JURNAL BISNIS DAN AKUNTANSI
ANALISIS FUNDAMENTAL VARIABEL-VARIABEL YANG MEMPENGARUHI RETRUN SAHAM DI PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
The objective of this research is to analyze the effect of fundamental variables such as return on assets, liquidity, gross margin, inventory turnover, accounts receivable turnover and leverage towards stock return. Population in this research is all manufacturing companies listed in Indonesia Stock Exchange during 2009-2012. Samples are obtained through purposive sampling method, in which only 51 of the manufacturing companies listed in Indonesia Stock Exchange meet the sampling criteria and are taken as the samples. Multiple linear regressions and hypothesis testing are used as the data analysis method in this research. Based on hypothesis testing, only inventory turnover that statistically affect on stock return in manufacturing company listed in Indonesia Stock Exchange.Keyword :: Stock Return, Return On Assets, Liquidity, Gross Margin, Inventory Turnover, Accounts Receivable Turnover and Leverage.