| dc.description.abstract | Estimation of systematic risk is one of the important aspects of the best investment decisions. Through systematic risk
prediction will be known risks to be faced by investors, because systematic risk is a measure of investment risk. In
addition to returns, investors always consider the risk of investment, because investors are rational individuals, ie individuals
who always
consider
the
trade-off
between return
and
risk. At
a certain
level of
return,
investors
will
tend to
choose
investments
with the
lowest
risk
level. Conversely,
at a certain level
of risk,
investors
tend to
choose
investments
with the
highest
return
rate.
The
purpose
of this
paper
is to analyze the influence of the financial
information
on
the
systematic
risk
of
stock
manufacturing
companies
listed on
the
Indonesia
Stock
Exchange
over
a period
of
five
years
from
January 2011
to December
2015.
The
financial
information
is
measured
in
four accounting
variables,
i.e.
financial
leverage, liquidity,
profitability,
and firm
size. The
results
of data
analysis using multiple
linear regression
method
to
prove that at the
0.05 level
only variable sized
companies
that
significantly
influence systematic
risk.
Meanwhile,
the
variable financial
leverage, liquidity,
and profitability
does not
affect
the
systematic
risk. The results
showed
inconsistencies
with
the results of several previous
studies.
This inconsistency
may
be
due to measurement
problems
variable accounting, the implementation
period
of the
study, and
the
use
of
different
research
samples. | en_US |
