PENGARUH RASIO KEUANGAN, INFLASI DAN SUKU BUNGA TERHADAP RETURN SAHAM PERUSAHAAN MANUFAKTUR DI BEI

Studi kasus pada perusahaan manufaktur sektorfood and beverage yang terdaftar di BEI periode tahun 2008-2012

Abstract

The development of the capital market in Indonesia is very rapidly.
This is an indicator that the capital market is an alternative source of
funding in addition to banking, in addition to the growing capital markets
also showed that the confidence of investors will invest in Indonesia capital
market is quite good. The information required by the investors in the capital
markets is not only a fundamental information, but also information that is
technical in nature. The fundamental nature of the information obtained
from the financial reports of companies, and the technical nature of the
information obtained from outside companies such as inflation, interest rates
and other factors.
The samples of this research are company manufacturing food and
beverage sector in 2008-2012 by using 16 companies with purposive
sampling method. The results of the research with multiple linear regression
showed that the CR, DER, TAT, ROA, PER and interest rate do not have
effect on stock return. While inflation has a negative significant effect on
stock returns.