Inflasi dan Suku Bunga terhadap Return Saham Subsektor Perbankan Indeks KOMPAS100 2015 – 2019
Abstract
The consider pointed to decide & to demonstrate experimentally the impact of swelling & intrigued rate on the stock return of the keeping money subsector stock within the KOMPAS100 record. Analyst utilized control factors, to be specific PER & PBV. This sort of investigate classified as quantitative inquire about & utilizing auxiliary information. The populace in this study are stocks within the KOMPAS100 record 2015-2019 & utilized purposive testing strategy coming about 9 stocks of the keeping money subsector of KOMPAS100 list 2015-2019 as the test. The examination method utilized in this inquire about is numerous straight relapse. The comes about demonstrate that the expansion & intrigued rate factors at the same time impact stock return with PER & PBV as control factors. The expansion variable does not have a significant effect on stock returns. Intrigued rate variable incorporates a critical negative impact on stock returns. PER & PBV as control factors have no critical impact on stock return.
Keywords: Inflation; Interests; Stock Return; Indeks KOMPAS100.
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References
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Al-Abdallah, Shadi Yousef. (2017). Influence of Interest Rate , Exchange Rate & Inflation on Common Stock Returns of Amman Stock Exchange , Jordan. International Journal of Economics, Commerce & Management, 5, 589-601.
Al Oshaibat, Suleiman, & Ahmad Majali. (2016). The Relationship between Stock Returns & Each of Inflation, Interest Rates, Share Liquidity & Remittances of Workers in the Amman Stock Exchange. The Journal of Internet Banking & Commerce, 21(2).
Assagaf, Aminullah, Etty Murwaningsari, Juniati Gunawan, & Sekar Mayangsari. (2019). The Effect of Macro Economic Variables on Stock Return of Companies That Listed in Stock Exchange: Empirical Evidence from Indonesia. International Journal of Business & Management, 14(8) doi: 10.5539/ijbm.v14n8p108.
Balagobei, Saseela. (2017). Macroeconomic Variables & Stock Market Returns in Sri Lanka. Asian Journal of Finance & Accounting 9(2), 206. doi: 10.5296/ajfa.v9i2.11832.
Denziana, Angrita, Haninun, & Hepiana Patmarina. (2015). The International Multidisciplinary Conference on Social Sciences, 1, 73. doi: 10.1017/CBO9781107415324.004.
Dwialesi, Juanita, & Ni Darmayanti. (2016). Pengaruh Faktor-Faktor Fundamental Terhadap Return Saham Indeks KOMPAS100. E-Jurnal Manajemen Universitas Udayana, 5(9), 5369-5397.
Eldomiaty, Tarek, Yasmeen Saeed, Rasha Hammam, & Salma AboulSoud. (2019). The Associations between Stock Prices, Inflation Rates, Interest Rates Are Still Persistent: Empirical Evidence from Stock Duration Model. Journal of Economics, Finance & Administrative Science, 25(49), 149-162. doi: 10.1108/JEFAS-10-2018-0105.
Gusni, Gusni, & Suskim Riantani. (2017). Penggunaan Arbitrage Pricing Theory Untuk Menganalisis Return Saham Syariah. Jurnal Manajemen, 9(1), 68–84. doi: 10.31937/manajemen.v9i1.598.
Iqmal, Fariz Mohamad, & Ivan Gumilar Sambas Putra. (2020). Macroeconomic Factors & Influence on Stock Return That Impact the Corporate Values. International Journal of Finance & Banking Studies (2147-4486), 9(1), 68-75. doi: 10.20525/ijfbs.v9i1.667.
Jamaludin, Nurasyikin, Shahnaz Ismail, & Syamimi Ab Manaf. (2017). International Journal of Economics & Financial Issues Macroeconomic Variables & Stock Market Returns: Panel Analysis from Selected ASEAN Countries. International Journal of Economics & Financial Issues, 7(1), 37-45.
