTY TERHADAP RETURN SAHAM DI BEI

Abstract

This research is aimed to find out the influence of the financial performance and firm size to return of
property and real estate companies which are listed in Indonesia Stock Exchange. The dependent
variable is the stock return. Meanwhile, the independent variables are firm size and financial
performance is measured by using current ratio (CR), debt to equity ratio (DER), return on asset
(ROA) and total asset turn over (TATO).The population is all property and real estate companies
which are listed in Indonesia Stock Exchange (BEI) in 2012-2015 periods. The sampling technique
has been done by using purposive sampling method, so that 32 property and real estate companies
which are listed in Indonesia Stock Exchange (BEI) have been selected as samples. Data analysis
techniques in this research has been carried out by using multiple linear regressions analysis and
SPSS 21
. The classic assumption test has been carried out before the multiple regression analysis
performed. Based on the result of hypothesis test, it shows that debt to equity ratio (DER), total asset
turn over (TATO) and firm size have significant and positive influence to the stockreturn whereas
current ratio (CR) and return on asset (ROA) do not have any significant and positive influence to
the stock return.
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Keywords: financial performance, company size and stock return