ANALISIS PENGARUH SUKU BUNGA, INFLASI, DEBT TO EQUITY RATIO, DAN NILAI TUKAR TERHADAP KINERJA KEUANGAN PERUSAHAAN MANUFAKTUR

Abstract

This study is aimed to analyze the influence of interest rate, inflation, debt to equity ratio, and exchange rate to the financial performance through the interest rate report and the inflation report which has been obtained from Indonesia Stock Exchange and Bank of Indonesia and the financial report of manufacturing companies which are listed in Indonesia Stock Exchange (IDX). The samples in this research has been selected by using purposive sampling technique at manufacturing sector companies which are listed in Indonesia Stock Exchange (IDX) in 2012-2015 periods by using 8 samples of manufacturing companies. The analysis method has been done by using multiple linear regressions analysis. The result of the research shows that interest rates does not give any positive and significant influence to the financial performance; inflation does not give any significant influence to the finance performance. Meanwhile, debt to equity ratio give significant and negative influence to the financial performance and exchange rate give significant influence to the financial performance. Simultaneously, the independent variables give significant influence to the dependent variable that is 0.009 with its significance level is less than 0.05.
Keywords: interest rate, inflation, debt to equity ratio, exchange rate, return on asset