The Effect of Earning Per Shere and Exchange for Profitability and its Impact on Return of Food and Beverage Companies Listed on BEI (Indonesia Stock Exchange)
Rina Ani Sapariyah1, Achmad Choerudin2, Ridwan Wahyudi3
1Rina Ani Sapariyah, Department of Economics and Business, University of Muhammadiyah, Surakarta, Indonesia.
2Dr. Achmad Choerudin, Department of Economics and Business, University of Sebelas Maret, Surakarta, Central Java, Indonesia.
3Ridwan Wahyudi, Magister Management Degrees, STIE AUB Surakarta, Central Java, Indonesia.
Manuscript received on March 12, 2020. | Revised Manuscript received on March 25, 2020. | Manuscript published on March 30, 2020. | PP: 3025-3033 | Volume-8 Issue-6, March 2020. | Retrieval Number: E6795018520/2020©BEIESP | DOI: 10.35940/ijrte.E6795.038620
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This study aims to provide empirical evidence of the significance of income per shere and foreign exchange rates on profitability and its effect on the return of shares of food and beverage companies listed on the IDX. The population in this study were 21 Food and Beverage companies listed on the Indonesia Stock Exchange for the period 2015-2017. This population is obtained based on data from www.idx.co.id. Samples were taken using a purposive sampling method. In accordance with the sample selection criteria, it was determined that 13 Food and Beverage companies would publish complete financial statements. This study uses multiple linear regression and path analysis (path analysis) to analyze data with the help of the SPSS program. This research produces results that produce positive and significant profits on Return On Assets and Stock Return. The total value of R squared is 0.608 variable Variable Return Value is related to Per Shere Income, Foreign Exchange with On Return Return as a moderating variable of 60.8% and 39.2%. , valuation, size of company and others. Income per Shere is the most dominant of the Returns of Shares that are generated by having the largest regression coefficient (0.330). More than other lines.
Keywords: Earning Per Sher, Foreign Exchange Rates, Profitability, Stock Returns, Food And Beverage Companies.
Scope of the Article: Algorithm Engineering.