Pengaruh ROA, Keputusan Investasi, CR, TATO Dan Arus Kas Terhadap Return Saham Perusahaan Manufaktur

  • Nensi Ariani Guru Singa Universitas Prima Indonesia, Medan
  • Benny Rojeston Marnaek Nainggolan Universitas Prima Indonesia, Medan
  • Evaluasi Waruwu Universitas Prima Indonesia, Medan

Abstract

In Indonesia the development of the manufacturing industry is quite rapid, this can be seen from the development of manufacturing companies listed on the Indonesia Stock Exchange from year to year. This study aims to determine the effect of ROA variables, investment decisions, current ratio, TATO and cash flow on stock returns. The study population was obtained 143 companies selected using purposive sampling with certain criteria as many as 38 companies. The type of data used in this study is quantitative data. The data source in this study is secondary data. Data collection techniques were carried out with documentation and data analysis techniques using multiple linear analysis using the F test and t test at a significant level of 5% and the coefficient of determination. The results of the research partially indicate that ROA, investment decisions, current ratio and cash flow have no effect on stock returns. While TATO has an effect on stock returns. The results of the study simultaneously showed ROA, investment decisions, current ratio, TATO and cash flow affect stock returns.

Keywords : Cash Flow, Current Ratio, Invesment Decisions, ROA, Stock Returns,TATO

References

Aryanti, I., A. (2016). Pengaruh CR, TATO, NPM, dan ROA Terhadap Return Saham. Jurnal Ekuitas.

Bisara, C., & Amanah, L. (2015). Pengaruh Kinerja Keuangan Terhadap Return Saham. Jurnal Ilmu & Riset Akuntansi, 4(2), 1-14.

Febrioni, R., Isynuwardhana, D., & Nazar, M. R. (2016). Pengaruh Return On Assets, Return On Equity, Earning Per Share, Dan Current Ratio Terhadap Return Saham (pada Perusahaan Yang Terdaftar Pada Indeks Lq45 Di Bursa Efek Indonesia Tahun 2011-2015. eProceedings of Management, 3(3).

Mahmudah, U. (2016). Pengaruh ROA, Firm Size, dan NPM terhadap Return Saham Pada Perusahaan Semen. Jurnal Ekuitas.

Mahardika, I. N. F., & Artini, L. G. S. (2017). Pengaruh Rasio Pasar Dan Rasio Profitabilitas Terhadap Return Saham Perusahaan Di Bursa Efek Indonesia. E-Jurnal Manajemen, 6(4), 1877-1905.

Parwati, R. R. A. D., & Sudiartha, G. M. (2016). Pengaruh profitabilitas, leverage, likuiditas dan penilaian pasar terhadap return saham pada perusahaan manufaktur. E-Jurnal Manajemen Unud, 5(1), 385-413.

Rachmawati, R. (2016). Pengaruh Arus Kas Operasi dan Laba Akuntansi Terhadap Return Saham. Jurnal Akuntansi dan Investasi, 1(2), 140-157.

Syahputri, R., & Herlambang, L. (2015). Pengaruh ROA, NPM, EPS Terhadap Return Saham Pada Emiten Jakarta Islamic Index Tahun 2010-2013. Jurnal Ekonomi Syariah Teori dan Terapan, 2(4).

Supadi, D. B. P., & Amin, M. N. (2016). Pengaruh faktor fundamental dan risiko sistematis terhadap return saham syariah. Media Riset Akuntansi, Auditing & Informasi, 12(1), 23-44.

Septiana, F. E., & Wahyuati, A. (2016). Pengaruh Rasio Keuangan Terhadap Return Saham Pada Perusahaan Manufaktur. Jurnal Ilmu dan Riset Manajemen, 5(1), 2461-0593.
Published
2020-04-15
How to Cite
Singa, N., Nainggolan, B., & Waruwu, E. (2020). Pengaruh ROA, Keputusan Investasi, CR, TATO Dan Arus Kas Terhadap Return Saham Perusahaan Manufaktur. COSTING : Journal of Economic, Business and Accounting, 3(2), 292-299. https://doi.org/https://doi.org/10.31539/costing.v3i2.1109
Abstract viewed = 18 times
PDF downloaded = 31 times