THE EFFECT OF FINANCIAL PERFORMANCE AND MACROECONOMIC VARIABLES ON STOCK RETURN IN BANKINGFIRMS LISTED INDONESIAN STOCK EXCHANGE (IDX)
This study conducted to examine the effect of company performance and macroeconomic conditions on the rate of return of issuers in the banking company BUKU III and BUKU IV on the Indonesia Stock Exchange during the period 2014-2018. In this study, the author uses Return on Equity (ROE), Earnings p...
Saved in:
| Main Author: | |
|---|---|
| Format: | Theses |
| Language: | Indonesia |
| Subjects: | |
| Online Access: | https://digilib.itb.ac.id/gdl/view/46675 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | This study conducted to examine the effect of company performance and macroeconomic conditions on the
rate of return of issuers in the banking company BUKU III and BUKU IV on the Indonesia Stock Exchange
during the period 2014-2018. In this study, the author uses Return on Equity (ROE), Earnings per Share
(EPS), Price to Earnings Ratio (PER), Price to Book Value (PBV), Capital Adequacy Ratio (CAR), inflation
rate and GDP growth as independent variables while stock returns as the dependent variable. The multiple
regression analysis methods used to process research data. The results showed that PBV variables were
positively correlated and had a significant effect on stock returns, while EPS, inflation rates and GDP
growth were negatively correlated and had a significant effect. Furthermore, ROE and CAR are positively
correlated to stock returns while PER negatively correlated, where all have no significant influence. Overall
independent variables significantly influence the dependent variable simultaneously. |
|---|