Larasati, Citra Ayu (2017) Pengaruh Tingkat Inflasi, Suku Bunga Sertifikat Bank Indonesia, Dan Kurs Dollar Amerika Serikat Terhadap Indeks Harga Saham Gabungan (Studi Pada Bursa Efek Indonesia Periode 2010-2015). Sarjana thesis, Universitas Brawijaya.
Abstract
Pasar modal memiliki beberapa alternatif investasi, salah satunya investasi saham. Harga saham tidak selamanya tetap, terkadang meningkat dan dapat menurun, sehingga investasi saham mengandung resiko yang cukup tinggi. Investor saham harus memperhatikan faktor-faktor yang dapat mempengaruhi harga saham di pasar modal, antara lain tingkat inflasi, suku bunga SBI, dan kurs Dollar AS. Penelitian ini bertujuan untuk mengetahui pengaruh tingkat inflasi, suku bunga SBI, dan kurs Dollar Amerika Serikat secara simultan dan parsial terhadap Indeks Harga Saham Gabungan (IHSG). Penelitian terdahulu yang digunakan untuk acuan dalam penelitian ini adalah Amin (2012), Jayanti (2014), Lailia (2014), dan Wijayaningsih (2016). Jenis penelitian ini termasuk dalam penelitian explanatory dengan pendekatan kuantitatif. Penentuan sampel berdasarkan data time series bulanan periode Januari 2010 – Desember 2015. Penelitian ini menggunakan metode analisis regresi linier berganda. Hasil uji simultan (uji F), menunjukkan bahwa tingkat inflasi, suku bunga SBI, dan kurs Dollar AS secara simultan berpengaruh signifikan terhadap IHSG. Nilai koefisien determinasi (R2) sebesar 0,501 yang berarti variabel independen yaitu tingkat inflasi, suku bunga SBI, dan kurs Dollar AS mempengaruhi variabel dependen yaitu Indeks Harga Saham Gabungan (IHSG) sebesar 50,1% dan sisanya sebesar 49,9% dipengaruhi oleh variabel lain yang tidak diteliti. Hasil uji parsial (uji t), menunjukkan bahwa secara parsial tingkat inflasi, suku bunga SBI dan kurs Dollar AS masing-masing berpengaruh negatif dan signifikan terhadap IHSG. Saran bagi investor saham sebaiknya selalu memperhatikan informasi tingkat inflasi, suku bunga SBI, dan kurs Dollar AS sebelum mengambil keputusan untuk berinvestasi saham di BEI, karena pergerakan IHSG di BEI dipengaruhi oleh faktor-faktor tersebut.
English Abstract
Capital markets have few investment alternatives, one of them is stock. Stock price are not fixed forever, sometimes it is rised and also decreased, so stock investment have high risk. Stock investors should pay attention to the factors that can affect the stock price in capital markets, among other inflation rate, interest rate of SBI, and US Dollar exchange rate. This research aimed to know the influence of inflation rate, interest rate of SBI, and United States Dollar exchange rate simultaneously and partially on the Composite Stock Price Index (CSPI). Previous research used for references in this research are Amin (2012), Jayanti (2014), Lailia (2014), and Wijayaningsih (2016). Types of this research is included into explanatory research with quantitative approach. The sample was based on monthly time series data from January 2010 - December 2015. This research used multiple linear regression method. Simultaneous test result (F test), indicating that inflation rate, SBI rate, and US Dollar exchange rate has significant influence on the Composite Stock Price Index (CSPI) simultaneously. The value coefficient of determination (R2) 0,501, means the independent variables inflation rate, SBI rate, US Dollar exchange rate influence the dependent variable Composite Stock Price Index (CSPI) up to 50,1% and the remaining 49,9% influenced by the other that had not been examined. Partial test result (t test), indicates that inflation rate, SBI rate and US Dollar exchange rate each had a negative effect and significant to CSPI. Suggestions for stock investors should pay attention the information of inflation rate, interset rate of SBI, and US Dollar exchange rate before make decisions to invest stock in BEI, because the CSPI in BEI influenced by the factors above.
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FIA/2017/560/051707713 |
| Uncontrolled Keywords: | tingkat inflasi, suku bunga SBI, kurs Dollar Amerika Serikat, Indeks Harga Saham Gabungan (IHSG) |
| Subjects: | 300 Social sciences > 332 Financial economics > 332.6 Investment > 332.63 Specific forms of investment > 332.632 Securities, real estate, commodities > 332.632 2 Stocks (Shares) > 332.632 22 Prices |
| Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
| Depositing User: | Kustati |
| Date Deposited: | 25 Aug 2017 08:34 |
| Last Modified: | 30 Sep 2020 05:33 |
| URI: | http://repository.ub.ac.id/id/eprint/1721 |
Preview |
Text
Bagian Depan (1).pdf Download (1MB) | Preview |
Preview |
Text
BAB I.pdf Download (590kB) | Preview |
Preview |
Text
BAB II.pdf Download (560kB) | Preview |
Actions (login required)
 |
View Item |