THE IMPACT OF FINANCIAL PERFORMANCE TOWARD MARKET CAPITALIZATION AND STOCK RETURN OF INSURANCE COMPANIES LISTED ON INDONESIA STOCK EXCHANGE PERIOD 2013 - 2017

Abstract

Purpose – The purpose of this research paper is to focus on findings the effect of the Current Ratio, Total Asset Turnover, Debt to Equity Ratio, Return on Investment toward Market Capitalization and Stock Return of insurance company listed on Indonesia Stock Exchange Period 2013-2017. Design/ Methodology/ Approach – The purposed Model in this research is SEM (Structural Equation Model) to examine the effect of the variables and use Indonesia Capital Market Directory (ICMD) as secondary data to collecting the data. Findings – The result tells that the stock return is positively affected by current ratio, debt to equity ratio, and market capitalization, meanwhile current ratio, total assets turnover, debt to equity ratio, return on investment also has positive relation with market capitalization Research Limitation - this research focusing on insurance companies that listed and publish financial statement on Indonesia Stock Exchange period 2013-2017.