Abstract
The development of increasingly stringent business world in Indonesia will create an increasingly sharp competition between companies. Firms in the industry in Indonesia is a land for investors to invest capital to be invested in various forms of securities. So it is not wrong for the company's various aspects and types become part of the capital market. This study was conducted to determine the effect of ROE, DER and PBV to Stock Return on Telecommunications Sector Sub Listed in Indonesia Stock Exchange. This study uses annual data for the observation period from 2014 until 2018. The research type is descriptive causality. The data used is the data panel that is a combination of annual time series data and cross section were processed using panel data regression analysis. The population is all Sub-Sector Telecommunications listed in Indonesia Stock Exchange from 2014 until 2018 the number of 5 companies. The sampling technique used purposive sampling, found a sample of four companies with the observation of 5 years in order to obtain total observation as much as 20. Data were obtained from the Indonesia Stock Exchange, and Yahoo Finance. Analysis of the data in this study is panel data regression. The model used is the Common Effect Model. The analysis showed that the ROE does not have a significant effect on stock returns, DER has no significant effect on stock returns, while PBV positive and significant effect Stock Return on Telecommunications Sector Sub Listed in Indonesia Stock Exchange.
Highlights
The development of increasingly stringent business world in Indonesia will create an increasingly sharp competition between companies
This study was conducted to determine the effect of Return On Equity (ROE), Debt to Equity Ratio (DER) and Price to Book Value (PBV) to Stock Return on Telecommunications Sector Sub Listed in Indonesia Stock Exchange
The analysis showed that the ROE does not have a significant effect on stock returns, DER has no significant effect on stock returns, while PBV positive and significant effect Stock Return on Telecommunications Sector Sub Listed in Indonesia Stock Exchange
Summary
The development of increasingly stringent business world in Indonesia will create an increasingly sharp competition between companies. The companies in the industry in Indonesia is a land for investors to invest capital to be invested in various forms of securities. It is not wrong for the company's various aspects and types become part of the capital market. Capital market in Indonesia has a lot of sectors one of which is infrastructure, utilities and transportation are companies which development is very fast and good. The amount of funds expended in the construction of infrastructure, utility and transportation to be an indicator that a country is very dedicated in providing the best facilities for its residents. Infrastructure, Utilities and Transport are growing rapidly and could push the country's revenue and support economic growth in Indonesia
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Dinasti International Journal of Digital Business Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.