Determinan Return Saham Perusahaan Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia

Syahirah Nibras, Yayat Supriyatna, Rika Mardiani

Abstract


This study aims to determine the effect of determinants of stock returns on Food and Beverage Companies listed on the Indonesia Stock Exchange. The research methods used in this research are descriptive and verification methods. The data collection technique used is the documentation technique in the form of the company's annual financial statements from the official website of the Indonesia Stock Exchange (IDX). The sampling technique using purposive sampling method with a research sample of 20 companies for 5 years of observation from 2018-2022 so that the observation data amounted to 100 observation data. Data analysis techniques using panel data linear regression analysis using the Eviews 12 program. The panel data linear regression estimation technique uses the common effect model (CEM). The results of hypothesis testing show that profitability has a positive effect on stock returns, liquidity has no effect on stock returns, solvency has no effect on stock returns and sales growth has a positive effect on stock returns.

Keywords


Return Saham, Profitabilitas, Likuiditas, Solvabilitas, Sales Growth.

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References


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