The influence of monetary performance on stock return in consumer goods industry: A case of Indonesian Stock Exchange

Windari Christy Nainggolan and Vincentia Wahju Widajatun
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Windari Christy Nainggolan: Faculty of Business and Management, Widyatama University, Bandung, Indonesia
Vincentia Wahju Widajatun: Faculty of Business and Management, Widyatama University, Bandung, Indonesia

International Journal of Finance & Banking Studies, 2020, vol. 9, issue 3, 39-50

Abstract: The purpose of this research is to discover the monetary performance of stock return on the category of consumer goods industry company in 2015 -2018 periode using EPS (Earnings Per Share), ROE (Return On Equity), and DER (Debt to Equity Ratio) as its measurement tools. The method used in this research is causal method with consumer goods industry company sector as its research object. Purposive sampling was used as research sample extraction and as a result, 14 companies were determined as data sample. The data were analyzed using classic assumption test which consisted of normality test, multicollinearity test, and heteroscedasticity test, panel data and hypothetical test. From the result of the research it was determined that monetary performance projected in return on equity was significantly affected the stock return. As for the monetary performance projected in earning per share and debt to equity ratio, was partially insignificantto its effect on stock return. Both monetary performance projected in earning per share, return on equity and debt to equity ratio was significantly affected the stock return of consumer goods industry company in 2015 -2018.

Keywords: Earning per share; Return on equity; Debt to equity ratio; Stock return (search for similar items in EconPapers)
Date: 2020
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