Simanjuntak, Andreas (2014) PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN DAN SIKLUS BISNIS TERHADAP RETURN SAHAM PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA. Other thesis, UPN ''VETERAN'' YOGYAKARTA.
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Abstract
This research was made to determine the effect of Profitability, Firm Size and Business cycle toward Stock Return to collect the considerations used by investor in picking stock and its effect toward Stock Return. This Research used the data from the listed company in BEI in year 2007- 2011. Purposive sampling is used based on three categories : (1) Llisted company in BEI in year 2007-2011 and its financial report. (2)The company which has no negative equity or negative retained earnings (3) Consistency in paying dividend along the period of observation. Data was taken from ICMD (Indonesia Capital Market Directory) and collected 35 of samples. The analysis used is multiple regression with hypothesis test using t test to determine the effect of variabels partially and F test to determine th effect of variabels simultaneously with significance level 5 %. Classic assumption examination used Normality Test, Multicolliniarity Test, Heterokedasticity Test and Autocorrelation Test. The result showed that simultaneously independent variables significantly affected toward Stock Return. Partially, Return on Equity was the only variable which had significant effect toward Stock Return. Meanwhile Market Capitalitation (MCap) and Business Cycle (RETE) were not significantly affected toward Stock Return. Keywords : Stock Return, Profitability, Firmsize and Business Cycle Penelitian ini menganalisis pengaruh Profitabilitas, Ukuran Perusahaan dan Siklus Bisnis terhadap Return Saham untuk mengetahui pertimbangan-pertimbangan yang digunakan investor dalam memilih suatu saham serta pengaruh yang ditimbulkan terhadap Return Saham. Penelitian menggunakan data perusahaan-perusahaan yang terdaftar di BEI tahun 2007-2011. Teknik sampling yang digunakan yakni purposive sampling dengan kriteria : (1) Perusahaan yang terdaftar di BEI selama periode pengamatan 2007-2011 dan melaporkan laporan keuangan dan kelengkapannya selama periode pengamatan (2) Perusahaan yang tidak memiliki laba ditahan negatif atau ekuitas negatif (3) Perusahaan yang konsisten membagikan dividen selama periode pengamatan. Data bersumber dari ICMD (Indonesia Capital Market Directory) dan diperoleh jumlah sampel sebanyak 35 perusahaan. Teknik analisis yang digunakan adalah regresi berganda dengan uji hipotesis menggunakan Uji t untuk menguji pengaruh variabel secara parsial dan Uji F untuk menguji variabel secara bersama-sama dengan signifikansi 5 %. Selain itu uji asumsi klasik meliputi Uji Normalitas, Uji Multikoliniaritas, Uji Heterokedastisitas dan Uji Autokorelasi. Hasil penelitian menunjukkan bahwa secara simultan variabel independen berpengaruh signifikan terhadap Return Saham. Secara parsial, hanya variabel Return on Equity (ROE) yang berpengaruh signifikan terhadap Return Saham. Sementara variabel Market Capital (MCap) dan Retained Earnings to Total Equity (RETE) tidak berpengaruh signifikan terhadap Return Saham. Kata Kunci : Return Saham, Profitabilitas, Ukuran Perusahaan dan Siklus Bisnis.
| Item Type: | Thesis (Other) |
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| Subjects: | H Social Sciences > HJ Public Finance |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Erny Azyanti |
| Date Deposited: | 28 Jun 2016 01:16 |
| Last Modified: | 28 Jun 2016 01:16 |
| URI: | http://eprints.upnyk.ac.id/id/eprint/4527 |
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