This research aimed to find out the effect of insider ownership, debt policy, dividend
payment policy and profitability partially and simultaneously on stock return on the
manufacture companies registered in BEI in 2010-2012
The data of this research was from audited financial report and annually financial report
gained from www.idx.co.id. The sample of this research was the manufacture companies
registered in BEI in 2010-2012, the sampling method was purposive sampling with 17
companies in 2012-2012. The analysis technique was by double linier regression.
The result of this research showed that simultaneously, insider ownership, debt
policy and dividend payment policy affected significantly on stock return. Partially, only 1
independent variable that was profitability that affected positively significant to the stock
return, while insider ownership had a negative significant effect, and partially, debt policy
and dividend payment did not affect on stock return.
The researcher suggested that the investor of insider ownership variable and
profitability could be applied to explain stock return of the manufacture companies then this
ratio could be the investor’s consideration in analyzing the company’s performance that
influence the stock return rise.