ANALISIS PENGARUH FAKTOR FUNDAMENTAL PERUSAHAAN DAN KONDISI MAKRO EKONOMI TERHADAP ABNORMAL RETURN PERUSAHAAN INDUSTRI PERTAMBANGAN DI BEI (Bursa Efek Indonesia)

Abstract

ABSTRACT

This study aims to determine the effect of corporate fundamental variables and macroeconomic conditions on abnormal returns. The population of this study are all mining industry companies listed on the Indonesia Stock Exchange (IDX). The  sample selection was using the purpose sampling method. Based on the criteria that obtained 41 population and 30 samples of the company. The method used in this study is multiple linear regression analysis and hypothesis testing using the coefficient of determination test, F test and t test. The results of this study are debt to equity ratio (DER), return on assets (ROA), return on equity (ROE) and a positive and significant effect on abnormal return. Earning per share (EPS), SBI, inflation has a negative and not significant effect on abnormal return.

Keywords:Debt to Equity Ratio (DER), Return on Asset (ROA), Return on Equity (ROE), Earning per Share (EPS), inflation, SBI interest rate and abnormal return