scholarly journals PENGARUH KURS, GROSS DOMESTIC PRODUCT DAN SOLVABILITAS TERHADAP RETURN SAHAM INVESTOR PADA PERUSAHAAN PERTAMBANGAN

2019 ◽  
Vol 8 (10) ◽  
pp. 6262
Author(s):  
Martina Carissa Dewi ◽  
Luh Gede Sri Artini
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Exchange Rates ◽  
Stock Returns ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Domestic Product ◽  
Mining Company ◽  
Macroeconomic Factors ◽  
Regression Test

The level of return obtained by investors is influenced by microeconomic and macroeconomic factors. This study aims to obtain empirical evidence regarding the effect of exchange rates, Gross Domestic Product and solvency on stock returns. This research was conducted at the mining company in the coal sub-sector on the Indonesia Stock Exchange. All the coal mining sub-sector companies listed on the Stock Exchange for the period 2014-2017 used as the population. The method of determining the sample used is using a saturated sampling technique. Multiple linear regression test used as the data analysis on this research. Based on the results of the analysis of this study it was found that the exchange rate and GDP had a negative and significant effect on stock returns. The solvency proxied by DER has a positive and significant effect on stock returns. Keywords: Exchange Rate, Gross Domestic Product, Solvability and Return.

scholarly journals PENGARUH INFLASI, SUKU BUNGA, NILAI TUKAR, DAN PRODUK DOMESTIK BRUTO TERHADAP NILAI PERUSAHAAN

2019 ◽  
Vol 8 (2) ◽  
pp. 75
Author(s):  
Umi Dewi Sartika ◽  
Sa’adah Siddik ◽  
Choiriyah Choiriyah
Keyword(s):  
Gross Domestic Product ◽  
Exchange Rates ◽  
Interest Rates ◽  
Stock Exchange ◽  
Positive Influence ◽  
Domestic Product ◽  
Manufacturing Companies ◽  
The Third ◽  
Negative Effect ◽  
Garment Manufacturing

The problem of this study is whether there is the influence of inflation, interest rates, exchange rates and gross domestic product on the value of the company in the textile and garment sub-sector manufacturing companies listed on the Indonesia Stock Exchange. The results of the study concluded, first, inflation has a negative effect, it states that inflation is inversely related to the value of the company with inflation. Second, interest rates, exchange rates and gross domestic product have a positive influence on the value of the company. The third is an increase in the value of the company, so there is also an increase in interest rates, exchange rates and gross domestic product, and vice versa. Third, inflation, interest rates, exchange rates, and gross domestic product partially influence the value of the company in the textile and garment sub-sector manufacturing companies listed on the Indonesia Stock Exchange for the period 2012-2017 simultaneously and have a positive and significant effect on the value of companies in manufacturing companies. Textiles and Garments Registered on the Indonesia Stock Exchange. Fourth, inflation, interest rates, exchange rates, and gross domestic product jointly affect the value of the company in the Textile Subsector and Garment Manufacturing Companies Listed on the Indonesia Stock Exchange.

scholarly journals What Most Influence on Non-Performing Loan in Indonesia? Bank Accounting Perspective with Mars Analysis

2020 ◽  
Vol 3 (2) ◽  
pp. 136-153
Author(s):  
Nanang Shonhadji
Keyword(s):  
Gross Domestic Product ◽  
Exchange Rates ◽  
Interest Rates ◽  
Capital Adequacy ◽  
Operating Costs ◽  
Domestic Product ◽  
Credit Growth ◽  
Operating Income ◽  
Capital Adequacy Ratio ◽  
Private Banks

The research objective is to examine factors that affect non-performing loans at conventional private banks in Indonesia. These factors include growth in gross domestic product, interest rates, currency exchange rates, exports, credit growth, inflation, return on asset, operating costs to operating income, and the capital adequacy ratio. The sample used in this study was conventional private banks listed on the Indonesia Stock Exchange 2014-2019. Data analysis techniques using Multivariate adaptive regression spline (MARS). The study results inform an influence between the predictor variables and the response variables based on functions in the model. The variables that affect non-performing loans are credit growth, exchange rates, inflation, capital adequacy ratio, return on asset, operating costs to operating income, and interest rates. In contrast, gross domestic product growth and export growth in this study do not affect non-performing loans in conventional private banks. The MARS model has informed that the most influential variable on non-performing loans is credit growth. Banking authorities need to control lending by applying credit risk management and regulating the quality of credit loans to contribute to the results in this study.

Analisis Dampak Kurs Mata Uang Inflasi dan Pertumbuhan Ekonomi terhadap Return Saham: Studi pada Ferusahaan Multinasional di Bursa Efek Jakarta

2006 ◽  
Vol 1 (2) ◽  
pp. 167
Author(s):  
Chalasina Violend Tiven ◽  
Elok Pakaryaningsih
Keyword(s):  
Gross Domestic Product ◽  
Exchange Rates ◽  
Stock Returns ◽  
Multinational Corporations ◽  
Stock Price ◽  
Foreign Currency ◽  
Abnormal Returns ◽  
Domestic Product ◽  
Currency Exchange ◽  
Negative Effect

The main objective of this study is to provide empirical evidence of the effect of macro economic factors on stock return. Moreover, this study is focused on multinational corporations due to their specific characteristics which are constantly reluctant to macro economic fuctors, especially foreign currency changes. This reluctantly, therefore triggered stock price changes.The sample is taken using non-probability random sampling in year 2000-2044 and resulted on 3 5 companies which are consistent with sample criteria. Subsequently, the data were analyzed using pooled least squares regression.The independent variables for the model are inflation, gross domestic product and currency exchange rates, whilst the dependent variqble for the model is daily abnormal returns which ore occumulated during a year (CAR). The resultof this study shows positive ffict of inflation on stock returns and negative effect of domestic product on stock returns. On the contrary, exchange rates failed to demonstrate its effect on stock returns.Key words: inflation, gross domestic product, exchange rotes and stock returns

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