PENGARUH DEBT TO EQUITY RATIO DAN RETURN ON ASSETS SERTA EARNING PER SHARE TERHADAP RETURN SAHAM PADA PERUSAHAAN INVESTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh debt to equity ratio, return on asset dan earning per share terhadap return saham secara simultan maupun parsial. Desain penelitian menggunakan kuantitatif kausal. Subjek penelitian ini adalah Perusahaan Investasi yang terdaftar di Bursa Efek Indonesia, dan objek penelitian adalah debt to equity ratio, return on asset, earning per share dan return saham. Data dikumpulkan dengan metode pencatatan dokumen, dan dianalisis dengan analisis regresi linier berganda. Hasil penelitian menunjukkan bahwa: (1) Debt to equity ratio, return on asset, dan earning per share berpengaruh signifikan terhadap return saham dengan sumbangan pengaruh sebesar 25,9%, (2) Debt to equity ratio berpengaruh positif dan tidak signifikan terhadap return saham dengan sumbangan pengaruh sebesar 0,62%, (3) Return on asset berpengaruh positif dan tidak signifikan terhadap return saham dengan sumbangan pengaruh sebesar 0,82%, (4) Earning per share berpengaruh positif dan signifikan terhadap return saham dengan sumbangan pengaruh sebesar 24,60% pada Perusahaan Investasi yang terdaftar di Bursa Efek Indonesia.
Kata Kunci : debt to equity ratio, earning per share, return on asset, dan return saham

This research has a purpose to test the effectiveness of debt to equity ratio, return on asset, and earning per share toward the stock return in simultaneously or partial. The research design is causal quantitative research. The subject of this research is the Investment Company Listed on Indonesia Stock Exchange, and the object of this research are debt to equity ratio, return on asset, earning per share and stock return. The data were collected by documentation technique, it”s analyzed by multiple linier regression. The result of this study showed that: (1) Debt to equity ratio, return on asset, and earning per share significant effect to the stock return with contribution of 25.9%, (2) Debt to equity ratio positif insignificant effect to the stock return with contribution of 0,62%, (3) Return on asset positive insignificant effect to the stock return with contribution of 0,82%, (4) Earning per share positive significant effect to the stock return with contribution of 24,60 at investment company listed on indonesia stock exchange.
keyword : debt to equity ratio, earning per share, return on asset, dan return saham