PENGARUH RASIO PASAR DAN RASIO PROFITABILITAS TERHADAP RETURN SAHAM DI BURSA EFEK INDONESIA DAN BURSA MALAYSIA (STUDI PADA PERUSAHAAN MANUFAKTUR TAHUN 2016-2019)

Abstract

This research examines and empirically proves the Effect of Market Ratios and Profitability Ratios on Stock Returns on the Indonesia Stock Exchange and the Malaysia Stock Exchange. This research is included in causal research showing a causal relationship or a relationship that affects and affects between the variables studied. The population used in this study is all data on manufacturing companies in the industrial and consumption sectors included in the Indonesia Stock Exchange from all manufacturing companies in the industrial products & services sector on the Malaysian Stock Exchange for the 2016-2019 period. The sample used in this study using purposive sampling method, namely the technique of determining the sample with various considerations or certain criteria. The data analysis technique uses a quantitative approach, which is to analyze the measurement of economic phenomena which is a combination of economic theory (financial statement information). This research showed that there is no difference returns in stockon the Indonesia Stock Exchange and the Malaysia Stock Exchange in 2016 – 2019. This is because these two capital markets are well integrated, so that the pattern of increase or decrease in returns stockwill occur simultaneously or hamper together.