THE INFLUENCE OF CURRENT RATIO, DEBT TO EQUITY RATIO, AND NET PROFIT MARGIN ON LQ45 STOCK RETURN IN THE INDONESIA STOCK EXCHANGE
| Main Author: | Sombolayuk, Wihalminus |
|---|---|
| Format: | Article info application/pdf |
| Bahasa: | eng |
| Terbitan: |
Institut Transparansi dan Akuntabilitas Publik (INSPIRING)
, 2023
|
| Online Access: |
https://journal.inspiring.or.id/cjba/article/view/34 https://journal.inspiring.or.id/cjba/article/view/34/27 |
| ctrlnum |
article-34 |
|---|---|
| fullrecord |
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<dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><title lang="en-US">THE INFLUENCE OF CURRENT RATIO, DEBT TO EQUITY RATIO, AND NET PROFIT MARGIN ON LQ45 STOCK RETURN IN THE INDONESIA STOCK EXCHANGE</title><creator>Sombolayuk, Wihalminus</creator><description lang="en-US">ABSTRACT
&nbsp;
Purpose – This study aims to find the effect of current ratio, debt to equity ratio ang net profit margin on LQ45 stock return on the Indonesia Stock Exchange.
Design/methodology/approach – This study uses a quantitative paradigm with a deductive approach.
Findings – The results of the study show the company's liquidity, which is proportional to the current ratio, has a positive and significant effect on company stock returns in the LQ 45 Index. The solvency of the company proxied by the debt-to-equity ratio has a positive and significant effect on the company's stock return in the LQ 45 Index. Profitability proxied by the net profit margin has a positive but not significant effect on company stock returns in the LQ 45 Index Liquidity, solvency and profitability have a significant effect on changes in stock returns.
Originality – The population in this study are all issuers registered with LQ 45 from 2013 -2017
Keywords: Current Ratio, Debt to Equity Ratio, Net Profit Magin Ratio
Paper Type Research Result</description><publisher lang="en-US">Institut Transparansi dan Akuntabilitas Publik (INSPIRING)</publisher><date>2023-04-30</date><type>Journal:Article</type><type>Other:info:eu-repo/semantics/publishedVersion</type><type>Journal:Article</type><type>File:application/pdf</type><identifier>https://journal.inspiring.or.id/cjba/article/view/34</identifier><identifier>10.58792/cjba.v3i1.34</identifier><source lang="en-US">Contemporary Journal on Business and Accounting; Vol 3 No 1 (2023): Contemporary Journal on Business and Accounting (CjBA); 21-36</source><source>2776-8996</source><source>2777-0877</source><source>10.58792/cjba.v3i1</source><language>eng</language><relation>https://journal.inspiring.or.id/cjba/article/view/34/27</relation><rights lang="en-US">Copyright (c) 2023 Contemporary Journal on Business and Accounting</rights><recordID>article-34</recordID></dc>
|
| language |
eng |
| format |
Journal:Article Journal Other:info:eu-repo/semantics/publishedVersion Other File:application/pdf File |
| author |
Sombolayuk, Wihalminus |
| title |
THE INFLUENCE OF CURRENT RATIO, DEBT TO EQUITY RATIO, AND NET PROFIT MARGIN ON LQ45 STOCK RETURN IN THE INDONESIA STOCK EXCHANGE |
| publisher |
Institut Transparansi dan Akuntabilitas Publik (INSPIRING) |
| publishDate |
2023 |
| url |
https://journal.inspiring.or.id/cjba/article/view/34 https://journal.inspiring.or.id/cjba/article/view/34/27 |
| contents |
ABSTRACT
Purpose – This study aims to find the effect of current ratio, debt to equity ratio ang net profit margin on LQ45 stock return on the Indonesia Stock Exchange.
Design/methodology/approach – This study uses a quantitative paradigm with a deductive approach.
Findings – The results of the study show the company's liquidity, which is proportional to the current ratio, has a positive and significant effect on company stock returns in the LQ 45 Index. The solvency of the company proxied by the debt-to-equity ratio has a positive and significant effect on the company's stock return in the LQ 45 Index. Profitability proxied by the net profit margin has a positive but not significant effect on company stock returns in the LQ 45 Index Liquidity, solvency and profitability have a significant effect on changes in stock returns.
Originality – The population in this study are all issuers registered with LQ 45 from 2013 -2017
Keywords: Current Ratio, Debt to Equity Ratio, Net Profit Magin Ratio
Paper Type Research Result |
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IOS19745.article-34 |
| institution |
Institut Transparansi dan Akuntabilitas Publik (INSPIRING) |
| institution_id |
10433 |
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library:public library |
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Contemporary Journal on Business and Accounting |
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7754 |
| collection |
Contemporary Journal on Business and Accounting (CjBA) |
| repository_id |
19745 |
| subject_area |
Accounting_Finance Accounting_Auditing TAX Auditing |
| city |
KOTA MAKASSAR |
| province |
SULAWESI SELATAN |
| repoId |
IOS19745 |
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2024-06-13T04:01:52Z |
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2024-06-13T04:01:52Z |
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1801717580563480576 |
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9.9049015 |