Pengaruh Fundamental Keuangan Terhadap Return Saham Dimoderasi Good Corporation Governance (Studi Empiris Pada Perusahaan Sektor Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2019-2022)

Abstract

This research aims to examine the influence of financial fundamentals on stock returns, as well as the influence of GCG in moderating the influence of financial fundamentals on stock returns. This research uses a purposive sampling technique so that there are 63 samples from companies listed on the Indonesian stock exchange for the 2019-2022 period. The method used is associative and quantitative. The analysis technique used is linear regression analysis using the SPSS application.The research results show that: (a) ROA has an effect on stock returns which can cause investors' interest in investing so that it has an impact on stock returns; (b) DER has no effect on stock returns; (c) CR has no effect on stock returns because it cannot predict stock returns; (d) GCG does not moderate the effect of CR on stock returns because it does not increase stock returns; (e) GCG does not moderate the influence of ROA on stock returns because investors do not use GCG information in looking at profitability in stock returns; (f) GCG does not moderate DER because it does not succeed in increasing stock returns.