Pengaruh Dividend Payout Ratio, Cash Turnover, Debt To Asset Ratio, Firm Size, dan Return On Investment Terhadap Risiko Investasi Saham pada Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2020

Abstract

This study aims to determine “The Effect of Dividend Payout Ratio, Cash Turnover, Debt to Asset Ratio, Firm Size, and Return On Investment on Stock Investment Risk in Consumer Goods Industrial Sector Companies Listed on theIndonesia Stock Exchange from 2017-2020.” The type of this research is causal research. The type of data in this study is secondary data. The populations in this study were 56 Consumer Goods Industrial Sector Companies Listed on the Indonesia Stock Exchange in 2017-2020. The study used the purposive sampling method in sample selection. The result, from 56 Consumer Goods Industrial Sector Companies Listed on the Indonesia Stock Exchange from 2017-2020, there are only 16 companies that fulfilled the criteria. So, within 4 years, resulting in 64 data observations. The analysis used the Multiple Linear Regression Analysis by using IBM SPSS 25 software. The result of this study are Dividend Payout Ratio and Cash Turnover partially have a positive and significant effect on Stock Investment Risk. Return On Investment partially has a negative and significant effect on Stock Investment Risk. Whereas, Debt to Asset Ratio and Firm Size partially does not affect on Stock Investment Risk. Other results such as Dividend Payout Ratio, Cash Turnover, Debt to Asset Ratio, Firm Size, and Return On Investment simultaneously have a significant effect on Stock Investment Risk in Consumer Goods Industrial Sector Companies Listed on the Indonesia Stock Exchange in 2017-2020.