Analisis pengaruh rasio keuangan terhadap return saham pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2005-2007

Oleh :
Ika Fajarwati W.A - F1206073 - Fak. Ekonomi dan Bisnis

This research is conducted for knowing the effect of financial work to return investment. The aim of this research are first, giving empirical proof of financial ratio effect which is measured with Current Ratio (CR), Return on Equity (ROE), Inventory Turnover (ITO), Price Earning Ratio (PER), Earning Per Share (EPS), and Debt to Equity Ratio (DER) together to return investment. Second is giving empirical proof of financial ratio measured with Current Ratio (CR), Return on Equity (ROE), Inventory Turnover (ITO), Price Earning Ratio (PER), Earning per Share (EPS), and Debt to Equity Ratio (DER) partially to return investment. Third is financial ratio variable which has dominant effect to return investment. This research is used whole population of manufacturing company that is registered on Indonesia stock exchange period 2005 to 2007. This research is explanatory research, explaining if there any relationship between those researched variables or not, trough hypothesis tasked. The sample is taken by purposive sampling method then it got 77 companies. Date analytical method used is double linier regression analysis which used SPSS 15 program. Before the analysis id conducted, date is tasked about its normality, multycolinerity, autocorrelation, and heteroxedacity. For knowing the effect of independent variable to dependent variable is used double linier regression with tasking F value and T value. The result of this research proofed that financial ratio which is measured with Current Ratio (CR), Return on Equity (ROE), Inventory Turnover (ITO), Price Earning Ratio (PER), Earning Per Share (EPS), and Debt to Equity Ratio (DER) together with significantly influence to return investment. Return on Equity (ROE) and Price Earning Ratio (PER) partially significant to return investment. While Current Ratio (CR), Inventory Turnover (ITO), Earning Per Share (EPS) and Debt to Equity Ratio (DER) partially do not influence significantly to return investment. Financial ratio variable which has dominantly influence to return investment is Return on Equity (ROE). Key Words: Return Investment, Current Ratio (CR), Return on Equity (ROE), Inventory Turnover (ITO), Price Earning Ratio (PER), Earning Per Share (EPS), and Debt to Equity Ratio (DER)