PENGARUH CURRENT RATIO, TOTAL ASSET TURNOVER, DEBT TO EQUITY RATIO, DAN WORKING CAPITAL TURNOVER TERHADAP RETURN SAHAM DENGAN RETURN ON ASSET SEBAGAI VARIABEL MODERATING PADA PERUSAHAAN LQ45

Abstract

This research aimed to analyze the effect of variable Current Ratio (CR), Total
Asset Turnover (TAT), Debt Equity Ratio (DER), and Working Capital Turnover
(WCT) with stock return, put the test and analyze is Return on Asset (ROA) moderate
effect on relations Current Ratio (CR), Total Asset Turnover (TAT), Debt Equity Ratio
(DER), and Working Capital Turnover (WCT) with Stock return in Company LQ45.
Population in this research as much 45 Company with 5 selected as sample of the
research during period 2009-2015 with multi-shapes sampling in a purposive. The data
is analyzed using multiple regression analysis and moderated regression anlysis. The
result of this research proving that : CR, TAT, DER, and WCT have no effect on stock
return, Return on Asset (ROA) have moderate Current Ratio (CR) on stock return, but
Return on Asset (ROA) have no moderate Total Asset Turnover (TAT), Debt Equity
Ratio (DER), and Working Capital Turnover (WCT) with stock return.
Keywords : Fundamental Ratio, Return on Asset, Stock Return