PENGARUH EVA, INFLASI, DAN SUKU BUNGA TERHADAP RETURN SAHAM (pada sektor perusahaan food and beverage yang terdaftar di Bursa Efek Indonesia)

Abstract

This research aimed to examine and analyze the effect to Economic Value Added (EVA), Inflation, and Interest Rates on the stock return of Food and Beverage companies sector which were listed on Indonesia Stock Exchange 2016 – 2018. While, the research was quantitative research. Moreover, the population was Food and Beverage companies sector which ere listed on Indonesia Stock Exchange 2016 – 2018. Furthermore, the data collection technique used purposive sampling in which the sample was based on criteria given. In line with, there were 11 Food and Beverage companies sector as sample which ere listed on Indonesia Stock Exchange for 3 years (2016-2018).According to the data analysis technique, it used multiple linear regression, classical assumption test, f test, and t test with SPSS 22. In addition, the research result concluded Economic Value Added (EVA) has insignificant effect on stock return of Food and Beverage companies. On the other hand, inflation as well as interest rates had significant effect on stock return of Food and Beverage companies.
Keywords: economic value added, inflation, interest rates, stock return.