Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return Saham
This study examines the influence of Dividend Payout Ratio (DPR), Earning Per Share (EPS), and Debt to Equity Ratio (DER) on Stock Returns in companies listed on the LQ45 Index of the Indonesia Stock Exchange (IDX) during the 2021–2023 period. Using a quantitative approach, this research analyzed da...
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| Format: | Article |
| Language: | English |
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Universitas Mahasaraswati Denpasar
2024-12-01
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| Series: | Jurnal Inovasi Akuntansi |
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| Online Access: | https://e-journal.unmas.ac.id/index.php/jia/article/view/10315 |
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| author | Luh Putri Mas Mirayani RR. Maria Yulia Dwi Rengganis I Gusti Ayu Ratih Permata Dewi |
| author_facet | Luh Putri Mas Mirayani RR. Maria Yulia Dwi Rengganis I Gusti Ayu Ratih Permata Dewi |
| author_sort | Luh Putri Mas Mirayani |
| collection | DOAJ |
| description | This study examines the influence of Dividend Payout Ratio (DPR), Earning Per Share (EPS), and Debt to Equity Ratio (DER) on Stock Returns in companies listed on the LQ45 Index of the Indonesia Stock Exchange (IDX) during the 2021–2023 period. Using a quantitative approach, this research analyzed data from annual financial reports of 22 companies selected through purposive sampling, with a total of 66 observations. Multiple linear regression analysis was employed to evaluate the relationships between variables. The results indicate that DPR and EPS have a positive and significant impact on Stock Returns, with respective p-values of 0.001. This suggests that higher dividends and improved financial performance significantly enhance stock returns. On the other hand, DER does not have a significant influence on Stock Returns. This study provides practical implications for companies to strengthen their dividend policies and financial performance to attract investors. Investors are recommended to use DPR and EPS as primary indicators in forming an optimal investment portfolio. The findings contribute to the theoretical literature on financial ratios and stock performance in developing markets and suggest opportunities for future research, including additional variables such as macroeconomic factors or market conditions, to enhance Stock Return prediction models. |
| format | Article |
| id | doaj-art-ee1c31573cb04b909262feeb5ea2ebd1 |
| institution | Kabale University |
| issn | 2988-1536 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Universitas Mahasaraswati Denpasar |
| record_format | Article |
| series | Jurnal Inovasi Akuntansi |
| spelling | doaj-art-ee1c31573cb04b909262feeb5ea2ebd12025-08-20T03:29:19ZengUniversitas Mahasaraswati DenpasarJurnal Inovasi Akuntansi2988-15362024-12-012219320110.36733/jia.v2i2.1031511018Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return SahamLuh Putri Mas Mirayani0RR. Maria Yulia Dwi Rengganis1I Gusti Ayu Ratih Permata Dewi2Universitas Mahasaraswati DenpasarUniversitas Mahasaraswati DenpasarUniversitas WarmadewaThis study examines the influence of Dividend Payout Ratio (DPR), Earning Per Share (EPS), and Debt to Equity Ratio (DER) on Stock Returns in companies listed on the LQ45 Index of the Indonesia Stock Exchange (IDX) during the 2021–2023 period. Using a quantitative approach, this research analyzed data from annual financial reports of 22 companies selected through purposive sampling, with a total of 66 observations. Multiple linear regression analysis was employed to evaluate the relationships between variables. The results indicate that DPR and EPS have a positive and significant impact on Stock Returns, with respective p-values of 0.001. This suggests that higher dividends and improved financial performance significantly enhance stock returns. On the other hand, DER does not have a significant influence on Stock Returns. This study provides practical implications for companies to strengthen their dividend policies and financial performance to attract investors. Investors are recommended to use DPR and EPS as primary indicators in forming an optimal investment portfolio. The findings contribute to the theoretical literature on financial ratios and stock performance in developing markets and suggest opportunities for future research, including additional variables such as macroeconomic factors or market conditions, to enhance Stock Return prediction models.https://e-journal.unmas.ac.id/index.php/jia/article/view/10315dividend payout ratioearning per sharedebt to equity ratiostock returns |
| spellingShingle | Luh Putri Mas Mirayani RR. Maria Yulia Dwi Rengganis I Gusti Ayu Ratih Permata Dewi Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return Saham Jurnal Inovasi Akuntansi dividend payout ratio earning per share debt to equity ratio stock returns |
| title | Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return Saham |
| title_full | Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return Saham |
| title_fullStr | Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return Saham |
| title_full_unstemmed | Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return Saham |
| title_short | Analisis Signifikansi Pengaruh Dividend Payout Ratio, Earning Per Share dan Debt to Equity Ratio terhadap Return Saham |
| title_sort | analisis signifikansi pengaruh dividend payout ratio earning per share dan debt to equity ratio terhadap return saham |
| topic | dividend payout ratio earning per share debt to equity ratio stock returns |
| url | https://e-journal.unmas.ac.id/index.php/jia/article/view/10315 |
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