PENGARUH INFLASI, TINGKAT SUKU BUNGA, EARNING PER SHARE, DAN PERPUTARAN PERSEDIAAN TERHADAP HARGA SAHAM

Abstract

The purpose of this research is to test the influence of inflation, interest rate, earning per share (EPS) and
inventory turnover to the stock price of pharmaceutical companies which are listed in Indonesia Stock Exchange
in 2012-2015 periods.The population has been obtained by using purposive sampling method and based on the
predetermined criteria 8 pharmaceutical companies has been selected as samples. The analysis method has been
carried out by using multiple linear regressions analysis and the SPSS. The variables in this research are
inflation, interest rate, Earnings Per Share (EPS), inventory turnover as the independent variables and stock
price as the dependent variable The result of the research shows that inflation give negative influence to the stock
price and earnings per share (EPS) give positive influence to the stock price. Meanwhile, the interest rate and
inventory turnover does give any influence to the stock price. The result of the F test shows that simultaneously
independent variables give influence to the dependent variable.

Keywords: Inflation, interest rate, earning per share, inventory turnover and stock price