ANALISIS KINERJA PERUSAHAAN, TINGKAT SUKU BUNGA, DAN NILAI TUKAR IDR/USD TERHADAP HARGA SAHAM

(Studi Kasus pada PT. Astra Agro Lestari, Tbk, PT. London Sumatra Indonesia, Tbk dan PT. Tunas Baru Lampung, Tbk)

Abstract

The share price in one indicators used by investors view of the attractiveness of a stock. This information will be useful for decision-making in the financial sector in the plantation sector company's that sells its shares in the
Indonesian Stock Exchange.
The purpose of this study was to identify the effect of variabel Company Performance (X1), Interest Rate (X2), Kurs (X3), the stock price either simultaneously or partil. This Research was conducted by taking the company's
financial statement all the plantation data sector in Indonesian Stock Exchange as
well and data from the official website of Bank Indonesia, from 2007 to 2016.
The Analysis used in this reseach is multiple regression analysis, with results as follows: First, the Comapany Performance (X1), Interest Rate (X2), Kurs
(X3) simultaneously influence in determining variabel stock price. Second, among the variuos independene variables, Interest Rate (X2) and Kurs (X3) were not
significant in determining variable stock price and the independent variables that have a significant effect such that company's performance (ROE) have a positive effect on Stock Price.
The implications of this findings that the management needs to focus more
attention on factors that are proven to affect stock prices so that all parties can
benefit from the investment.

Keywords: Company Performance), Interest Rate, Kurs, and Stock Prices.