Analysis of Financial Perfomance Effect on Abnormal Stock Return in the Food and Beverage Companies Listed at Indonesia Stock Exchange

Investment decisions in stock exchange need a various informations, one of those which related to the condition of company that showed in financial statement for understanding the financial information. One of methods for knowing that the financial information may be useful in predicting the price or the share return is to make financial ratio analysis. Return used in this research was the abnormal return share, that is, a difference between the realization return and the expected return or the expectation return.The writer conducted this research at the food and beverage companies have been listed at Indonesian Stock Exchange. The method used in sample collection was the purposive sampling, while the data was secondary data involving financial statement data and company stock price. Data analysis used was multiple linear regression analysis for assessing the effect of earning per share, current ratio, debt to equity ratio, on the abnormal return share.From the analysis results it was resulted that the multiple linear regression model used was not fit due. Independent variable earning per share, current ratio, fixed assets turnover ratio had no effect on the abnormal stock return, only the debt to equity ratio variable has a significant effect on abnormal stock return.