The Effect of Earning per Share and Market Value Added on Stock Return in Property and Real Estate Companies Listed on the Indonesia Stock Exchange 2017-2019

Authors

  • Fika Aryani Institut Ilmu Sosial dan Manajemen STIAMI
  • Niken Putri Syawalliawaty Institut Ilmu Sosial dan Manajemen STIAMI

DOI:

https://doi.org/10.31334/neraca.v2i2.1491

Keywords:

Earning per Share, Market Value Added, Stock Return

Abstract

This research aims to axamine the effect of Earning per share and Market Value Added variables om stock Return. This research is categorized as associative research. And  uses a quantitative approach by taking data in the form of financial reports obtained from the Indonesia Stock Exchange. Samples taken using purposive sampling method are 19 companies with 48 samples. The analysis used is descriptive statistics, statistical tests and multiple linear regression analysis to see the coefficient of determination, the F statistical value and the statistical value used in hypothesis testing. The results of this research indicate that partially earning per share has a positive and significant effect on stock return, with a significance level of  0.05. And Market value Added give no effect to the stock return.   Whereas the Earning Per Share and Market Value Added simultaneously significant effect     significant effect on stock returns

References

Sumber Buku :

Darmadji, Tjiptono, dan Fakhruddin. (2012). Pasar Modal Di Indonesia. Edisi Ketiga. Jakarta : Salemba Empat.

Fahmi, Irham. (2013). Pengantar Manajemen Keuangan. Bandung : Alfabeta.

Ghozali, Imam. (2016). Aplikasi Analisis Multivariete Dengan Program IBM SPSS 23 (Edisi 8). Cetakan ke VIII. Semarang : Badan Penerbit Universitas Diponegoro.

Hartono, Jogiyanto. (2013). Metodologi Penelitian Bisnis Salah Kaprah dan Pengalaman-pengalaman. Edisi 5. BPFE-Yogyakarta. Yogyakarta.

Husnan dan Pudjiastuti. (2012). Dasar-Dasar Manajemen Keuangan. Yogyakarta: UPP STIM YKPN.

Jogiyanto. (2012). Teori Portofolio dan Analisis Investasi. Edisi Ketujuh.Yogyakarta. BPFE

Kamaludin dan Indriani, Rini, (2012). Manajemen Keuangan “Konsep Dasar dan Penerapannyaâ€. Edisi Revisi. Bandung : CV. Mandar

Kasmir. (2013). Analisis Laporan Keuangan. Jakarta: PTRaja Grafindo Persada.

Sugiyono. (2014). Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.

Tandelilin, Eduardus. (2010). Portofolio dan Investasi Teori dan Aplikasi. Edisi pertama. Yogyakarta : Kanisius

Sumber Jurnal :

Alexander, Nico, dan Nicken Destriana. (2013). Pengaruh Kinerja Keuangan Terhadap Return Saham. Jurnal Bisnis dan Akuntansi Vo15 No.2 : 123-132.

Bisara, Chrismas dan Lailatul Amanah. (2015). Pengaruh Kinerja Keuangan Terhadap Return Saham. Jurnal Ilmu dan Riset Akuntansi. Vol. 4, No.2.

Endaryani, Fika dan Dwiati Marsiwi, Khisnatul Zulfa W. (2019). Analisis Pengaruh Economic Value Added, Earning, Market Value Added Dan Arus Kas Terhadap Return Saham (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2015). Jurnal Ekonomi, Manajemen dan Akuntansi Vol.3 No.1 : 66-80.

Kusuma, Rizka Ayu, dan Topowijono. Pengaruh Economic Value Added (EVA) dan Market Value Added (MVA) Terhadap Return Saham (Studi pada Perusahaan yang Terdaftar dalam Indeks LQ45 di Bursa Efek Indonesia Periode 2012-2016). (2018). Jurnal Administrasi Bisnis Vol.61 No.3: 65-72.

Rahayu, Elok Puji, dan Sri Utiyati. Pengaruh EPS, RI, EVA, MVA, PER Terhadap Return Saham pada Perusahaan Manufaktur. (2017). Jurnal Ilmu dan Riset Manajemen (JIRM) Vol. 6 No.1 : 1-22.

Sumber Internet :

www.idx.co.id

Downloads

Published

2021-04-30

Issue

Vol. 2 No. 2: April 2021

Section

Articles

License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. 

Copyright Notice

Please find the rights and licenses in Neraca : Jurnal Akuntansi Terapan, spirit is to disseminate articles published are as free as possible. Under the Creative Commons license, Jurnal Akuntansi Terapan permits users to copy, distribute, display, and perform the work for non-commercial purposes only. Users will also need to attribute authors and Neraca : Jurnal Akuntansi Terapan on distributing works in the journal and other media of publications.

Co-Authorship

If the article was jointly prepared by more than one author, any authors submitting the manuscript warrants that he/she has been authorized by all co-authors to be agreed on this copyright and license notice (agreement) on their behalf, and agrees to inform his/her co-authors of the terms of this policy. Neraca : Jurnal Akuntansi Terapan will not be held liable for anything that may arise due to the author(s) internal dispute. Neraca : Jurnal Akuntansi Terapan will only communicate with the corresponding author.

Miscellaneous

Neraca : Jurnal Akuntansi Terapan will publish the article (or have it published) in the journal if the article’s editorial process is successfully completed. Neraca : Jurnal Akuntansi Terapan editors may modify the article to a style of punctuation, spelling, capitalization, referencing and usage that deems appropriate. The author acknowledges that the article may be published so that it will be publicly accessible and such access will be free of charge for the readers as mentioned in point 3.

Every accepted manuscript should be accompanied by "Copyright Transfer Agreement" prior to the article publication.