Pengaruh Inflasi, Nilai Tukar, Dan Suku Bunga Terhadap Return Saham Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013 - 2017

Abstract

This study aims to analyze the influence of inflation, exchange rate, and interest rate on stock returns in mining companies listed on the Indonesia Stock Exchange, both simultaneously and partially, as well as analyze the dominant variables that affect the company's value. Data collection techniques in a time series for five years, from 2013 to 2017, by analyzing the annual report of coal mining sub-sector companies. This type of research is included in causal research by quantitative methods, and data analysis techniques use multiple linear regression. The results showed that simultaneously inflation, exchange rates, and interest rates had a significant effect on stock returns, while partially only interest rates had a significant effect.