PENGARUH KURS, INFLASI, DAN SUKU BUNGA TERHADAP HARGA SAHAM PADA PERUSAHAAN YANG GO PUBLIC DI BURSA EFEK INDONESIA TAHUN 2014-2016

Abstract

Abstrak
Development as contained in GBHN is one of the ways to increase national income. To
encourage national economic growth, the government continues to increase its investment. One
way to get funds is in the capital market, which is the market for various long-term financial
instruments that can be traded, either in the form of debt or own capital, whether issued by the
government, public authorities, or private companies. In this research will be discussed about how
the effect of exchange rate, inflation and interest rates on stock prices. Because the research is
expected to be used by potential investors in making investment decisions. To consider investment
decisions, comparable annual investment income with annual capital cost, which depends on
interest. The difference between annual income and annual cost is called an annual net income. If
the net annual net profit is positive, the investment is profitable, while if net profit is negative then
investment is disadvantageous (Samuelson and Nordhaus, 1997: 138).
Data collection in this study was conducted by literature study that is studying the literature
that is deductive (theoretical) and other readings such as investor magazines, scientific
publications and scientific journals. Data Collection Technique is documentary that is collecting
data on Indonesia Stock Exchange in the form of JSX Statistic (yearly) during period 2014 until
September 2016 at Investsi Gallery of Faculty of Economics (yearly).
Keywords: Exchange Rate, Inflation, Interest Rate, Stock Price