ANALISIS PENGARUH RASIO LIKUIDITAS, LEVERAGE, AKTIVITAS, DAN PROFITABILITAS TERHADAP RETURN SAHAM PADA PERUSAHAAN CONSUMER GOODS YANG TERDAFTAR DI BEI

Abstract

The purpose of this research is to test the elect of financial ratios, i,e. liquidity ratio (current ratio), leverage ratio (debt to equity ratio), activity ratio (total asset turn over), and profitability ratio (return on equity) to total return at consumer goods companies listed in BEI. The population of this research are all companies listed in Bursa Efek Indonesia (BEI). The samples are 36 companies listed in BEI during the year 2003 - 2007. The samples are chosen by using purposive sampling method. The data are analyzed with multiple regression by means of SPSS Ver 12.0. The results indicate that partially current ratio, total asset turn over, and return on equity have significant influence to total return. Conversely Debt to equity ratio does not have significant influence towards total return. Simultaneously current ratio, total asset turn over, return on equity, and debt to equity ratio have significant influence to total return.