Loading...
Analisis Faktor Fundamental terhadap Excess Return Saham Syariah Perusahaan Jakarta Islamic Index
Azwar Yama, Indo Mufraini, Arief Suhendra
Azwar
Yama, Indo
Mufraini, Arief
Suhendra
Author(s)
Contributor(s)
Keywords
Collections
Files
Research Projects
Organizational Units
Journal Issue
Online Access
Abstract
This article studies the fundamental factor analysis of the company's Islamic excess stock return in Jakarta Islamic Index. The study concluded that based on the results of testing by using multiple regression analysis, there are four variables that significantly affect the excess return variables, they are: BV, DER, ROE and SWBI. Besides, they are other variables such as PER, inflation, and exchange rate had no significant effect on the variable excess stock returns. Thus, it can be assumed that the JII firms during the study period was fulfilling aspects of sharia compliance. The indications are book value which can represent the real value of the assets of the company itself and the highest ratio of debt to asset is 2.84%. meanwhile, the highest determination of Islamic National Council is 33%.
Note(s)
Topic
Type
Journal volume
Date
2011-01
Identifier
ISBN
DOI
Copyright/License
With permission of the license/copyright holder