EFFECTS OF PROFITABILITY, LEVERAGE, AND COMPANY SIZEAGAINST RETURNSSTOCK(STUDY OF MANUFACTURING COMPANIES IN THE CONSUMER GOODS INDUSTRY SECTOR LISTED ON THE INDONESIA STOCK EXCHANGE IN THE 2014-2017 PERIOD)

Abstract

This study aims to determine whether profitability, leverage, and company size influence stock returns in the consumer goods manufacturing sector companies listedontheIndonesiaStockExchangefortheperiod2013-2017.Thefactorstested in this study are profitability, leverage, and firm size as independent variables, while stock returns as the dependent variable. The research method used in this research is the explanatory method. The population in this study is the consumer goods industry sector companies listed on the Indonesia Stock Exchange for the period of 2014-2017, totaling 50 companies. The sampling technique used in this study is non probability sampling with a purposive sampling method, so that the number of samples is 38 companies. While the data analysis used in this study is multiplelinearregressionanalysisatasignificancelevelof5%.Theprogramused
in analyzing data using Eviews 9. The results of the study partially show that profitability and leverage affect stock returns, while firm size does not affect stock returns.Themagnitudeoftheinfluenceofprofitability,leverage,andthesizeofthe company in contributing influence on stock returns by60.2%.