PENGARUH RASIO KEUANGAN, ECONOMIC VALUE ADDED (EVA), MARKET VALUE ADDED (MVA) TERHADAP RETURN SAHAM PADA PERUSAHAAN PERKEBUNAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2015-2020

Abstract

ABSTRACT

This study aims to examine the effect of Finantial Ratio are, Current Ratio, Debt to Equity Ratio, Total Asset Turn Over, Return on Equity, Economic Value Added, and Market Value Added to stock returns both partially and simultaneously. The sample of this study was obtained from plantation companies listed in Indonesia Stock Exchange during the period 2015-2020 consisting of 12 companies. Data collection with documentation studies and literature studies. Data analysis using multiple linear regression. The results showed that partial test of Current Ratio, Debt to Equity Ratio, Total Asset Turn Over, Return on Equity, Economic Value Added had no effect on stock return, while Market Value Added had effect on stock return. Current Ratio, Debt to Equity Ratio, Total Asset Turn Over, Return on Equity, Economic Value Added, Market Value Added, simultaneously effect towards stock returns.

Keywords: Finantial Ratio, Economic Value Added, Market Value Added, Stock Return.