PENGARUH DEBT TO EQUITY RATIO, BETA SAHAM DAN HARGA SAHAM TERHADAP RETURN SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA

Abstract

This research is a research on the factors that affect the return (rate of return) of shares. The object of this research is food and beverage companies listed in Indonesia Stock Exchange (IDX) with annual report period 2011-2013. The stock return is calculated from the percentage change in the year-end stock price. Factors that allegedly affect the stock return in this study is the debt ratio (Debt To Equity Ratio), the level of risk as measured by stock Beta and Year-end stock price.The researcher used the method of puposive sampling with associative approach. Data were analyzed by using multiple regression with SPSS program. From result of research, researcher get result for variable Debt To Equty Ratio does not have an effect to Return of stock. Judging from R Square by 0,0%, Beta stock shows no influence to Return of stock by seeing R Square result equal to 0,0%, and stock price show no effect to Return of stock by seeing R Square equal to 4,8%. Simultaneously Debt To Equty Ratio, Beta and stock price have no effect on Return of stock ang can be seen from Adjusted R square equal to -7,6%. Based on the result of the research, H1, H2, and H3 are rejected. This means that Debt To Equty Ratio, Beta share and stock price variables have no effect on Retun shares