The Effect of Financial Ratios Toward Sharia Stock Return In Jakarta Islamic Index (JII)

This research aimed to analyze the significance effect of financial ratios toward sharia stock return on companies listed in Jakarta Islamic Index (JII) either simultaneously or partially. Sample in this study is 12 (twelve) companies listed in Jakarta Islamic Index (JII) period of 2011-2015. The an...

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Auteurs principaux: Azizah Maulina Erzad, Afrizal Maulana Erzad
Format: article
Langue:AR
EN
Publié: P3M STAIN Kudus 2017
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Accès en ligne:https://doaj.org/article/77e835cb4303406ca94bde2eddd1bbc8
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Résumé:This research aimed to analyze the significance effect of financial ratios toward sharia stock return on companies listed in Jakarta Islamic Index (JII) either simultaneously or partially. Sample in this study is 12 (twelve) companies listed in Jakarta Islamic Index (JII) period of 2011-2015. The analysis model in this study using multiple linear regression analysis model and analysis techniques to test the hypothesis using the F test, t test, and R2 test. The results of testing hypothesis and discussion is Return On Asset (ROA), Debt To Equity Ratio (DER), and Earning Per Share (EPS) simultaneously have significant effect toward sharia stock return. Earning Per Share (EPS) partially have positive and no significant effect toward sharia stock return, Return On Asset (ROA) partially have positive and significant effect toward sharia stock return, and Debt To Equity Ratio (DER) partially have negative and significant effect toward sharia stock return.