Universitas Islam Bandung Repository

The Influence of US Dollar Currency and SBI Interest on The Stock Returns (An Empirical Study on LQ 45 Company listed in Indonesia Stock Exchange)

Show simple item record

dc.contributor
dc.contributor
dc.creator Oktavian, Ahmad Fauzi
dc.creator Nurhayati, Nurhayati
dc.creator Nurcholisah, Kania
dc.date 2016-02-19
dc.date.accessioned 2019-09-12T07:04:35Z
dc.date.available 2019-09-12T07:04:35Z
dc.identifier http://karyailmiah.unisba.ac.id/index.php/akuntansi/article/view/2710
dc.identifier.uri http://hdl.handle.net/123456789/24418
dc.description Macro economic indicators have a great effect on stock returns. The influence of these indicators can be positive or negative. Various research suggest that macro economic indicators such as changes in exchange rates and interest rates positive and negative give impact on stock returns. This study aims to determine the influence of macro economic factors such as exchange rates and interest rates on stock returns of the LQ-45 in 2010-2014 using Simple Regression Analysis and Multiple Regression Analysis. Samples done by using purposive sampling method of LQ-45 h are as many as 21 issuers. The findings show that the exchange rate indicates significant positive effect on stock returns LQ45. Interest rates significantly gives a negative effect on stock returns LQ45. The magnitude of the effect of exchange rate and interest rates on stock returns is 14.3%, which means there are many other factors that also may affect stock returns such as internal factors, inflation and others.
dc.description Indikator ekonomi makro sangat besar pengaruhnya terhadap return saham. Pengaruh indikator tersebut, dapat positif maupun negatif. Berbagai penelitian yang ada menunjukkan bahwa indikator ekonomi makro seperti perubahan nilai tukar dan tingkat suku bunga berpengaruh positif maupun negatif terhadap return saham. Penelitian ini bertujuan untuk mengetahui pengaruh faktor ekonomi makro seperti nilai tukar dan tingkat suku bunga terhadap return saham dari saham LQ-45 pada periode 2010-2014 dengan menggunakan metode Analisis Regresi Sederhana dan Analisis regresi Berganda. Pengambilan  sampel dilakukan dengan menggunakan  metode purposive sampling dari saham LQ-45 yaitu sebanyak 21 emiten. Hasil temuan menunjukkan bahwa nilai tukar mata uang berpengaruh positif dan signifikan terhadap return saham perusahaan LQ45. Tingkat suku bunga berpengaruh negatif dan signifikan terhadap return saham perusahaan LQ45. Besarnya pengaruh nilai tukar dan tingkat suku bunga terhadap return saham sebesar 14,3% yang berarti masih banyak faktor lain yang juga dapat mempengaruhi return saham seperti faktor internal perusahaan, inflasi dan lain-lain.
dc.format application/pdf
dc.language ind
dc.publisher Universitas Islam Bandung
dc.relation http://karyailmiah.unisba.ac.id/index.php/akuntansi/article/view/2710/pdf
dc.source Prosiding Akuntansi; Vol 2, No 1, Prosiding Akuntansi (Februari, 2016); 17-26
dc.source Prosiding Akuntansi; Vol 2, No 1, Prosiding Akuntansi (Februari, 2016); 17-26
dc.source 2460-6561
dc.subject Proceedings of Accounting
dc.subject value of exchange rates, interest rates and stock returns
dc.subject Prosiding Akuntansi
dc.subject Nilai kurs, tingkat suku bunga dan return saham
dc.title The Influence of US Dollar Currency and SBI Interest on The Stock Returns (An Empirical Study on LQ 45 Company listed in Indonesia Stock Exchange)
dc.title Pengaruh Kurs Dollar US dan Tingkat Suku Bunga SBI terhadap Return Saham (Studi Empiris pada Perusahaan LQ 45 yang Terdaftar di Bursa Efek Indonesia Tahun 2010-2014)
dc.type info:eu-repo/semantics/article
dc.type info:eu-repo/semantics/publishedVersion
dc.type Peer-reviewed Article
dc.type quantitative
dc.type Kuantitatif


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

Search Unisba Repository


Advanced Search

Browse

My Account