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Pengaruh price earning ratio (PER), price to book value (PBV), debt to equity ratio (DER) dan ukuran perusahan terhadap tingkat pengembalian saham terkait dengan anomali pasar efisien pada indeks LQ45 periode 2004-2008
In making an investment decision, investors must consider several things that can be an indicator of a stock assessment. One is by paying attention to fundamental variables such as price to earnings ratio (P/E ratio), price to book value (PBV), and debt to equity ratio (DER). Besides company size measured by market capitalization are also often used as indicators of the stock assessment. But the market is not always efficient and always reflects the information available. The theory of efficient markets states inconsistency called efficient market anomaly. Anomalies associated with the variables of this study are the P/E effect, P/B effect, and size effect. This study will examine the effect of price to earnings ratio (P/E ratio), price to book value (PBV), debt to equity ratio (DER) and the size of the company on stock returns and see if there is an efficient market anomaly in stock market Indonesia using panel data regression. However, this study found no significant and negative relationship between P/E ratio of companies with stock returns. While for the other three variables found a significant relationship. In this study also proved the existence of size effect in Indonesia.Ada tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 6996 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Progran Studi Departemen Ilmu Manajemen Fakultas Ekonomi Universitas Indonesia 2010 |
|---|---|
| Edisi | - |
| Subjek | Share valuation Capital market Stock return Firm size Debt to equity Earnings ratios |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xvii, 106 p. ; 30 cm |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |