PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

Abstract

This research aimed analyze and find out the effect of Current Ratio (CR), Debt To Equity Ratio (DER), Return On Equity Ratio (ROE) on stock return, while the research object was pharmaceutical companies which were listed on Indonesia Stock Exchange (IDX) during 2013-2019. The research was quantitative. Moreover, the population was 10 pharmacheutical companies which were listed listed on Indonesia Stock Exchange (IDX). Furthermore, the data collection technique used purposive sampling. In line with, there were 7 companies as the sample. Additionally, the data analysis technique used multiple linier regression with SPSS 24. The research result concluded Current Ratio (CR) had a significant effect on stock return of pharmaceutical companies. On the other hand, Debt To Equity Ratio (DER) had significant effect on stock return of pharmaceutical companies. In contrast, Return On Equity Ratio (ROE) had a significant effect on stock return of pharmaceutical companies which were listed on Indonesia Stock Exchange (IDX) during 2013-2019.
Keywords : current ratio (CR), debt to equity ratio (DER), return on equity ratio (ROE), stock return