Open AccessStock Return Determinants In Stock Market Movements
Author(s) -
Suharmadi Suharmadi,
Suripto Suripto
Publication year - 2021
Publication title -
international journal of environmental, sustainability and social science
Language(s) - English
Resource type - Journals
eISSN - 2721-0871
pISSN - 2720-9644
DOI - 10.38142/ijesss.v2i3.87
Subject(s) - economic value added , earnings per share , stock exchange , market value added , earnings yield , stock market , earnings before interest and taxes , econometrics , earnings , passive income , residual income valuation , growth stock , operating cash flow , price–earnings ratio , cash flow , stock (firearms) , book value , market value , economics , business , restricted stock , finance , microeconomics , valuation (finance) , horse , equity risk , engineering , public economics , biology , paleontology , gross income , state income tax , mechanical engineering , tax reform , incentive
The purpose of this study was to examine the effect of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) on Stock Returns. Samples used in the study were 22 of LQ-45 index companies listed on the Indonesia Stock Exchange. This study uses multiple linear regression analysis, with partial hypothesis test (t test), simultaneous test (f test), and coefficient of determination (adjusted R). The results of this research indicate that there is an influence from the variable influence of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) ) towards Stock Return. This is because the company is able to create good performance so that investors can invest in the company.