Nurqoidah, Yusita (2010) Analisis Pengaruh Variabel Fundamental dan Variabel Makroekonomi terhadap Eksposur Ekonomi (Studi Perusahaan Tekstil yang Terdaftar di Bursa Efek Indonesia). Magister thesis, Universitas Brawijaya.
Abstract
Penelitian ini bertujuan untuk mengetahui dengan membaiknya variabel fundamental yaitu export ratio, quick ratio, market to book, dan debt to equity ratio serta variabel makroekonomi yaitu tingkat inflasi dan tingkat suku bunga secara bersama-sama dan parsial dapat memperbaiki eksposur ekonomi. Penelitian ini juga bertujuan untuk mengetahui bahwa tingkat inflasi Indonesia dan Amerika Serikat serta tingkat suku bunga Indonesia dan Amerika Serikat dapat membentuk model prediksi jangka panjang dan jangka pendek nilai tukar. Jenis penelitian ini adalah explanatory research dengan teknik pengambilan sampel adalah purposive sampling . Objek penelitian adalah perusahaan tekstil yang terdaftar di Bursa Efek Indonesia pada periode 2004 – 2008. Metode Analisis yang digunakan adalah analisis regresi berganda, error correction model , dan indepth interview . Hasil penelitian menunjukkan export ratio, quick ratio, market to book ratio , debt to equity ratio , inflasi dan suku bunga secara bersama-sama berpengaruh signifikan pada eksposur ekonomi namun lebih banyak ditentukan oleh faktor lain. Secara parsial, market to book ratio , inflasi dan suku bunga berpengaruh signifikan terhadap eksposur ekonomi sedangkan export ratio, quick ratio , dan debt to equity ratio berpengaruh tidak signifikan terhadap eksposur ekonomi. Penelitian ini juga menunjukkan tingkat inflasi Indonesia dan Amerika Serikat serta tingkat suku bunga Indonesia dan Amerika Serikat mampu membentuk model prediksi jangka panjang dan jangka pendek nilai tukar.
English Abstract
objective of this research is to analyze better fundamental variables namely export ratio, quick ratio, market to book, and debt to equity ratio also macroeconomic variables namely inflation rate and interest rate can improve economic exposure simultaneously and partially. o r objective of this research is to analyse that Indonesia and USA inflation rate also Indonesia and USA interest rate can develop long term and short term exchange rate prediction. type of this research is explanatory research with sampling technique is purposive sampling. object of this research is textile firms that go public on Indonesia Stock Exchange with criteria have annual report period 2004 -2008. This research used three analysis methods that are multiple regression, error correction model, and indepth interview. From analysis, this research shows that simultaneously export ratio, quick ratio, market to book ratio, debt to equity ratio, inflation rate, and interest rate significantly effect economic exposure, but economic exposure is more effected by o r variables. Partially, economic exposure is significantly effected by market to book ratio, inflation rate, and interest rate while export ratio, quick ratio, and debt to equity ratio don`t significantly effect to economic exposure. This research also shows that Indonesia and USA inflation rate also Indonesia and USA interest rate able to develop long term and short term exchange rate prediction model.
| Item Type: | Thesis (Magister) |
|---|---|
| Identification Number: | TES/658.159/NUR/a/041003692 |
| Subjects: | 600 Technology (Applied sciences) > 658 General management > 658.1 Organization and financial management |
| Divisions: | S2/S3 > Magister Ilmu Ekonomi, Fakultas Ekonomi dan Bisnis |
| Depositing User: | Endro Setyobudi |
| Date Deposited: | 28 Dec 2010 11:41 |
| Last Modified: | 28 Dec 2010 11:41 |
| URI: | http://repository.ub.ac.id/id/eprint/159418 |
Actions (login required)
 |
View Item |