JURNAL KEBANGSAAN
Vol 1, No 1 (2012): JURNAL KEBANGSAAN

PENGARUH INFLASI, SUKU BUNGA SBI, NILAI TUKAR RUPIAH TERHADAP USD, PROFITABILITAS, DAN PERTUMBUHAN AKTIVA TERHADAP HARGA SAHAM PERUSAHAAN PEMBIAYAAN DI BURSA EFEK INDONESIA

Iba, Zainuddin ( STIE KEBANGSAAN BIREUEN)
Wardhana, Aditya ( FE Universitas Nurtanio Bandung, Jawa Barat)



Article Info

Publish Date
01 Jan 2012

Abstract

This research aims at analyzing the influence of inflation rate, sertifikat bank Indonesia (SBI) rate, and currency exchange rate of Rupiah toward US Dollar, company’s profitability and company’s asset growth and their impact to financing company’s stock price partially and simultaneously. The inflation rate, sertifikat bank Indonesia (SBI) rate, and currency exchange rate of Rupiah toward US Dollar, company’s profitability and company’s asset growth as independent variables. Financing company’s stock price as dependent variables. The proposed hypotheses: The inflation rate, sertifikat bank Indonesia (SBI) rate, currency exchange rate of Rupiah toward US Dollar, company’s profitability and company’s asset growth have significance influences to the financing company’s stock price partially and simultaneously. The result of the research has evidenced that inflation rate, sertifikat bank Indonesia (SBI) rate, and currency exchange rate of Rupiah toward US Dollar, corporate’s profitability and asset growth are significantly related to the financing company’s stock price partially and simultaneously. The research methodology is a survey method by descriptive and verificative research. The data processing uses multiple regression models by SPSS statistical software. Population in this research are registered financing companies listed in Indonesia Stock Exchange (Bursa Efek Indonesia) from 31st March 2004 and still listed until 31st March 2011. The result of coefficient of correlation is 61,2% and it’s a strong relation between independent and dependent variables and 38,8% is the impact of other variables were not researched. Based on simultaneous hypotheses testing using F-test and partial hypotheses testing using t-test, it shows the significant impact between independent and dependent variables. From this result, there is main conclution that the company’s profitability and SBI rate have strong significant impact from the others to the financing company’s stock price.

Copyrights © 2012