THE EFFECT OF NON PERFORMING LOANS, OPERATING EXPENSE TO OPERATING INCOME, AND LOAN TO DEPOSIT RATIO ON STOCK RETURN AT CONVENTIONAL BANKS

  • Yusuf Iskandar STIKEN Jaya Negara Malang
Keywords: NPL, BOPO, LDR, stock return, bank

Abstract

This research is conducted to determine the effect of NPL, BOPO, and LDR on Stock Return of private banks and government banks as conventional banks in Indonesia. This research uses multiple linear regression analysis with three predictors. The results show that NPL and LDR have no significant effect on Stock Return, while BOPO has significant effect on Stock Return.

References

Anisma, Y. 2012. Faktor-Faktor yang Mempengaruhi Return Saham Perusahaan Perbankan yang Listing di Bursa Efek Indonesia (BEI). Jurnal Sosial Ekonomi Pembangunan, 2 (5): 144–165.

Ghozali, I. 2011. Aplikasi Analisis Multivariate Dengan Program IBM SPSS 19. Semarang: Badan Penerbit Universitas Diponegoro.

Haryetti. 2012. Analisis Pengaruh Kinerja Keuangan terhadap Harga Saham pada Perusahaan Perbankan yang Go Publik di Bursa Efek Indonesia. Jurnal Sosial Ekonomi Pembangunan, 3(7):88–102.

Kasmir. 2011. Perbankan Manajemen. Jakarta: Raja Grafindo Persada.

Khadaffi, M., & Syamni, G. 2011. Hubungan Rasio Camel dengan Return Saham pada Perusahaan Perbankan di Bursa Efek Indonesia. Jurnal Aplikasi Manajemen, 9(3): 910–918.
Published
2018-07-27
Section
Articles