Pengaruh Kinerja Keuangan Dan Kondisi Pasar Modal Terhadap Return Saham

This research aims to determine the effect of financial performance and capital market conditions on stock returns in real estate and property companies listed on the Indonesia Stock Exchange in 2012-2017. Independent variables in this research are profitability ratios proxied by ROE, leverage ratios that are proxied by DER, liquidity ratios proxied by CR, activity ratios that are proxied by TATO and capital market conditions that are proxied by IHSG growth. This research was quantitative research. And samples were selected using purposive sampling and obtained as many as 77 companies. The analysis technique used is multiple linear regression. Based on the results of the test, indicated that the ratio of activity and capital market conditions partially has a significant positive effect on stock returns, when the liquidity ratio partially has a significant negative effect on stock returns and profitability ratios has not significantly influence for the stock returns. keyword: stock return, ROE, DER, CR, TATO, dan IHSG growth