DAFTAR ISI

HALAMAN SAMPUL DEPAN

HALAMAN JUDUL...............................................................................................i
HALAMAN PERSETUJUAN..............................................................................ii
HALAMAN PENGESAHAN...............................................................................iii
DAFTAR ISI........................................................................................................civ
DAFTAR TABEL................................................................................................vii
DAFTAR GAMBAR...........................................................................................viii
BAB III PENDAHULUAN
1.1 Latar Belakang .................................................................................1
1.2 Rumusan Masalah ............................................................................9
1.3 Tujuan Penelitian .............................................................................9
1.4 Manfaat Penelitian ...........................................................................9
1.5 Batasan Penelitian ..........................................................................10
BAB III KAJIAN PUSTAKA
2.1 Hasil-hasil Penelitian Terdahulu ....................................................11
2.2 Kajian Teoritis ................................................................................24
2.2.1 Pasar Modal ..........................................................................24
2.2.1.1 Pengertian pasar modal ..................................................24
2.2.1.2 Manfaat pasar modal ......................................................26
2.2.2 Laporan Keuangan ...............................................................26
2.2.2.1 Pengertian laporan keuangan .........................................26
2.2.2.2 Tujuan laporan keuangan ...............................................27
2.2.3 Rasio Keuangan .a.................................................................27
2.2.3.1 Pengertian rasio keuangan ..............................................27
2.2.3.2 Tujuan dan manfaat rasio keuangan ...............................28
2.2.4 Rasio Leverage .....................................................................29
2.2.4.1 Pengertian rasio leverage ...............................................29
2.2.4.2 Manfaat rasio leverage ...................................................30

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 2.2.4.3 Jenis-jenis rasio leverage ....a..........................................31
2.2.5 Teori Sinyal (Signaling Theory) ...........................................32
2.2.6 Inflasi ....................................................................................32
2.2.6.1 Pengertian inflasi ............................................................32
2.2.6.2 Jenis-jenis inflasi ............................................................34
2.2.7 Return Saham .......................................................................35
2.2.7.1 Pengertian return saham ...............c................................35
2.2.7.2 Jenis-jenis return saham .................................................37
2.2.7.3 Faktor-faktor yang mempengaruhi return saham .......a..37
2.3 Kerangka Konseptual .....................................................................38
2.4 Hipotesis Penelitian ........................................................................39
2.4.1 Pengaruh Debt to Assets Ratio (DAR) terhadap Return
Saham ...................................................................................39
2.4.2 Pengaruh Debt to Equity Ratio (DER) terhadap Return
Saham ...................................................................................40
2.4.3 Pengaruh Times Interest Earned Ratio (TIER) terhadap
Return Saham .......................................................................41
2.4.4 Pengaruh Debt to Assets Ratio (DAR), Debt to Equity
Ratio (DER), dan Times Interest Earned Ratio (TIER)
Terhadap Return Saham .......................................................41
2.4.5 Inflasi Sebagai Variabel Moderasi Rasio Leverage terhadap
Return Saham .......................................................................42
BAB III METODE PENELITIAN
3.1 Jenis Penelitian ...............................................................................43
3.2 Lokasi Penelitian ............................................................................43
3.3 Populasi dan Sampel ......................................................................43
3.4 Teknik Pengambilan Sampel ..........................................................45
3.5 Data dan Jenis Data ........................................................................46
3.6 Teknik Pengumpulan Data .............................................................46
3.7 Defenisi Operasinal Variabel .........................................................47
3.7.1 Variabel Dependen (Y) ........................................................47

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 3.7.2 Variabel Independen (X) ......................................................47
3.7.2.1 Debt to assets ratio (DAR) ............................................47
3.7.2.2 Debt to equity ratio (DER) .............................................48
3.7.2.3 Times interest earned ratio (TIER) ................................48
3.7.3 Variabel Moderasi (Z) ..........................................................48
3.8 Analisis Data ..................................................................................50
3.8.1 Pengujian Asumsi Klasik .....................................................50
3.8.1.1 Uji Normalisasi Data .....................................................50
3.8.1.2 Uji Multikolinearitas ......................................................50
3.8.1.3 Uji Autokorelasi .............................................................51
3.8.1.4 Uji Heterokedesitas ........................................................51
3.8.2 Uji Hipotesis .........................................................................52
3.8.2.1 Analisis Regresi Berganda .............................................52
3.8.2.2 Uji Partial (Uji - T) .........................................................52
3.8.2.3 Uji Simultan (F - Test) ...................................................53
3.8.2.4 Koefisien Determinasi (R2) ............................................53
3.8.3 Uji Moderated Regression Analysis (MRA) ........................54
DAFTAR PUSTAKA .........................................................................................56

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 DAFTAR TABEL

Tabel 1.1 Rasio DAR Industri Makanan dan Minuman yang Terdaftar di BEI
Tahun 2013-2018 ....................................................................................4
Tabel 2.1 Penelitian Terdahulu ............................................................................s17
Tabel 2.2 Persamaan dan Perbedaan Penelitian dengan Penelitian Terdahulu .....24
Tabel 3.1 Daftar Populasi ......................................................................................44
Tabel 3.2 Daftar Sampel ......................................................................................c44
Tabel 3.3 Daftar Kriteria Sampel ..........................................................................45
Tabel 3.4 Defenisi Operasional Variabel ..............................................................49

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 DAFTAR GAMBAR

Gambar 1.1 Rata-rata DAR Industri Makanan dan Minuman yang Terdaftar di
BEI Tahun 2013-2018 .........................................................................5
Gambar 1.2 Pertumbuhan Industri Makanan dan Minuman Tahun 2011-2017 c....6
Gambar 2.1 Kerangka Konseptual .......................................................................s39

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