The impact of financial ratio and macroeconomic variables on lq45 stock return in 2005 - 2012
This study aims to examine the impact of the financial ratios as the internal factors and macroeconomic variables as the external factors on LQ45 stock return in 2005 ? 2012. The independent variables are: Liquidity Ratio, Profitability Ratio, Leverage Ratio, Activity Ratio, and Macroeconomic Variable with the dependent variable of Stock Return. By using Panel Data with E-views 6 the result shows that both of partial and simultaneous examination these independent variables impact the stock return. The result shows that (1) Profitability Ratio (Price to Book Value) has positive and significant impact on stock return (2) Macroeconomic Variables (Inflation rate and Exchange Rate) has negative and significant impact on stock return.
B01417 | (wh) | Available |
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