Determinan Return Saham dengan Analisis Profitabilitas dan Sustainability Report

Sri Rahayu

Abstract


Stock returns are one of the important factors that investors pay attention to before investing. One sector that investors are interested in is the banking sector because this sector produces a large profit. Before investing, investors usually need information contained in financial reports and non-financial reports to calculate the stock return that investors will get in the future. This study aims to determine The Effect of Profitability and Sustainability Report on Stock Return. The sample selection technique in this study used a purposive sampling method and obtained 11 banking sub-sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period. The data analysis method used in this study is multiple linear regression analysis using the SPSS program version 22. Based on the results of this study, it can be concluded that profitability and sustainability report on environmental performance have a positive and significant effect on stock return, while sustainability report on economic performance and sustainability report on social performance have no effect on stock return.

Keywords


Profitability, Sustainability Report, Stock Return

Full Text:

PDF

References


Adnyana, I. M. (2020). Manajemen Investasi Dan Portofolio (Melati, Ed.). Lembaga Penerbitan Universitas Nasional (LPU-UNAS).

Aprilia, T. T., & Sarumpaet, S. (2023). Pengaruh Pengungkapan Sustainability Report Terhadap Harga Saham Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2020-2022. Riset Ilmu Manajemen, 4, 356–376. https://doi.org/10.61132/rimba.v1i4.377

Brigham, E. F., & Houston, J. F. (2018). Fundamentals of Financial Management (15th ed.). Cengage.

Darmawan. (2020). Dasar-Dasar Memahami Rasio Keuangan dan Laporan Keuangan (D. M. Lestari, Ed.; 1st ed.). UNY Press.

Dewi, I. A. L., & Ratnadi, N. M. D. (2019). Pengaruh Inflasi, Profitabilitas dan Ukuran Perusahaan Pada Return Saham Perusahaan Terindeks LQ45. E-Jurnal Akuntansi, 1120. https://doi.org/10.24843/eja.2019.v27.i02.p11

Dewi, N. L. P. S. U., & Sudiartha, I. G. M. (2019). Pengaruh Profitabilitas, Likuiditas, Leverage, Dan Ukuran Perusahaan Terhadap Return Saham Pada Perusahaan Food And Beverage. E-Jurnal Manajemen, 8(2), 7892–7921. https://doi.org/https://doi.org/10.24843/EJMUNUD.2019.v8.i2.p13

Dewi, N. L. Y. A. P., Endiana, I. D. M., & Arizona, I. P. E. (2020). Pengaruh Rasio Keuangan Dan Kebijakan Deviden Terhadap Return Saham. Jurnal Kharisma, 2(3), 227–239.

Fahmi, I. (2022). Analisis Laporan Keuangan (D. Handi, Ed.). Alfabeta.

Febriyanti, G. A. (2021). Pengaruh Sustainability Reporting Terhadap Nilai Perusahaan dengan Leverage sebagai Variabel Moderating. Jurnal Akuntansi Dan Pajak, 22(1), 366. https://doi.org/10.29040/jap.v22i1.2598

Fuadah, L. L., Yuliani, & Safitri, R. H. (2018). Pengungkapan Sustainability Reporting di Indonesia (D. Kusnandi, Ed.; 1st ed.). Citrabooks Indonesia.

Hasanudin. (2022). Current Ratio, Debt to Equity Ratio, dan Return on Asset Terhadap Return Saham. Journal of Management and Bussines (JOMB), 4(1), 578–593. https://doi.org/10.31539/jomb.v4i1.3713

Hidayat, W. W. (2018). Dasar-Dasar Analisa Laporan Keuangan (F. Fabri, Ed.). Uwais Inspirasi Indonesia.

Nabila, R. F. H., & Wahyuningtyas, E. tri. (2023). Analisis Kinerja Keuangan dan Sustainability Reporting terhadap Return Saham. AKUNESA: Jurnal Akuntansi Unesa, 11(2), 179–189. https://journal.unesa.ac.id/index.php/akunesa/179

Sifa Ikrima, A., & Asrori. (2020). Pengaruh Pengungkapan Corporate Social Responsibility Terhadap Return Saham Dengan Return On Asset Sebagai Variabel Moderating. Gorontalo Accounting Journal, 3(1), 1–15.

Tayana, N., & Arifin, A. Z. (2022). Pengetahuan Keuangan Terhadap Niat Investasi Saham Pada Generasi Milenial. Jurnal Manajerial Dan Kewirausahaan, 4(3), 796–805.

Widaryanti. (2022). Profitabilitas Dan Leverage Pengaruhnya Terhadap Return Saham Dengan Nilai Tukar Sebagai Variabel Moderasi. Riset, Ekonomi, Akuntansi Dan Perpajakan (Rekan), 3(1), 87–96. https://doi.org/10.30812/rekan.v3i1.1876




DOI: https://doi.org/10.35334/jek.v15i02.5324

Refbacks

  • There are currently no refbacks.


Copyright (c) 2024 Sri Rahayu

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Fakultas Ekonomi, Universitas Borneo Tarakan, Jl. Amal Lama No. 1 Tarakan. Kalimantan Utara.

Email: ekonomika@borneo.ac.id

Lisensi Creative Commons

Jurnal Ekonomika is licensed under Creative Commons Attribution-ShareAlike 4.0 International License

Cool Text: Logo and Graphics Generator