Hubungan suku bunga, inflasi, dan return emiten industri otomotif di Indonesia
DOI:
https://doi.org/10.58784/mbkk.34Keywords:
returns, automotive industry, inflation, interest rateAbstract
At the beginning of 2023, the condition of the capital market in Indonesia is still colored by the issue of the continuation of the COVID-19 pandemic and information on issues of the global crisis which tends to have an effect of investment uncertainty, especially in the automotive industry. This study uses time series data with an observation period of 1 January 2023 to 30 April 2023. This study finds that the average return on stocks in the automotive industry has a better risk-return tradeoff in April. In addition, it was also found that changes in interest rates from the Central Bank tend not to have an impact on the rate of return on stocks from the automotive industry. This study also finds that changes in the inflation rate tend to be followed by non-unidirectional changes in returns.
Downloads
References
Ahmad, S. J., & Badri, J. (2022). Pengaruh inflasi dan tingkat suku bunga terhadap indeks harga saham gabungan yang terdaftar di Bursa Efek Indonesia pada tahun 2013-2021. Jurnal Economina, 1(3), 679-689. DOI: 10.55681/economina.v1i3.160
Akbar, R., & Istifadah, N. (2020). Analisis industri otomotif di Provinsi DKI Jakarta, Jawa Barat, Jawa Tengah dan Jawa Timur. Media Trend, 15(1), 185-194. DOI: 10.21107/mediatrend.v15i1.6641
Ermiati, C., Amanah, D., Harahap, D. A., & Siregar, E. S. (2019). Pengaruh kebijakan dividen terhadap harga saham perusahaan sub sektor otomotif dan komponen yang terdaftar di Bursa Efek Indonesia periode 2008-2017. Niagawan, 8(2), 131-139. DOI: 10.24114/niaga.v8i2.14366
Hidayat, L., Setyadi, D., & Azis, M. (2017). Pengaruh inflasi dan suku bunga dan nilai tukar Rupiah serta jumlah uang beredar terhadap return saham. Forum Ekonomi, 19(2), 148-154. https://journal.feb.unmul.ac.id/index.php/FORUMEKONOMI/article/view/2121/0
Irawan, S. A. (2021). Dampak pandemi COVID-19 terhadap implementasi making Indonesia 4.0. Jurnal Anggaran dan Keuangan Negara Indonesia, 3(2), 136-152. DOI: 10.33827/akurasi2021.vol3.iss2.art107
Kewal, S. S. (2012). Pengaruh inflasi, suku bunga, kurs, dan pertumbuhan PDB terhadap indeks harga saham gabungan. Jurnal Economia, 8(1), 53-64. https://journal.uny.ac.id/index.php/economia/article/view/801
Kustina, L., Safitri, O., & Anwar, S. (2019). Kebijakan deviden dan capital gain: pengaruhnya terhadap harga saham. Jurnal Investasi, 5(1), 24-37. DOI: 10.31943/investasi.v5i1.16
Mourine, A., & Septina, F. (2023). Pengaruh inflasi, tingkat suku bunga, nilai tukar, dan struktur modal terhadap return saham perusahaan sektor farmasi. Perspektif: Jurnal Ekonomi dan Manajemen Akademi Bina Sarana Informatika, 21(1), 10-20. DOI: 10.31294/jp.v21i1.12943
Nugroho, G. A., & Hermuningsih, S. (2020). Pengaruh kurs Rupiah, inflasi dan suku bunga terhadap return saham perusahaan sektor jasa sub konstruksi dan bangunan pada Bursa Efek Indonesia. Derivatif: Jurnal Manajemen, 14(1), 38-43. DOI: 10.24127/jm.v14i1.438
Ramadhani, G. F., Hendra, J., & Amani, T. (2023). Pengaruh inflasi dan suku bunga terhadap return saham perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2016-2019. JUMAD: Journal Management, Accounting, & Digital Business, 1(1), 141-150. DOI: 10.51747/jumad.v1i1.1342
Rusliati, E., & Fathoni, S. N. (2011). Inflasi, suku bunga deposito dan return pasar terhadap return saham pada industri barang konsumsi yang terdaftar di BEI 2006-2009. Jurnal Bisnis dan Akuntansi, 13(2), 107-118. https://jurnaltsm.id/index.php/JBA/article/view/156
Sebo, S. S., & Nafi, M. (2021). Pengaruh inflasi, nilai tukar, suku bunga, dan volume transaksi terhadap harga saham perusahaan pada kondisi pandemi Covid-19. Jurnal Akuntansi dan Perpajakan, 6(2), 113-126. DOI: 10.26905/ap.v6i2.5358
Sugiyanto, F. X. N., Nazar, S. N., & Syafrizal, K. (2021). Inflasi dan suku bunga terhadap return saham subsektor perbankan indeks KOMPAS100 2015-2019. E-Jurnal Akuntansi, 31(6), 1604-1614. DOI: 10.24843/EJA.2021.v31.i06.p20
Suriyani, N. K., & Sudiartha, G. M. (2018). Pengaruh tingkat suku bunga, inflasi dan nilai tukar terhadap return saham di Bursa Efek Indonesia. E-Jurnal Manajemen, 7(6), 3172-3200. DOI: 10.24843/EJMUNUD.2018.v07.i06.p12
Suteja, J., & Seran, P. (2015). Determinan retrun saham industri otomotif dan komponen yang terdaftar di BEI. Trikonomika, 14(1), 76-86. DOI: 10.23969/trikonomika.v14i1.594
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Elia Sofila Simarmata, Jili Saisab
This work is licensed under a Creative Commons Attribution 4.0 International License.
Under this license then authors free to:
- Share - copy and redistribute the material in any medium or format.
- Adapt - remix, transform, and build upon the material for any purpose, even commercially.
The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution - You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions - You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
- You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation.
- No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
