Analisis Pengaruh Komisaris Independen, Kualitas Audit dan Return on Assets terhadap Return Saham Perusahaan

Abstract

This study aims to investigate the impact of Independent Commissioners, Audit Quality, and Return On Assets on the Stock Returns of companies operating in the Energy, Raw Materials, and Industrial sectors listed on the Indonesia Stock Exchange for the years 2019-2020. The Independent Commissioners and Return On Assets variables are quantified in percentages, while Audit Quality is assessed based on the number of partners in public accounting firms. The dependent variable, Stock Returns, is calculated as a percentage. The research focuses on several companies across these three sectors, and a sample of 211 listed companies was chosen using purposive sampling. The study employed multiple linear regression analysis for hypothesis testing and found that Independent Commissioners, Audit Quality, and Return On Assets significantly affect Stock Returns. These results can offer valuable insights for company management and shareholders, providing mutually beneficial information. Future research could consider incorporating additional variables, such as Leverage, Return On Equity, Audit Fees, and Earnings Management.