PENGARUH OPERATING MANAGEMENT, INVESTMENT MANAGEMENT DAN FINANCIAL MANAGEMENT TERHADAP RETURN SAHAM (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2009-2011)

DYNAMIKA, DANNY (2013) PENGARUH OPERATING MANAGEMENT, INVESTMENT MANAGEMENT DAN FINANCIAL MANAGEMENT TERHADAP RETURN SAHAM (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2009-2011). Other thesis, Universitas Sebelas Maret.

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    Abstract

    This study used to analize the effect of Return on Sales (ROS), Total Asset Turnover (TATO), Financial Leverage (FL), Ebitda Margin (EM), Operating Working Capital Turnover (OWCT), Inventory Turnover (ITO) dan Current Ratio (CR) on Stock Returns in manufacturing companies that listed in Indonesia Stock Exchange during 2009-2011. The Population in this study are all manufacturing companies that listed ini Indonesia Stock Exchange during 2009-2011. After passing through the stage of pusposive sampling, it gained 42 companies with sample data that form in financial statements and summary financial performance during 2009-2011. The analysis technique that used in this study is multiple regression and hypothesis testing using the t-statistic for testing the partial regression coefficients and F-statistics to test together effect with a significance level at 5%. Reults showed thar Return on Sales (ROS) has positively and significant association, Total Asset Turnover (TATO) has positively and not significant association, Financial Leverage (FL) has positively and not significant association, Ebitda Margin (EM) has negatively and not significant association, Operating Working Capital Turnover (OWCT) has negatively and significant association, Inventory Turnover (ITO) has negatively and not significan association, Current Ratio (CR) has negatively and not significant association with Stock Return. Keywords: Return on Sales (ROS), Total Asset Turnover (TATO), Financial Leverage (FL), Ebitda Margin (EM), Operating Working Capital Turnover (OWCT), Inventory Turnover (ITO), Current Ratio (CR), Stock Returns Penelitian ini digunakan untuk menganalisis pengaruh Return on Sales (ROS), Total Asset Turnover (TATO), Financial Leverage (FL), Ebitda Margin (EM), Operating Working Capital Turnover (OWCT), Inventory Turnover (ITO) dan Current Ratio (CR) terhadap Return saham pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2009-2011. Populasi dalam penelitian ini adalah seluruh perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2009-2011. Setelah melewati tahap purposive sampling, didapatkan 42 perusahaan dengan data sampel berupa laporan keuangan dan ringkasan kinerja keuangan. Teknik analisis yang digunakan pada penelitian ini adalah regresi berganda dan uji hipotesis menggunakan t-statistik untuk menguji koefisien regresi parsial serta f- statistik untuk menguji pengaruh secara bersama-sama dengan tingkat signifikansi 5%. Hasil menunjukkan bahwa Return on Sales (ROS) memiliki hubungan positif dan signifikan, Total Asset Turnover (TATO) memiliki hubungan positif dan tidak signifikan, Financial Leverage (FL) memiliki hubungan positif dan tidak signifikan, Ebitda Margin (EM) memiliki hubungan negatif dan tidak signifikan, Operating Working Capital Turnover (OWCT) memiliki hubungan negatif dan signifikan, Inventory Turnover (ITO) memiliki hubungan negatif dan tidak signifikan, Current Ratio (CR) memiliki hubungan negatif dan tidak signifikan terhadap Return saham. Kata Kunci: Return on Sales (ROS), Total Asset Turnover (TATO), Financial Leverage (FL), Ebitda Margin (EM), Operating Working Capital Turnover (OWCT), Inventory Turnover (ITO) dan Current Ratio (CR), Return saham

    Item Type: Thesis (Other)
    Subjects: H Social Sciences > HB Economic Theory
    H Social Sciences > HC Economic History and Conditions
    Divisions: Fakultas Ekonomi > Manajemen
    Depositing User: Tri Wahyu Prasetyo
    Date Deposited: 17 Apr 2014 21:16
    Last Modified: 17 Apr 2014 21:16
    URI: https://eprints.uns.ac.id/id/eprint/11771

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