Kurniasari, Wulan, Adi Wiratno, & Muhammad Yusuf. (2018). Pengaruh Inflasi Dan Suku Bunga Terhadap Return Saham Dengan Profitabilitas Sebagai Variabel Intervening Di Perbankan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2015. Journal of Accounting Science, 2(1), 67-90. doi: 10.21070/jas.v2i1.1216.
Nofitasari, Oki, & Augustina Kurniasih. (2020). The Influences of Company’s Internal Factors & Macroeconomics against the Stock Return from the Construction, Property & Real Estate Sectors Registered on Indonesia Stock Exchange, 5, 129-139.
Novitasari, Ni Luh Gede. (2017). Pengaruh Corporate Governance Dan Faktor Fundamental Terhadap Return Saham Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. KRISNA: Kumpulan Riset Akuntansi, 9(1), 36-49.
Sangmi, Mohi. (2013). Macroeconomic Variables on Stock Market Interactions: The Indian Experience. IOSR Journal of Business & Management, 11(3), 15–28. doi: 10.9790/487X-01131528.
Saputra, I. S. D., & Wardoyo. (2019). Analysis of The Effect of Return on Assets, Earning per Share, Inflation Rate, & Interest Rate on Stock Return: A Case Study of SOE Banking Companies Listed in Indonesia Stock Exchange.. Russian Journal of Agricultural & Socio-Economic Sciences, 85(1), 24–34. doi: 10.18551/rjoas.2019-01.03.
Siregar, Citra Putri Septanti, Hermanto, & Hendro Sasongko. (2016). Analysis the Impact of Macroeconomic on Financial Performance & Stock Returns of State-Owned Banks in Indonesia Stock Exchange 2006-2016. International Journal of Science & Research, 5(12), 212-217. doi: 10.21275/ART20163351.
Suriyani, Ni Kadek, & Gede Mertha Sudiartha. (2018). Pengaruh Tingkat Suku Bunga, Inflasi dan Nilai Tukar terhadap Return Saham di Bursa Efek Indonesia. E-Jurnal Manajemen Universitas Udayana, 7(6). doi: 10.24843/EJMUNUD.2018.v07.i06.p12.
Wijayanti, Delia, & Sishadiyati. (2020). Analisis Suku Bunga, Kurs dan Inflasi terhadap Return Saham Blue Chip Sektor Perbankan. Jurnal Dinamika Ekonomi Pembangunan, 3(1), 276-281.
Wiradharma A, Made, & Luh Sudjarni. (2016). Pengaruh Tingkat Suku Bunga, Tingkat Inflasi, Nilai Kurs Rupiah dan Produk Domestik Bruto terhadap Return Saham. E-Jurnal Manajemen Universitas Udayana, 5(6).
Yunita, Y., & Robiyanto, R. (2018). The Influence Of Inflation Rate, Bi Rate, & Exchange Rate Changes To The Financial Sector Stock Price Index Return In The Indonesian Stock Market. Jurnal Manajemen dan Kewirausahaan, 20(2), 80-86. doi: 10.9744/jmk.20.2.80-86.
Yusfiarto, R. (2020). Micro Macro Economics Fundamental Factors & Indonesia Stock Exchange Return. EkBis: Jurnal Ekonomi dan Bisnis, 3(1), 221-231. doi: 10.14421/ekbis.2019.3.1.1183.
Zaini, Virza Ilham, Isfenti Sadalia, & Khaira Amalia Fachrudin. (2018). The Effect of External & Internal Factors on Stock Return with Price to Book Value as Moderation Variables in Banking Companies in Indonesia Stock Exchange. International Journal of Scientific & Technology Research, 7(9), 1-10.
Published
2021-06-26
How to Cite
NANNA SUGIYANTO, Fransiskus Xaverius; NAZAR, Shinta Ningtiyas; SYAFRIZAL, Kansas.
Inflasi dan Suku Bunga terhadap Return Saham Subsektor Perbankan Indeks KOMPAS100 2015 – 2019.
E-Jurnal Akuntansi, [S.l.], v. 31, n. 6, p. 1604-1614, june 2021.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/67320>. Date accessed: 04 dec. 2024.
doi: https://doi.org/10.24843/EJA.2021.v31.i06.p20.
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