Artikel Ilmiah : C1K010003 a.n. RELLA PASCA PRASASTI
| NIM | C1K010003 |
|---|---|
| Namamhs | RELLA PASCA PRASASTI |
| Judul Artikel | THE EFFECT OF LIQUIDITY LEVERAGE TURNOVER AND PROFITABILITY RATIOS ON STOCK RETURN Empirical Study on the LQ45 Index in Indonesia Stock Exchange |
| Abstrak (Bhs. Indonesia) | Penelitian ini berjudul “Pengaruh Rasio Likuiditas, Leverage, Turnover, dan Profitabilitas terhadap Return Saham (Studi Empiris pada Indeks LQ45 di Bursa Efek Indonesia)”.Tujuan dari penelitian ini adalah untuk menguji pengaruh rasio-rasio keuangan seperti likuiditas, leverage, turnover dan profitabilitas terhadap return saham. Populasi dalampenelitian ini adalah perusahaan yang termasuk dalam kategori indeksLQ45 yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2010-2013. Pengambilan sampel dilakukan dengan metode purposive sampling dan 21 perusahaan terpilih sebagai sampel. Penelitian ini menggunakan regresi berganda sebagai metode analisis. Hasil penelitian menunjukkan bahwa: (1) current ratio tidak berpengaruh terhadap return saham diindeks LQ45; (2) debt equity ratiotidak berpengaruh terhadap returnsaham di indeks LQ45; (3) total asset turnover berpengaruh positif terhadapreturnsaham di indeks LQ45; (4) return on asset berpengaruh positif terhadap return saham di indeks LQ45; (5) net profit margin berpengaruh positif terhadap return saham di indeks LQ45. Implikasi dari penelitian ini adalahrasio total asset turnover (TAT), return on asset(ROA) dan net profit margin (NPM) dapat digunakan sebagai dasar informasi atau panduan bagi para investor untuk berinvestasi pada perusahaan. Manajer pada perusahaan yang tergolong dalam Indeks LQ45 harus memperhatikan rasio total asset turnover (TAT), return on asset (ROA) dan net profit margin (NPM) karena sudah terbukti memiliki pengaruh yang positif terhadap return saham. |
| Abtrak (Bhs. Inggris) | This research is entitled ”The Effect of Liquidity, Leverage, Turnover, and Profitability Ratios on Stock Return (Empirical Study on the LQ45 Index in Indonesia Stock Exchange)”.The aims of this research were to examine the effect of liquidity, leverage, turnover, and profitability ratios on stock return. The research population were companies listed on Indonesia Stock Exchange categorized as LQ45 Index 2010 until 2013. Purposive sampling method was used to take the sample and 21 companies were collected as samples. This study used multiple regression analysis as the method. The result of this research indicated that: (1) current ratio had no effect on stock return in LQ45 index companies; (2) debt equity ratio had no effect on stock return in LQ45 index companies; (3) total asset turnover had positive effect on stock return in LQ45 index companies; (4) return on asset had positive effect on stock return in LQ45 index companies; (5) net profit margin had positive effect on stock return in LQ45 index companies. The implication of this result was, total assets turnover (TAT), return on assets (ROA), and net profit margin (NPM) can be used as primary information or guidance for investors to decide whether willing to invest or not in a company.Manager in LQ45 index companies should pay attention to total assets turnover (TAT), return on assets (ROA), and net profit margin (NPM) because they had positive effect on stock return. Finally, the company should pay attention to its performance because it will reflected through financial ratios. |
| Kata kunci | current ratio, debt equity ratio, total asset turnover, net profit margin, return on asset, stock return, and LQ45 index |
| Pembimbing 1 | Dr. Ade Banani, MMS. |
| Pembimbing 2 | Najmudin, SE., M.Si. |
| Pembimbing 3 | Dr. Sudarto, ME. |
| Tahun | 2014 |
| Jumlah Halaman | 87 |
| Tgl. Entri | 2014-08-15 10:04:39.414669 |