Pengaruh Loan To Deposit Ratio, Capital Adequacy Ratio, Return On Asset Dan Non Performing Loan Terhadap Return Saham
Kata Kunci:
Stock Return, Loan to Deposit Ratio, Capital Adequacy Ratio, Return on Assets, Non-performing loanAbstrak
This study aimed to examine the effect Loan to Deposit Ratio (LDR), Capital Adequacy Ratio (CAR), Return on Assets (ROA and Non - Performing Loans (NPL) on stock returns banking companies listed in Indonesia Stock Exchange.The Independent variable used is the Loan to Deposit Ratio ( LDR), Capital Adequacy Ratio (CAR), Return on Assets (ROA) and non - performing loan (NPL) dependent variable stock returns. The purpose of this study was to obtain empirical evidence about the influence of Loan to Deposit Ratio ( LDR), Capital Adequacy Ratio ( CAR), Non Performing Loan (NPL) and Return on Assets (ROA) on stock returns banking companies listed in Indonesia Stock Exchange.
The population in this is a banking company that is listed on the Indonesia Stock Exchange (IDX) the observation period 2015 to 2017. Data used in this study was obtained from the Bank's Financial Statements obtained. Data analysis method used by Indonesia Stock Exchange and Bank Indonesia. Data analysis method used is multiple linear regression, hypothesis testing while using the simultaneous test ( F test ) to test the effect of these variables together and test with a significance level of 5% to test the effect of partial variables.
Based on the test results, the results obtained simultaneously Loan to Deposit Ratio ( LDR ) has a positive effect on significant, its capital and Assets (ROA) and a significant positive effect of Non performing loan (NPL) significant negative effect on stock return in corporate banking. Predictive ability of the four variables on stock return is 57.1 %, as indicated by the adjusted R2, while the rest is influenced by other factors not included in the model.
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