Pengaruh Total Asset Turnover, Earnings Per Share, Return on Asset, dan Environmental Performance Terhadap Stock Return pada Sub Sektor Perusahaan Food and Beverage yang Terdaftar di BEI Periode 2019-2023

Abstract

This study aims to determine the effect of Total Asset Turnover, Earnings Per Share, Return On Asset, and Environmental Performance on Stock Return in the food and beverage company sub-sector listed on the IDX for the 2019-2023 period. This research is associative research with a causal relationship and the type of data used is secondary data. The population of this study were all food and beverage companies listed on the IDX for the 2019-2023 period, totaling 95 companies. The sample in this study amounted to 28 companies. The sampling technique in this study used purposive sampling technique and the data analysis technique used in this study was descriptive analysis and panel data regression. The results of this study indicate that simultaneously, Total Asset Turnover, Earnings Per Share, Return On Asset, and Environmental Performance, simultaneously, have a significant effect on Stock Return in food and beverage companies on the IDX for the 2019-2023 period. Partially, the Total Asset Turnover variable has a positive and insignificant effect on Stock Return, the Earnings Per Share variable has a negative and significant effect on Stock Return , the Return On Asset variable has a positive and insignificant effect on Stock Return, and the Environmental Performance variable has a positive and significant effect on Stock Return in food and beverage companies listed on the IDX.