FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN
Investor needed the information about financial performance in order to predict the price and return of stock. This study aims to find out the effect of financial leverage and liquidity on Good Corporate Governance (GCG) and return of stock in the manufacture companies listed in Indonesia Stock Exch...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Pasundan
2019-10-01
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| Series: | Jurnal Riset Akuntansi Kontemporer |
| Online Access: | https://journal.unpas.ac.id/index.php/jrak/article/view/3146 |
| _version_ | 1818108713810001920 |
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| author | Aditya Laika Chandra Ellen Rusliati |
| author_facet | Aditya Laika Chandra Ellen Rusliati |
| author_sort | Aditya Laika Chandra |
| collection | DOAJ |
| description | Investor needed the information about financial performance in order to predict the price and return of stock. This study aims to find out the effect of financial leverage and liquidity on Good Corporate Governance (GCG) and return of stock in the manufacture companies listed in Indonesia Stock Exchange during the period of 2013-2017. The method of descriptive and verifiative are used in this study by using 94 samples determined by purposive sampling technique. A secondary data is used and analyzed by using panel data regression model and moderated regression analysis. The result showed that simultenously, financial leverage and liquidity effected negatively and significantly to the return of stock. Partially, leverage effected negatively and significantly, as well as liquidity but insignificantly. The GCG is able to moderated a simultaneous effect of financial leverage and liquidity on return of stock to be positive, but insiginificatn. However, GCG effected positively and significantly. |
| first_indexed | 2024-12-11T02:19:44Z |
| format | Article |
| id | doaj.art-2d51e188cb4341ed9d4baf2c0b0507a9 |
| institution | Directory Open Access Journal |
| issn | 2088-5091 |
| language | English |
| last_indexed | 2024-12-11T02:19:44Z |
| publishDate | 2019-10-01 |
| publisher | Universitas Pasundan |
| record_format | Article |
| series | Jurnal Riset Akuntansi Kontemporer |
| spelling | doaj.art-2d51e188cb4341ed9d4baf2c0b0507a92022-12-22T01:24:05ZengUniversitas PasundanJurnal Riset Akuntansi Kontemporer2088-50912019-10-01112788710.23969/jrak.v11i2.31463146FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURNAditya Laika Chandra0Ellen Rusliati1Universitas PasundanUniversitas PasundanInvestor needed the information about financial performance in order to predict the price and return of stock. This study aims to find out the effect of financial leverage and liquidity on Good Corporate Governance (GCG) and return of stock in the manufacture companies listed in Indonesia Stock Exchange during the period of 2013-2017. The method of descriptive and verifiative are used in this study by using 94 samples determined by purposive sampling technique. A secondary data is used and analyzed by using panel data regression model and moderated regression analysis. The result showed that simultenously, financial leverage and liquidity effected negatively and significantly to the return of stock. Partially, leverage effected negatively and significantly, as well as liquidity but insignificantly. The GCG is able to moderated a simultaneous effect of financial leverage and liquidity on return of stock to be positive, but insiginificatn. However, GCG effected positively and significantly.https://journal.unpas.ac.id/index.php/jrak/article/view/3146 |
| spellingShingle | Aditya Laika Chandra Ellen Rusliati FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN Jurnal Riset Akuntansi Kontemporer |
| title | FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN |
| title_full | FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN |
| title_fullStr | FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN |
| title_full_unstemmed | FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN |
| title_short | FINANCIAL LEVERAGE AND LIQUIDITY ON GOOD CORPORATE GOVERNANCE AND STOCK RETURN |
| title_sort | financial leverage and liquidity on good corporate governance and stock return |
| url | https://journal.unpas.ac.id/index.php/jrak/article/view/3146 |
| work_keys_str_mv | AT adityalaikachandra financialleverageandliquidityongoodcorporategovernanceandstockreturn AT ellenrusliati financialleverageandliquidityongoodcorporategovernanceandstockreturn |