Open AccessAnalisa Likuiditas, Solvabilitas, Profitabilitas dan Economic Value Added terhadap Return Saham
Author(s) -
Eva Listyarini,
Sri Hermuningsih,
Gendro Wiyono
Publication year - 2021
Publication title -
sosiohumaniora: jurnal ilmiah ilmu sosial dan humaniora/sosiohumaniora : jurnal ilmiah ilmu sosial dan humaniora
Language(s) - English
Resource type - Journals
eISSN - 2579-4728
pISSN - 2443-180X
DOI - 10.30738/sosio.v7i2.9904
Subject(s) - solvency , dividend policy , market liquidity , profitability index , stock (firearms) , dividend , business , financial system , economics , stock exchange , monetary economics , financial economics , finance , mechanical engineering , engineering
This study aims to reveal the effect of Liquidity, Solvency, Profitability and Economic Value Added to the Stock Return of Companies with Dividend Policy as a moderating variable. The study uses a quantitative approach, taking the data presented in the company's financial statements. The population is the companies listed on the LQ45 BEI in 2016-2019, and the purposive sampling method produces 28 companies to be observed. The results of smartPLS data analysis show that 1) Liquidity and EVA have a positive and insignificant effect on stock returns 2) Solvency and Dividend Policy have a positive and significant effect on stock returns 3) Profitability has a negative and insignificant effect on stock returns 4) Dividend policy unable to moderate liquidity, solvency, and profitability on stock returns 5) Dividend policy can moderate EVA on stock returns.