PENGARUH KURS DAN SUKU BUNGA SBI SERTA INFLASI MELALUI RETURN ON ASSET TERHADAP RETURN SAHAM

Abstract

This study uses secondary data from the Indonesia Stock Exchange on each
of the companies in the Stock Exchange with the period 2010-2014 and the research
using quantitative research methods. The location used to do research is to take data
directly from the Internet. Sampling using purposive sampling method and gained as
much as 9 companies as research samples. The analytical method used is path
analysis. The results showed a variable rate significant negative effect on the return
on assets. The variable interest rate of SBI and inflation is not significant positive
effect on return on assets. Variable rate significant negative effect on stock returns.
Variable interest rates SBI significant positive effect on stock returns. Inflation
variable is not significant positive effect on stock returns. While the indirect test
states that a variable rate, SBI interest rate and inflation through the return on assets
on stock returns no significant effect.