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Pengaruh Foreign Direct Investment Terhadap Stabilitas Nilai Tukar Rupiah dalam Pertumbuhan Perekonomian di Indonesia Julia Ameliani; Irvan Yoga Pardistya; Liya Megawati
Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis Vol. 6 No. 1 (2026): Maret : Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jaemb.v6i1.8912

Abstract

This study aims to examine the relationship between Foreign Direct Investment (FDI) and the stability of the Indonesian rupiah exchange rate within the broader context of Indonesia’s economic environment. Given the strategic role of FDI in stimulating economic activity, fluctuations in foreign investment inflows are often accompanied by changes in the exchange rate, which in turn affect monetary stability. The research employs a quantitative approach using simple linear regression, supported by secondary data from 2019-2024 obtained from official institutions and relevant scholarly sources. The results indicate that FDI has a significant influence on the rupiah exchange rate, as evidenced by highly significant values in both t-test and F-test. Although the data distribution is not fully normal, the consistency of the statistical findings reinforces the interpretation that FDI contributes to movements in the exchange rate. Therefore, this study concludes that increasing foreign investment not only enhances economic capacity but also plays a role in shaping the medium-term stability of the Indonesian rupiah.
Pengaruh Inflasi dan Suku Bunga Terhadap Return Saham PT Bank Central Asia (BCA) Periode (2020-2024) Anggraeni Eka Kusuma Wardani; Suhono Suhono; Irvan Yoga Pardistya
Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis Vol. 6 No. 2 (2026): Juli : Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jaemb.v6i2.9285

Abstract

This study aims to examine the influence of inflation and interest rates on the stock returns of PT Bank Central Asia Tbk (BCA) during the period 2020–2024. This research employs secondary data with a total of 60 observations, obtained from official sources, including Bank Indonesia, the Central Bureau of Statistics, and Yahoo Finance. The analytical methods used in this study include descriptive analysis, classical assumption tests, and multiple linear regression to evaluate both partial and simultaneous effects. The results indicate that inflation has no significant effect on BCA’s stock returns, as evidenced by a significance value of 0.374 (> 0.05). Similarly, interest rates also show no significant effect on stock returns, with a significance value of 0.302 (> 0.05). Simultaneously, inflation and interest rates do not have a significant influence on stock returns, as reflected by an F-test significance value of 0.441 (> 0.05). These findings suggest that fluctuations in inflation and interest rates during the study period are unable to explain variations in BCA’s stock returns. Overall, BCA’s stock return movements are more strongly influenced by internal company factors, fundamental stability, and market sentiment rather than macroeconomic variables such as inflation and interest rates. This study highlights the importance of strong financial performance and corporate reputation in maintaining stock return stability amid economic fluctuations.