Pengaruh Kinerja Keuangan dan Debt to Equity Ratio Terhadap Return Saham Pada Perusahaan Manufaktur Sektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia 2014-2018

Abstract

This study aims to find out what the financial performance, and debt to equity ratio can be used to predict the occurrence of stock returns on food and beverages sector manufacturing companies listing on the Indonesian Stock Exchange. The type of research conducted is associative method research which aims to analyze the relationship between one variable with another variable or how variable affects other variables. The sample in this research is taken by purposive sampling method at food and beverages sector manufacturing company listing in Indonesian Stock Exchange that is 12 companies with research period for 5 year 2014-2018. The sample in this research is taken by means of a purposive sampling method in the food and beverages manufacturing companies listed on the indonesian stock exchange, which were 12 companies with a reseach period of 5 years, so the sample used in this study wa 60 sample. The Results Showed that financial perfomance using the measurement of Return On Asset (ROA) of 0.7248> 0.05 the meaning ROA has a no significant effect on stoct returns, while Debt To Eqity Ratio (DER) of 0.0059< 0.05 have significant effect on stock return. The value of the coefficient of determination (R2) is 0.110347. So it can be concluded that the variable stock return is influenced by the variable Return On Asset (ROA) dan Debt To Equity Ratio (DER) of 11,03%. And the remaining 88,97% is influnced by other variables not examined in this study