Relationship Between Profitability and Stock Return in Banking Industry

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Jati, Bintang Kusumo (2016) Relationship Between Profitability and Stock Return in Banking Industry. Undergraduate thesis, Sekolah Tinggi Manajemen IPMI.

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The purpose of this research (thesis) is to examine the effect of profitability ratio (return on asset, return on equity, net interest margin and operating efficiency) towards stock return of company in banking industry that is listed in Indonesia Stock Exchange (IDX), either partially or simultaneously. The objects of this research are banking companies enlisted in Indonesia Stock Exchange (IDX) from period 2010 until 2014. There are several criteria to select sample from Banking industry which is already done IPO since 2010, as a result out of 42 companies, 27 companies are chosen to be used in this research: PT Bank Rakyat Indonesia (BBRI), PT Bank Tabungan Pensiunan Negara (BTPN), PT Bank BRI Agro Niaga (AGRO), PT Bank Artha Graha (INPC), PT Bank Central Asia (BBCA), PT Bank MNC International (BABP), PT Bank Mandiri (BMRI), PT Bank Negara Indonesia (BBNI), PT Bank Jabar Banten (BJBR), PT Bank Victoria International (BVIC), PT Bank Pundi Indonesia (BEKS), PT Bank CIMB Niaga (BNGA), PT Bank Danamon (BDMN), PT Bank International Indonesia (BNII), PT Bank Permata (BNLI), PT Bank Tabungan Negara (BBTN), PT Bank Woori Saudara (SDRA), PT Bank Pan Indonesia (PNBN), PT Bank NISP OCBC (NISP), PT Bank Mega (MEGA), PT Bank Capital Indonesia (BACA), PT Bank Windu Kentjana International (MCOR), PT Bank Mayapada International (MAYA), PT Bank Kesawan (BKSW), PT Bank Bumi Atha (BNBA), PT Bank Nusantara Parahyangan (BBNP), PT Bank Bukopin (BBKP). The result of this research explain almost all the profitability ratio don’t have any significant effect towards stock return when regressed individually i.e. ROA of BMRI, BJBR, BEKS have marginally significance, ROE of BNII, BNLI, PNBN, BKSW have significance and BJBR, BEKS have marginally significance, NIM of BNGA, BBKP have a significance and BMRI, BEKS have marginally significance, BOPO of BJBR, BNII have significance and BMRI have marginally significance, while almost all the financial ratio don’t have significant effect when regressed simultaneously i.e. only BJBR and BEKS have significance and only BNGA have marginally significance

Item Type: Thesis (Undergraduate)
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HG Finance
Divisions: Thesis > Bachelor of Business Administration
Depositing User: Gandes Mranani
Date Deposited: 22 Jan 2020 04:08
Last Modified: 22 Jan 2020 04:08

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