JURNAL BISNIS DAN AKUNTANSI
FAKTOR-FAKTOR YANG MEMPENGARUHI RETURN SAHAM PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA
The objectives of this study were to obtain empirical evidence and test the factors that affect stock return. The factors were book to market ratio, price to earning ratio, return on asset, economic value added, market value added, debt to equity ratio, earning per share ratio, and cash flow from operation. Population in this study was manufacturing firm which listing in Indonesia Stock Exchange during year 2008 until 2012. There were 58 per year companies selected as final sample. Hypothesis tested by using multiple regression analysis. The result from this research show that return on asset have an influence to stock return. While, book to market ratio, price to earning ratio, economic value added, market value added, debt to equity ratio, earning per share ratio, and cash flow from operation did not affect stock return of listed manufacturing companies in Indonesia Stock Exchange.Keyword :Stock Return, Book to Market Ratio, Price to Earning Ratio, Return on Asset, Economic Value Added, and Market Value Added.