Open AccessTHE EFFECT OF ECONOMICS VALUE-ADDED, MARKET VALUE-ADDED, TOTAL ASSET RATIO, AND PRICE EARNINGS RATIO ON STOCK RETURN
Author(s) -
Willy Poltak Silitonga,
Rizky Alika Ramadhani,
Ridho Nugroho
Publication year - 2019
Publication title -
jurnal akuntansi trisakti
Language(s) - English
Resource type - Journals
ISSN - 2339-0832
DOI - 10.25105/jat.v5i2.4866
Subject(s) - price–earnings ratio , economics , earnings , book value , market value added , financial economics , value (mathematics) , market value , monetary economics , econometrics , earnings per share , mathematics , finance , statistics
This study is to analyze the effect of economic value added, market value added, total assets turn over and price earning ratio to stock returns. The multiple linear regression analysis used to identify the effect of independent variables on the dependent variable. The sample was obtained from the consumer goods sector listed on the Indonesia Stock Exchange. The data covers three years from 2015 to 2017. The results of this study indicate total asset turnover (TATO) and price earnings ratio (PER) have a significant effect on stock return whereas the other variable economics value added and market value added is insignificant on stock return.
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