THE INFLUENCE OF FINANCIAL RATIO AGAINST THE STOCK RETURNS OF BANK COMPANIES IN INDONESIAN STOCK EXCHANGE IN 2014-2017

  • AJENG LAKSMI DEWANTI
  • YULI CHOMSATU
  • ENDANG MASITOH

Abstract

The purpose of0this study was to examine the effect of financial ratios such as Return on Equity (ROE), Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover  (TAT) and  Price to Book Value (PBV) on stock returns on banking companies listed on the Stock Exchange in Indonesia. The number of samples in this study were 130 companies from 2014 to 2017 that had been selected0by purposive sampling method. The research method used is multiple linear regression analysis using SPSS version 22.0. The results of0this study indicate that the ROE variable partially  has a positive and significant effect on stock0returns.

Author Biographies

AJENG LAKSMI DEWANTI
Faculty of Economics Accounting Study Program Islamic University of Batik Surakarta
YULI CHOMSATU
UNIBA
ENDANG MASITOH
UNIBA
Published
2019-07-10
How to Cite
DEWANTI, A., CHOMSATU, Y., & MASITOH, E. (2019). THE INFLUENCE OF FINANCIAL RATIO AGAINST THE STOCK RETURNS OF BANK COMPANIES IN INDONESIAN STOCK EXCHANGE IN 2014-2017. JURNAL WIDYA GANECWARA, 28(2), p. 25-48. Retrieved from http://ejournal.utp.ac.id/index.php/JWG/article/view/908
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