The Effect of Return On Assets (ROA) and Dividend Payout Ratio (DPR) on Return of LQ45 Company Shares Listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 Period
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Dec 27, 2022
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Abstract
The purpose of this research is to analyze the influence of return on assets and dividend payout ratio on stock return. Their search population are companies incorporated in LQ45 index and listed on the Indonesia Stock Exchange year 2019-2021. By using purposive sampling method, obtained 63 financial statements from 21 different companies that meet predetermined criteria. The research conducted using multiple regression analysis method. The result showed that return on assets has no significant effect on stock return, dividend payout ratio negatively and significantly affected stock return, also simultaneously return on assets and dividend payout ratio have no significant effect on stock return.
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Ibrahim, Zaini. (2015). Introduction to Microeconomics, Depok: CV. Damar Madani Media.cashmere. 2014. Entrepreneurship, Bandung: PT RajaGrafindo.
Jowa, S., Prihatminingtyas, B., & Susanti, R. A. D. (2021). Effect of Capital, Length of Business, Hours of Work, Location and Quality of Business Products on Income of Dinoyo Market Traders, Malang City (Doctoral Dissertation, Faculty of Economics, Tribhuwana Tunggadewi University).
Mankiw, Gregory. (2000). Introduction to Economics Volume 2. Jakarta: Erlangga.
Prihatminingtyas, B. (2019). Effect of Capital, Length of Business, Hours of Work and Business Location on Traders' Income at Landungsari Market. Reference: Journal of Management and Accounting Sciences, 7(2), 147-154.
Ramani, R., Miftah, A. A., & Yunus, M. (2021). Analysis of Traders' Income Levels During the Covid 19 Pandemic at Surade Traditional Markets, Tabir District, Merangin Regency (Doctoral Dissertation, UIN Sulthan Thaha Saifuddin Jambi).
Rizki, and Sindi Pratiwi. (2020) “The Impact of Covid-19 on the Income of Micro Traders in Traditional Markets” 1.
Sari, N., & Andika, S. (2020). The Influence of Capital, Location and Hours of Work on the Income Level of Traders in Selatbaru Beach Tourism, Bantan District in an Islamic Economic Perspective. Sorcerer: Journal Of Sharia And Islamic Economics, 1(2).
Soemarso S.R. (2005) Accounting An Introduction, Jakarta: PT. Salemba Four Patrias.
Sondakh, D. M., Rotinsulu, D. C., & Maramis, M. T. B. (2022). Analysis of Factors Affecting Market Traders Income 54 In Amurang District. Scientific Journal of Efficiency, 22(2).
Sri Chandrawati, A.A. Ketut (2010) Traditional Modern Market, Community Lifestyle, Tabanan Regency, Bali Province. Bali: STIA.
Sugiyono. (2017). Quantitative, Qualitative, and R&D Research Methods. Bandung: Alphabeta
Suherman, A., Kartini, T., Sudarma, A., Martaseli, E., Nurodin, I., Muchlis, C., Eriswanto, E., Nugroho, Wahyu, G., & Tanjung, H. (2021). Thesis Writing Guide (L. Cover (ed.); 5th ed.). Accounting Study Program
Ummi Praditasari,(2018). Analysis of Factors Affecting the Income of Traders in the Sidodad Market (Kleco) Surakarta City, Journal of Economics, University of Muhammadiyah Surakarta, thesis.
Yusuf Wibowo, Community Economics, Indonesian University of Education, (2008)