The Influence of Loan to Deposit Ratio, Capital Adequacy Ratio, and Return on Equity toward Stock Return in Government-Owned Conventional Banking Company (BUMN) That Registered in Indonesia Stock Exchange Period of 2010-2017

Abstract

The study aims to determine how much influence the Loan to Deposit Ratio, Capital Adequacy Ratio, and Return On Equity have on stock returns of conventional government-owned banks (SOEs) listed on the Indonesia Stock Exchange (BEI) for the period 2010-2017. The data used uses secondary data sourced from conventional domestic banking financial reports that are on the Indonesia Stock Exchange from 2010 to 2017. The analytical method used in this study is multiple linear regression. This research is classified as associative research. The population in this study are all conventional domestic banking sub-sector companies on the Indonesia Stock Exchange. The simultaneous test results (f test) of this study indicate that the ratio of LDR, CAR and ROE has an effect on stock returns in conventional domestic banking companies. the results of the partial test (t test) show that the LDR ratio has a significant negative effect on stock returns, CAR has a significant positive effect on stock returns, whereas ROE does not have a significant effect on stock returns.