CD Tesis
Pengaruh Faktor Internal Dan Faktor Makroekonomi Terhadap Return Saham Dengan Beta Saham Sebagai Variabel Intervening (Studi Kasus Pada Perusahaan Property Dan Real Estate Dan Building Construction Yang Terdaftar Di Bursa Efek Indonesia Tahun 2012-2016)
This study aims to analyze empirically Influence of Internal Factors and External Factors on Stock Return with Beta Shares as Variable Intervening in the company Property Sector, Real Estate and Building Construction listing on the stock exchanges of Indonesia in 2012-2016. The population of this research is all property companies (property sector, real estate and Building Construction) listed on Indonesia Stock Exchange 2012 until 2016, which is 58 companies. The sample research is 45 companies. The data type is secondary data. Data analysis and hypothesis testing in this research using Structural Equation Model - Partial Least Square (SEMPLS) method. This research uses WarpPLS 5.0 and Sobel Analysis software. Based on the results of research, got some conclusions as follows: 1) Internal factors have a significant influence on Beta Share. 2) Macroeconomic factors have a significant influence on Beta Share. 3) Internal factors have a significant effect on Stock Return. 4) Macroeconomic factors have a significant influence on Stock Return. 5) Beta shares have a significant effect on Stock Return. 6) Beta stock able to mediate the influence of internal factors on stock returns. 7) Beta stock able to mediate the influence of macroeconomic factors on stock returns.
Keywords: Stock Return, Fundamental Ratios, Macroeconomic, Beta Shares and Property-Real Estate and Building Construction Companies
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