ANALISIS DETERMINAN PERGERAKAN INDEKS HARGA SAHAM GABUNGAN (IHSG) DI INDONESIA (2008:07-2013:07)

DENI HERDIANA, 0911021008 (2014) ANALISIS DETERMINAN PERGERAKAN INDEKS HARGA SAHAM GABUNGAN (IHSG) DI INDONESIA (2008:07-2013:07). Fakultas ekonomi dan bisnis, Universitas Lampung.

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Abstract

ABSTRAK INDONESIA] Indeks Harga Saham Gabungan merupakan nilai gabungan saham-saham perusahaan yang tercatat di Bursa Efek Indonesia (BEI) yang pergerakannya mengindikasikan kondisi yang terjadi di pasar modal. IHSG ini bisa digunakan untuk menilai situasi pasar secara umum atau mengukur apakah harga saham mengalami kenaikan atau penurunan. IHSG juga melibatkan seluruh harga saham yang tercatat di bursa. Tujuan dalam penelitian ini adalah, Untuk mengetahui bagaimana dan seberapa besar pengaruh Capital Inflow, Capital Outflow, Nilai Tukar, BI Rate dan Inflasi Pergerakan Indeks Harga Saham Gabungan di Indonesia. Berdasarkan data tahun 2008–2013 dengan periode pengamatan Juli 2008–Juli 2013. Penelitian ini menggunakan data sekunder yang bersifat kuantitatif yang terdiri dari Indeks Harga Saham Gabungan (IHSG), Capital Inflow, Capital Outflow, Nilai Tukar, BI Rate dan Inflasi. Analisis yang digunakan dalam penelitian ini dengan menggunakan metode analisis Error Correction Model (ECM) Dari hasil penelitian, didapatkan bahwa secara keseluruhan variabelvariabel bebas dalam penelitian ini (Capital Inflow, Capital Outflow, Nilai Tukar, BI Rate dan Inflasi) mempunyai pengaruh yang signifikan terhadap variabel terikat yaitu Indeks Harga Saham Gabungan (IHSG). Namun berdasarkan hasil uji secara parsial menunjukan bahwa variabel BI Rate mempunyai pengaruh yang negatif dan signifikan terhadap Indeks Harga Saham Gabungan (IHSG) dan Capital Outflow mempunyai pengaruh negatif terhadap Indeks Harga Saham Gabungan (IHSG). Sedangkan Capital Inflow mempunyai pengaruh positif dan signifikan terhadap Indeks Harga Saham Gabungan (IHSG). Dan selanjutnya ketiga variabel lain memiliki pengaruh positif terhadap IHSG. Kata Kunci : Indeks Harga Saham Gabungan (IHSG),Capital Inflow, Capital Outflow, BI Rate, Nilai Tukar, Inflasi, Error Correction Model(ECM). ABSTRAK BAHASA INGGRIS Composite Stock Price Index is a combined value of stocks listed on the Indonesia Stock Exchange (IDX) indicates that movement conditions in the capital market . JCI can be used to assess the market situation in general or gauge whether stock prices rise or decline . JCI also involve the entire price of the stocks listed on the exchange . The purpose of this research is to know how and how much influence the Capital Inflow, Capital Outflow, Exchange Rate, Bank Rate and Inflation Movement Composite Stock Price Index in Indonesia. Based on data from the years 2008- 2013 with the observation period July 2008 - July 2013 . Study using quantitative secondary data consisting of Composite Stock Price Index (CSPI), Capital Inflow, Capital Outflow, Exchange Rate, Bank Rate and Inflation. The analysis used in this study by using the method of analysis Error Correction Model (ECM). From the research, it was found that overall the independent variables in this study (Capital Inflow, Capital Outflow, Exchange Rate, Bank Rate and Inflation) has a significant effect on the dependent variable is the Jakarta Composite Index (JCI). However, based on partial test results indicate that the variable BI Rate has a negative and significant impact on Composite Stock Price Index (CSPI) and Capital Outflow have a negative effect on the Jakarta Composite Index (JCI). While Capital Inflow has a positive and significant impact on the Jakarta Composite Index (JCI). And then the other three variables have a positive effect on JCI . Keywords : Composite Stock Price Index (CSPI), Capital Inflow, Capital Outflow, BI Rate, Exchange Rate, Inflation, Error Correction Model ( ECM ) .

Item Type: Other
Subjects: A General Works = Karya Karya Umum
Divisions: Fakultas Ekonomi dan Bisnis > Prodi Ekonomi Pembangunan
Depositing User: UPT Perpustakaan Unila
Date Deposited: 23 Oct 2014 02:48
Last Modified: 23 Oct 2014 02:48
URI: http://digilib.unila.ac.id/id/eprint/4554

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