Binus Business Review
Vol 4, No 1 (2013): Binus Business Review

Analisis Pengaruh Variabel-variabel Ekonomi Makro terhadap Return Saham

Sunaryo, Sunaryo (Unknown)



Article Info

Publish Date
31 May 2013

Abstract

The primary objective of this research is to learn the effecting inflation, interest rate of Indonesian bank certificate, changes of exchange rate, and changes of outstanding money amounts variables with changes of the return Jakarta composite index. Secondary data were collected from Jakarta composite Index, annual Indonesian bank report, Jakarta daily newspaper, and preceding research by using judgment sampling until it got normal distribution data with Kolmogorov-Smirnov test. The results of this research described that inflation, Interest Rate of Indonesian Bank Certificate, and changes of outstanding money variables have not significant effect to the changes of return Jakarta composite index; and changes of exchange rate have significant effect to the changes return of Jakarta composite index. Inflation, interest rate of Indonesian bank certificate, changes of exchange rate, and changes of outstanding money amounts variables have simultaneous significant effect to thechanges return of Jakarta composite index. Topic of this research may continue using other countries or added more than 75.20 % of independence variables.

Copyrights © 2013






Journal Info

Abbrev

BBR

Publisher

Subject

Economics, Econometrics & Finance

Description

Binus Business Review is an international journal published in March, July, and November hosted by the Research and Technology Transfer Office (LPPM) of Universitas Bina Nusantara. The journal contents are managed by the Binus Business School, Faculty of Economics and Communications, and Forum ...