Pengaruh Likuiditas Dan Risiko Sistematis Terhadap Return Saham Pada Perusahaan Yang Terdaftar Di Bei

Abstract

This research aims to identify the effect of liquidity and systematic risk on stock returns in companies listed on the Indonesia Stock Exchange in 2015-2019. The population used is all companies listed on the Indonesia Stock Exchange from 2015 to 2019. The sampling method is carried out by using purposive sampling method with a sample of 134 companies. The analytical method used is panel data regression analysis with the help of the E Views 8 application. The independent variables used in this research are liquidity and systematic risk, while the dependent variable is stock returns. The research results show that liquidity has no significant effect on stock returns, while systematic risk has a positive and significant effect on stock returns

The effect of market risk on returns: Case of banking in Indonesia

“…Under these findings, this study cannot reject the hypothesis that market return has significant effect on stock return. Empirically, both results for BBNI and BBRI are consistent with the findings of Budiarso and Pontoh (2019), Rahmawati andSukmaningrum (2020), andRahmi (2021).…”

The CPO's returns and multi-events in Indonesia

“…positive relationship with MR so Ha is accepted. On those findings, this study is consistent with the findings of Budiarso andPontoh (2019), Suwito (2020), Azhari et al (2020), Rahmi (2022), Modeong et al (2022), andMallisa et al (2022). The final procedure is to check whether there is a difference between the event periods of R and β.…”

“…Azhari et al (2020) also report that the relationship between market returns and stock returns can be reflected by the positive and significant impact of each beta security. Rahmi (2022) finds that in the period 2015 to 2019, systematic risk has a significant positive impact on returns of the most firms. Consistently, Modeong et al (2022) find that there is positive relationship for risk-return especially for owned-state bank during COVID-19 pandemic.…”

Risiko sistematis emiten pangan dalam isu krisis pangan

“…Secara alternatif, GZCO merupakan aset yang memiliki β dan R relatif tinggi sehingga memberikan kinerja pengembalian yang paling optimal sesuai analisis TR. Temuan-temuan dari riset ini konsisten dengan bukti-bukti dari Lestari dan Erdiana (2021), Sunaryo (2021), Adicandra et al (2022), Rahmi (2022), Kuada dan Mamonto (2023), Budiarso dan Pontoh (2023), Liwe (2023), dan Sartika (2023). Temuan-temuan ini mengimplikasikan bahwa risiko sistematis memiliki hubungan relatif dengan tingkat pengembalian terkait fenomena kejadian ekonomi yang terjadi dalam sebuah periode tertentu.…”