Assessing Stock Return: Findings from Consumer Goods Industry in Indonesia
Abstract
This study aims to determine the impact of earnings per share (EPS), dividend payout ratio (DPR), debt to equity ratio (DER), and investment opportunity set (IOS) on stock return. Population of this study is consumer goods industry sector companies listed on Indonesia Stock Exchange (IDX). The total sample was taken compromising 17 companies within a period from 2010-2013, by using purposive sampling method. The data used are secondary data and analytical methods use is regression analysis test tools. The results of this study showed that there are no impacts of earnings per share, dividend payout ratio, debt to equity ratio, and investment opportunity set partially and simultaneously on stock return on the consumer goods industry sector companies. The results of this study mostly influenced by the performance of consumer goods industry sector companies that have high stability and resistant towards crisis.
Moraref