PENGARUH VARIABEL MAKRO EKONOMI DAN KINERJA KEUANGAN TERHADAP RETURN SAHAM PADA INDUSTRI OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2020

Ria Alfa Dilla, Ria Alfa Dilla (2022) PENGARUH VARIABEL MAKRO EKONOMI DAN KINERJA KEUANGAN TERHADAP RETURN SAHAM PADA INDUSTRI OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2020. skripsi thesis, Universitas Batanghari.

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Abstract

ABSTRACT Ria Alfa Dilla/ 1800861201244/ Faculty of Economics University Batanghari Jambi/ Effect of Macroeconomic Variables and Financial Performance on Stock Returns on The Automotive Industry Listed on the Indonesia Stock Exchange Period 2016-2020 / Advisor 1st Dr. Hj. Arna Suryani, SE, M,Ak, Ak, CA, CMA/ 2nd Dr. Mufidah, SE, M.Si. The purpose of this study is to determine and analyze the effect of inflation, interest rates, return on equity (ROE) and debt to equity ratio (DER) simultaneously and partially on stock returns on The Automotive Industry Listed on the Indonesia Stock Exchange Period 2016-2020. The type of data used in this study is secondary data. The population of this study is the entire Automotive Industry listed on the Indonesia Stock Exchange for the 2016-2020 period, namely 11 listed companies. The data analysis method used in this study is the quantative descriptive method. The object of this study is a company engaged in automotive. The automotive industry is one type of business that is growing rapidly in Indonesia. The increasing quantity of the Automotive Industry is one of the proofs, that the automotive industry has attracted many parties. The growth of the domsetik or export market is a driver of the development of the automotive component industry. Based on the results of multiple linear regressions, it is known that inflation and debt to equity ratio (DER) have a positive direction towards stock returns. Meanwhile, interest rates and return on equity (ROE) have a negative direction towards stock returns. Inflation, interest rates, return on equity (ROE), debt to equity ratio (DER) simultaneously affect stock returns. This is indicated by the results of Fhitung > Ftabel (3.575 > 3.29) and the significant value < the alpha value (0.031 < 0.05). Partially inflation shows a calculation result smaller than the tabel (2.893 > 2.131) it can be concluded that inflation has a significant effect on stock returns. Partially the interest rate shows a calculated yield smaller than the ttabel (-0.701 < 2.131) then it can be concluded that the interest rate does not have a significant effect on stock returns. Partially returnon equity (ROE) shows a calculated result smaller than ttabel (2.858 > 2.131) it can be concluded that ROE has a significant effect on stock returns. Partially, debt to equity ratio (DER) shows that the calculation results are smaller than the ttabel (0.058 < 2.131) so it can be concluded that DER has no significant effect on stock returns.

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