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 |
Daftar Isi:
- 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