The Anomaly Analysis of Size Effect Toward The Increasing Stock Return of Manufacturing company Registered in Indonesia Stock Exchange

Permatasari, Anita and Wawolangi, Jeanne A. (2019) The Anomaly Analysis of Size Effect Toward The Increasing Stock Return of Manufacturing company Registered in Indonesia Stock Exchange. Asian Journal of Management Sciences & Education, 8 (2). pp. 78-87. ISSN Online ISSN:2186-845X, Print ISSN:2186-8441

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Abstract

The study aims to analyse the anomaly of size effect toward increasing return stock on manufacturing company listed in Indonesian Stock Exchange. The data used in study is secondary data which is finance ratio of big scale manufacturing company enlisted in Indonesian stock exchange of 2013-2017, The study applies purpose sampling method. Based on the sample criteria, there are 25 chosen big scale manufacturing company as the object of study. The classification of samples follows the company's median enlisted on the study.The first result of study reveals that the stock price gives positive and significant impact toward the return stock on big scale Manufacturing Company. Secondly, the price to bookratio gives negative and significant impact toward the return stock of big scale Manufacturing Company. The third result shows that the debt to ratio equity does not impact the return stock in big scale Manufacturing Company.

Item Type: Article
Uncontrolled Keywords: stock price, price to book ratio, debt to equity ratio, return stock
Subjects: H Social Sciences > HG Finance
Divisions: Fakultas Ekonomi > Prodi Akuntansi
Depositing User: Anita Permatasari
Date Deposited: 11 Mar 2021 14:09
Last Modified: 26 Mar 2021 04:26
URI: http://repositori.ukdc.ac.id/id/eprint/631

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