Sinarti (Politeknik Batam)
Ainun Na’im (Universitas Gadjah Mada)
[Jurnal Akuntansi Syariah - SNA 13]
The companies are registered in Jakarta Islamic Index from 2001-2006 with 122 observation. The data are collected by using purposive sampling method. The hypotheses are tested using multiple regression analysis and simple regression analysis. The result of the research shows that there is positive relationship between accounting-based performance measured using ROA and ROS with market-based performance measured using treynor measure. There is also negative relationship between financial leverage ratio and accounting-based performance measured using ROA, ROS, and EVA. The research cannot prove the hypotheses which says that there is negative relationship between financial leverage ratio and market-based performance.
Key Words: Accounting-Based Performance – Market-Based Performance – Financial Leverage Ratio.
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