Detail Cantuman

ABSTRACT
ABSTRACT MUHAMMAD AL GAZHALI KAMARUDDIN (2019). Effects of Debt
Policy and Investment Decisions on Stock Returns on Manufacturing companies
listed on the Indonesia Stock Exchange (BEI) (guided by H. A. Mansyur Tanra and
Hj. Chaerunnisa Rumianti).
This study aims to examine and analyze the influence of debt policy and
investment decisions on stock returns in food and beverage sub-sector
manufacturing companies listed on the Indonesia Stock Exchange (IDX). Data
collection uses secondary data obtained from financial statements and summary
performance of listed companies using purposive sampling technique. The
population is 18 companies, while the samples taken are 14 companies. This
sample has been tested by classical assumptions in the form of normality
assumptions, multicollinearity assumptions and assumptions of heterocedasticity.
Data analysis method uses multiple regression techniques.
The results showed that the proposed hypothesis was rejected because
it showed the results of a negative and non-significant hypothesis test. This means
that debt policy and investment decisions have a negative and not significant effect
on stock returns.
Keywords: Debt Policy, Investment Decision and Retun Shares.