pengaruh dividend payout ratio, return on asset dan earning variability terhadap beta saham studi pada saham syarian dan non syariah | ELECTRONIC THESES AND DISSERTATION

Electronic Theses and Dissertation

Universitas Syiah Kuala

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pengaruh dividend payout ratio, return on asset dan earning variability terhadap beta saham studi pada saham syarian dan non syariah


Pengarang

RAYHAN - Personal Name;

Dosen Pembimbing



Nomor Pokok Mahasiswa

0901103010131

Fakultas & Prodi

Fakultas Ekonomi dan Bisnis / Akuntansi (S1) / PDDIKTI : 62201

Penerbit

Banda Aceh : Fakultas Ekonomi., 2013

Bahasa

Indonesia

No Classification

332.6

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ABSTRACT



The purpose of this research is to examine and analyze the influence of the relationship dividend payout ratio, return on assets, and earnings variability to beta sharia stock and beta non-sharia stocks of listed non financial company at Indonesia Stock Exchange in 2009, 2010, and, 2011. By using purposive sampling method and a balanced panel of data, there are 78 companies that qualify as research samples.
Type of data used is secondary data which got from Capital Market Reference Center at Indonesian Stock Exchange. Analysis data conducted by using multiple linear regression analyzes and chowtest to examine differences influence of beta sharia stock and beta non-sharia stocks.
The results of this research shows that the dividend payout ratio, return on assets, and earnings variability simultaneously influance to beta sharia stock and non-sharia. Partially, that only dividend payout ratio has positive influence to beta sharia stocks, while return on assets and earnings variability have negative influence to beta sharia stocks. Then, for non-sharia stocks, that onlyearnings variability has positive influence to beta non-sharia stocksx, whiledividend payout ratio and return on assets have negative influence to beta non-sharia stocks. The result test by using chowtest shows that is a difference influence of independent variables to dependent variables in sharia stock and non-sharia stocks group.

Keywords: Beta sharia stock, beta non-sharia stocks, dividend payout ratio, return on assets and earnings variability.

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