ANALISIS PENGARUH BETA, UKURAN PERUSAHAAN, DAN RASIO BOOK TO MARKET TERHADAP RETURN SAHAM (STUDI KASUS PADA PERUSAHAAN SEKTOR CONSUMER GOODS PERIODE 2008 – 2011)
Abstrak: Investment is
rational action did by humans to increase their wealth in the future, with
sacrifice money and other economic resources in investing there are some things
that should be considered by investors one of which is the return and risk. In
general, investors will always consider the trade off between return that will
be earned in investing and the risks to be faced in making such investments.
The object of this study was the Consumer Goods sector Manufacturing industries
listed in the Indonesia Stock Exchange for 4 years, from 2008 to 2011. The
method of selecting samples in this research is purposive judgment sampling
method. The F-test was 0,000 which is smaller than the degree of error is equal
to 0.05 or 5% thus Beta, company size, and the ratio of book to market
simultaneously - significant effect in predicting Return Consumer Goods shares
in the company. T test results showed the Beta coefficient of 0.023 with a
significance value of 0.004. This means Beta significant positive effect due to
the significance value of 0.004 is smaller than the required significance level
of 5%. Company size coefficient of 2.349 and 0.915 significance value. This
means that the size of the company does not have a significant effect because
the significance value of 0.915 is much larger than the required significance
level of 5%. Coefficient of book to market ratios of -0.015 with a significance
value of 0.001. This means that the ratio of book to market significant
negative effect because the significance value 0.001 is much smaller than the
required significance level of 5%.
Penulis: Ali Sadikin
Kode Jurnal: jpkomunikasidd150597
