PENGARUH KINERJA KEUANGAN DAN KINERJA MANAJERIAL TERHADAP RETURN SAHAM (Studi Pada Perusahaan Manufaktur yang Terdaftar di BEI)

Abstract

This research is done to know influence of manajerial's finance and performance performance to return stock. Thus, intent to get the better grasp in financial performance purpose and manajerial's performance in its relationship with return stock. Financial performance as variable as independent is liquidity ratio, solvency ratio, profitability ratio, activity ratio and market ratio. manajerial's performance as variable as independent is economic value added . Meanwhile dependen's variable that is utilized is return stock. Bifilar linear regression to be utilized to analyze first hypothesis until seventh hypothesis, and analisis is elasticity is utilized to test eighth hypothesis. Sample constitutes financial statement of 52 enrolled manufacturing business at Indonesian Stock Exchange up to year 2007 2009. Utilizing analisis observational bifilar linear regression it points out that liquidity ratio, solvency ratio, profitability ratio, activity ratio, market ratio, and economic value added having signifikan's influence simultan's ala to return stock. While partially just ratio liquidity, profitability ratio, and influential activity ratio signifikan to return stock. But then dominant variable that regards return stock is activity ratio. Remember that this research limited to manufacturing sector, recommended continuing research to insert other firm sector that enrolled at Indonesian Stock Exchange and variable other one regards return stock.