Pengaruh ROE, CR, Ukuran Perusahaan Terhadap Return Saham Pada Perusahaan Manufaktur di BEI

Dila Oktavia, Putri Wulandari

Abstract


This study aims to analyze the effect of Return On Equity (ROE), Current Ratio (CR), and Company Size on Stock Return in manufacturing companies in the textile and garment subsector listed on the Indonesia Stock Exchange (IDX) during the period of 2014-2023. The data used are secondary data obtained from the annual financial statements of the companies. The sampling method employed is purposive sampling, resulting in 50 data samples from 5 companies that meet the criteria. Data analysis is conducted using multiple linear regression with the aid of IBM SPSS version 27. The results of the study indicate that partially: first, Return On Equity does not have a significant effect on Stock Return. This indicates that fluctuations in the company's ROE do not directly cause significant changes in the stock returns received by investors during the study period. Second, Current Ratio does not have a significant effect on Stock Return. This finding suggests that the company's ability to meet its short-term obligations does not have a meaningful impact on stock returns. Third, Company Size does not have a significant effect on Stock Return. This implies that the size of the company, measured by total assets, does not significantly influence stock returns. The limitation of this study is its exclusive focus on internal company variables; therefore, it is recommended for future research to consider external variables such as interest rates, inflation, and exchange rates


Keywords


Return On Equity, Current Ratio, Company Size, Stock Return, Textile and Garment Companies

Full Text:

PDF

References


Adrianto, m. o., & sugianto, s. (2024). analisis pengaruh return on equity, current ratio, price earning ratio, debt to equity ratio dan total asset turnover terhadap return saham pada perusahaan yang termasuk pada lq-45 di bursa efek indonesia periode 2016-2021. jurnal akuntan publik, 2(1), 192–207. https://doi.org/10.59581/jap-widyakarya.v2i1.2540

Al-harbi, k. (2020). financial performance and firm size: empirical evidence from saudi arabia. journal of accounting and finance, 20(4), 110-120.

Andriani yasin, n., indah sari, s., & tri dharma nusantara, s. (2024). pengaruh return on equity dan debt to equity ratio terhadap return saham pada pt. astra international, tbk. khazanah journal, 1(2). http://ojs.stie-tdn.ac.id/index.php/KH

Dian angelia, v., yuniati, t., prayogo, b., ekonomi dan bisnis, f., & bhayangkara jakarta raya corresponding author, u. (2024). pengaruh return on assets, return on equity, dan earning per share terhadap return saham perusahaan subsektor food and beverage yang terdaftar di bursa efek indonesia tahun 2019-2022. indonesian journal of economics and strategic management (ijesm), 2(1).

Fadil, r., zuhra, a., widyastuti, t., & sari, p. n. (2024). pengaruh earning peer share, price earning ratio, return on equity, dan debt to equity ratio terhadap return saham (studi empiris pada perusahaan manufaktur sektor makanan dan minuman yang terdaftar di bei). 3(4), 114–121. https://doi.org/10.30640/inisiatif.v3i4.3025

Fransiska, i., & ekadjaja, a. (n.d.). “pengaruh return on aset (roa), debt to equity ratio (der), economic value added (eva), total aset turnover (tato), dan current ratio (cr) terhadap return saham pada perusahaan manufaktur yang terdaftar di bursa efek indonesia pada tahun 2017-2019.”

Karno, K. (2024). Pengaruh Rasio Keuangan Terhadap Pertumbuhan Laba Perusahaan Jasa Komunikasi Dengan Firm Size Sebagai Moderasi. Owner, 8(1), 861–872. https://doi.org/10.33395/owner.v8i1.1832

Kasih, r. t., & indrati, m. (n.d.). pengaruh ukuran perusahaan, likuiditas, arus kas aktivitas operasi, dan perputaran total aset terhadap return saham. jurnal ilmiah wahana pendidikan, 2024(5), 732–749. https://doi.org/10.5281/zenodo.10544775

Priantoro, w., ratih, n. r., kusumaningarti, m., islam, u., & abstrak, k. (2024). pengaruh return on equity (roe), total asset turnover (tato) dan nilai tukar rupiah terhadap return saham (studi kasus pada perusahaan sektor pertanian yang terdaftar di bursa efek indonesia periode 2018-2021). jurnal ilmiah wahana pendidikan, 10(8), 1012–1021. https://doi.org/10.5281/zenodo.11159313

Rudyansyah fadil al zuhra, tri widyastuti, & pratiwi nila sari. (2024). pengaruh earning per share, price earning ratio, return on equity, dan debt to equity ratio terhadap return saham. inisiatif: jurnal ekonomi, akuntansi dan manajemen, 3(4), 114–121. https://doi.org/10.30640/inisiatif.v3i4.3025

Sari, n., & suraya, a. (2024). pengaruh return on equity (roe) dan earning per share (eps) terhadap harga saham pada pt bank central asia tbk periode 2012-2023. jorapi : journal of research and publication innovation, 2(4).

Tambun, S., & Sitorus, R. R. (2025). Pelatihan Olah Data Riset Akuntansi Berbasis Data Panel Dengan Software Stata Pada Model Penelitian Intervening dan Moderating di PDIE Konsentrasi Akuntansi Universitas Trisakti. Jurnal Pemberdayaan Nusantara, 5(1), 1-11.

Tambun, S., & Sitorus, R. R. (2024). Pelatihan Olah Data Riset Akuntansi Berbasis Data Panel Menggunakan Aplikasi Stata Kepada Anggota IAI Wilayah Bali. Jurnal Pengabdian Masyarakat Bangsa, 2(6), 2323-2331.

Trinisa, e., & syofyan, e. (2024). pengaruh kepemilikan institusional, ukuran perusahaan, dan leverage terhadap return saham. jurnal eksplorasi akuntansi, 6(2), 777–789. doi:10.24036/jea.v6i2.1535

Zakaria, m., damayanti, f., anggraeni, a. f., yulianti, m. l., & khusnanisa, k. (2024). pengaruh return on equity (roe) dan current ratio (cr) terhadap harga saham. jurnal proaksi, 11(2), 282–296. doi:10.32534/jpk.v11i2.5501




DOI: https://doi.org/10.52447/map.v10i2.8780

Refbacks

  • There are currently no refbacks.


Copyrights of

Program Studi Akuntansi

Fakultas Ekonomi Bisnis & Ilmu Sosial

Universitas 17 Agustus 1945 Jakarta

 

ISSN (P) : 2355 - 9993

ISSN (E) : 2527 - 953X