PENGARUH FINANCIAL DISTRESS, UKURAN PERUSAHAAN DAN LIKUIDITAS TERHADAP RETURN SAHAM PADA PERUSAHAAN INDUSTRI PROPERTY DAN REAL ESTATE

Abstract

Stock returns are one of the company's activities in obtaining investment, the more investors who invest, the greater the profits the company obtains, the greater the return generated. The aim of this research is to determine the effect of financial distress, company size and liquidity on stock returns in property and real estate sector companies listed on the Indonesia Stock Exchange (BEI) for the 2020-2022 period. This research used purposive sampling and there were 78 financial reports from 26 companies used as research samples. The financial distress variable is measured using the Altman z-score method, the company size variable is measured by Ln (total assets), the liquidity variable is measured by the current ratio and the stock return variable is calculated by the closing stock price of the current year minus the closing stock price of the previous year divided by the closing stock price of the year. previously and the research method used multiple linear analysis. The research results showed that financial distress, company size and liquidity had a simultaneous effect on stock returns and partial research results showed that the financial distress variable had a positive effect on stock returns, the company size variable had a positive effect on stock returns and the liquidity variable had a positive effect on stock returns