INFLUENCEOF FIRM CHARACTERISTIC ON ABNORMAL RETURN
ABSTRACT: The purpose of this
research is to obtain empirical evidence about the influence of firm
characteristics on abnormal return. Independent variables used in this research
are price to earnings ratio, firm size, market to book value, return on equity,
current ratio, and debt to equity ratio to abnormal return.
Population in this research are manufacturing companies listed in
Indonesia Stock Exchange during 2011-2014. Samples are obtained through
purposive sampling method. Data are analyzed using multiple regression
analysis.
The results shows that price earnings ratio, firm size, market to book
value, return on equity, current ratio, and debt to equity ratio have no
influence toward abnormal return.
Keyword: Price Earnings Ratio,
Firm Size, Market to Book Value, Return On Equity, Current Ratio, Debt to
Equity Ratio, Abnormal Return
Penulis: Hidayah Wiweko
Kode Jurnal: jpmanajemendd161102
