Analisis Pengaruh Tingkat Suku Bunga Dan Nilai Tukar Terhadap Resiko Sistematis Saham Perusahaan Di Bursa Efek Indonesia

• Main Authors: , Taufik, , Dr. Khomsiyah, M.Si.
• Format: Theses and Dissertations NonPeerReviewed
• Published: [Yogyakarta] : Universitas Gadjah Mada 2013
• Subjects: ETD
• Online Access: https://repository.ugm.ac.id/118356/; http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=58303
• Institution: Universitas Gadjah Mada

This study aims to analyze the effect of interest rates and exchange rates on the systematic risk of stocks in Indonesia Stock Exchange, and to know the magnitude of the effect of these variables on the systematic risk of all industry groups in the Indonesia Stock Exchange. Technique sampling used purposive sampling method with listed criteria in Indonesia Stock Exchange. Sample of research are consist of 35 companies of the existing nine industry groups. Data technique analysis used in this research is doubled linear regression. The result of this research indicates that the interest rate and exchange rate risks affecting the company's stock is listed on the Indonesia Stock Exchange. If the test is based on the industry, Basic Chemical Manufacturing Sector, Finance, Commerce, Agriculture, Real Estate Property variable exchange rates and interest rates have a significant effect on systematic risk. in various industries sector exchange change variable affect the systematic risk while the interest rate risk is not, while the Consumer Goods sector, Transportation Infrastructure, and Mining variable exchange rate does not affect the systematic risk while the interest rate influence. The result of this research indicates that the level of interest rates and exchange rates affect the systematic risk, but is not consistent with some industry, in some industries, systematic risk is also influenced by the level of consumer demand, industrial demand for raw materials and the type of business.