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The influence of monetary performance on stock return in consumer goods industry: A case of Indonesian Stock Exchange

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Listed:
  • Windari Christy Nainggolan

    (Faculty of Business and Management, Widyatama University, Bandung, Indonesia)

  • Vincentia Wahju Widajatun

    (Faculty of Business and Management, Widyatama University, Bandung, Indonesia)

Abstract

The purpose of this research is to discover the monetary performance of stock return on the category of consumer goods industry company in 2015 -2018 periode using EPS (Earnings Per Share), ROE (Return On Equity), and DER (Debt to Equity Ratio) as its measurement tools. The method used in this research is causal method with consumer goods industry company sector as its research object. Purposive sampling was used as research sample extraction and as a result, 14 companies were determined as data sample. The data were analyzed using classic assumption test which consisted of normality test, multicollinearity test, and heteroscedasticity test, panel data and hypothetical test. From the result of the research it was determined that monetary performance projected in return on equity was significantly affected the stock return. As for the monetary performance projected in earning per share and debt to equity ratio, was partially insignificantto its effect on stock return. Both monetary performance projected in earning per share, return on equity and debt to equity ratio was significantly affected the stock return of consumer goods industry company in 2015 -2018.

Suggested Citation

  • Windari Christy Nainggolan & Vincentia Wahju Widajatun, 2020. "The influence of monetary performance on stock return in consumer goods industry: A case of Indonesian Stock Exchange," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 9(3), pages 39-50, July.
    • Handle: RePEc:rbs:ijfbss:v:9:y:2020:i:3:p:39-50
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    References listed on IDEAS

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    1. Rashmi Soni, 2017. "Designing a Portfolio Based On Risk and Return of Various Asset Classes," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(2), pages 142-149, February.
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