PENGARUH TINGKAT KESEHATAN BANK PADA RETURN SAHAM PERBANKAN YANG TERCATAT DI BURSA EFEK INDONESIA

Abstract

Company is one banking industry also participated in capital markets.Banking companyis a financial institutionthat serves asa financial intermediary(financial intermediary).The object of researchused inthis studyarelistedbankingcompaniesinIndonesia Stock Exchangeduring the2007-2011studyperidoe.A method of analysis used is linear regression analysis using program SPSS with multiple versions 16.0.

The results showedthat thecoefficientdeterminant ofRSquareindicatesthat thepercentageeffect ofthe independentvariable(CAR, NPL, NIM, ROA, LDR, IRR) on the dependent variable(Stock Return) by 30.6%.While the rest is as much as 69,4 % influenced or described by another variable that is not incorporated into this research.

The results ofthe simultaneousregressioncoefficientstudyshowed thatthe independentvariableshave a significant effecton the dependent variablewitha significantvalue of0.016(α =0.05),butthepartialresults of the study, the only variableCAR, NIMandROAwhich affects thedependent variable(Stock Return) withsignificant levelsrespectively0.041, 0.043and0.020(α = 0.05 level).

Key words: CAR, NPL, NIM, ROA, LDR, IRR, and Stock Return