PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM PERUSAHAAN PERBANKAN DI BURSA EFEK INDONESIA (BEI)

Abstrak

This study aims to determine the significance of the effect of financial performance seen from the aspect of capital adequacy, liquidity, and profitability to stock returns of banking companies in Indonesia Stock Exchange (IDX) period 2012-2015. Data analysis techniques used are descriptive statistical analysis and inferential statistical analysis, namely multiple linear regression analysis. The research sample consisted of 30 banking companies taken by using purposive sampling technique. Data collection method used is non participant observation method. The results showed that the capital adequacy proxyed by Capital Adequacy Ratio (CAR) and profitability proxyed by Net Profit Margin (NPM) has a positive and significant influence on stock return of banking companies, while liquidity proxied by Loan to Deposit Ratio (LDR) Positive and not significant to stock return of banking company.

Keywords : stock return, capital adequacy, liquidity, profitability