The Effect Of Retained Earnings On Trading Volume Activity (TVA) With Return On Assets As A Moderation Variable

Pristin Prima Sari; Ardian Prima Putra; Risal Rinofah

doi:10.30651/blc.v20i2.17671

Authors

Pristin Prima Sari Universitas Sarjanawiyata Tamansiswa
Ardian Prima Putra Universitas Veteran Bangun Nusantara
Risal Rinofah Universitas Sarjanawiyata Tamansiswa

DOI:

https://doi.org/10.30651/blc.v20i2.17671

Keywords:

Return on Asset, retained earning, Trading Volume Activity.

Abstract

Trading Volume Activity (TVA) indicates the amount of stock trading volume in a company's stock market. Companies with good stock volume and financial performance can increase stock trading volume. The research aims to empirically examine the effect of retained earnings on Trading Volume Activity (TVA) with Return On Assets (ROA) as a moderating variable. The study uses data from the 2018-2020 financial statements of companies in the consumption and construction services sector listed on IDX and analyzed using moderation regression analysis. The results show that the variable retained earnings is simultaneously significant to Trading Volume Activity (TVA) with Return On Assets (ROA) as a moderating variable. Partially retained earnings can significantly influence Trading Volume Activity (TVA), while ROA can moderate the retained earnings variable on Trading Volume Activity (TVA). The research contributes that companies can increase the amount of retained earnings and increase ROA so that trading volume can be increased. The more companies trade, the value-added received will increase

Author Biographies

Pristin Prima Sari, Universitas Sarjanawiyata Tamansiswa

Program Studi Manajemen

Ardian Prima Putra, Universitas Veteran Bangun Nusantara

Program Studi Manajemen

Risal Rinofah, Universitas Sarjanawiyata Tamansiswa

Program Studi Manajemen

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