PENGARUH TINGKAT SUKU BUNGA BI, NILAI KURS USD, DAN TINGKAT INFLASI TERHADAP INDEKS HARGA SAHAM GABUNGAN (IHSG)
Main Author: | Beatrix Tandirerung, Dedy Noor Syahrani1 H Eddy Soegiarto2 |
---|---|
Format: | Article info application/pdf eJournal |
Bahasa: | eng |
Terbitan: |
JMA: JURNAL MANAJEMEN DAN AKUNTANSI
, 2022
|
Subjects: | |
Online Access: |
http://ejurnal.untag-smd.ac.id/index.php/EKM/article/view/6257 http://ejurnal.untag-smd.ac.id/index.php/EKM/article/view/6257/pdf |
Daftar Isi:
- DEDY NOOR SYAHRANI: Influence of BI Interest Rate, USD Exchange Rate, and Inflation on the Compsite Stock Price Index (CSPI) for January 2014 - February 2019 period under the guidance of Mr. H. Eddy Soegiarto as Advisor I and Mrs. Beatrix Tandirerung as supervisor II.This research was conducted to determine the effect of the BI interest rate, the exchange rate of the rupiah against the USD, and inflation on the Composite Stock Price Index (CSPI) on January 2014 to February 2019 period, because the BI interest rate, the exchange rate of USD, and inflation always have an impact on CPSI movements. On this research, we used population all of BI interest rate data, USD exchange rates, inflation and CSPI listed on the official website of Bank Indonesia. While the sample selection are using purposive sampling method. The are 62 samples data from January 2014 to February 2019. The data obtained are secondary data. Classical Assumptions Testing used in this study are the Residual Normality Test, Multicollinearity Test, Heteroskedasticity Test, and Autocorrelation Test. While hypothesis in this case was resolved by using Multiple Linear regression analysis techniques. The results research indicate that the BI interest rate, USD exchange rate, and inflation have a significant effect well mannered by simultaneous or partial section on the CPSI in January 2014 - February 2019 period. This means that the three variables in this study can be used as a proposition to estimate the CPSI periodically. The conclusion of this study showed that if the BI interest rate and inflation increase, the CSPI will also increase. Meanwhile, if the USD exchange rate increases then it will decrease the CSPI