PENGARUH VARIABEL MIKRO DAN MAKRO EKONOMI TERHADAP RETURN SAHAM
ABSTRACT: This study determine
the significant effect of CR, DER, ROE, TATO, EPS, interest rate, inflation
rate, and exchange rate to stock return.This research was conducted on food and
beverage sector companies in Indonesia Stock Exchange (IDX) period 2012-2016.
The type of data used is quantitative data sourced from the official website of
Indonesia Stock Exchange (IDX) and Bank Indonesia (BI). The number of samples
of 12 companies that meet the criteria of research by using purposive sampling
method. Data collection use non-participant observation method to document in
the form of company's annual financial statements, interest rate, inflation and
exchange rate during period 2012-2016. Data analysis technique used is multiple
linear regression analysis. Based on the analysis result found that CR and DER
have negative and insignificant effect to stock return, ROE have positive and
significant effect to stock return, TATO, EPS, and positive and insignificant
effect on stock return, inflation and exchange rate have negative and
significant effect against stock return.
Keywords: cr, der, roe, tato,
eps, interest rate, inflation, exchange rate, stock return
Penulis: Kadek Windi Andyani, I
Ketut Mustanda
Kode Jurnal: jpmanajemendd180094
