FAKTOR-FAKTOR YANG MEMPENGARUHI RISIKO SISTEMATIS SAHAM SYARIAH
Daftar Isi:
- The objective of this research is to examine influence macro economic variables (interest rate, inflation, and Gross National Product) and fundamental variables (leverage, earnings variability, accounting beta, earnings per share, price earnings ratio, price book value, dividend yield, and trading volume) on syariah stock beta. Samples used in this research are selected using purposive sampling from public companies of Jakarta Islamic Index (JII) from 2001-2005. The research tested hypotheses by using multiple regression analysis models. Based on model used, the results with F-test or Anova show that macro economic variables and fundamental variable 5% significant influence on syariah stock beta. The results also show that from the eight factors fundamental variable assumed to influence on syariah stock beta, there are five factors which partially show significant influence: leverage, earnings variability, earnings per share, price book value, and trading volume influence on syariah stock beta.