Open AccessANALISIS PENGARUH FAKTOR MIKRO EKONOMI TERHADAP RISIKO INVESTASI SAHAM PADA SEKTOR INDUSTRI MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA
Author(s) -
Made Santana Putra Ni Putu Sri,
I Gede Rihayana,
Putu Agus Eka Rismawan,
Bagus Nyoman Kusuma Putra
Publication year - 2019
Publication title -
jurnal manajemen widya amerta
Language(s) - English
Resource type - Journals
eISSN - 2623-2367
pISSN - 2406-7792
DOI - 10.37637/wa.v6i2.373
Subject(s) - stock exchange , business , market liquidity , leverage (statistics) , financial system , exchange rate , monetary economics , indonesian , finance , economics , linguistics , philosophy , machine learning , computer science
The Indonesian Capital Market has an important role in the mobilization of funds for national development. The capability of the Indonesian Capital Market in mobilizing funds has become an important container besides banking to provide funds through the sale of shares and bonds. The counting of return and risk are two important things in any capital or fund to be invested. Investment risk generally is affected by micro and macro factors. The purpose of this research is to analyze how the effect of financial leverage, operating leverage and company liquidity simultaneously and partially to share investment risk on the food and beverage industry in Indonesia stock exchange period 2013-2017. The result of this research were the variable of economic conditions, interest rate, inflation, exchange rate, financial leverage, operating leverage and company liquidity simultaneously have a significant effect to share investment risk on the food and beverage industry in Indonesia stock exchange period 2013-2017 and the variable of exchange rate with financial leverage variable has a negative and significant effect to share investment risk on the food and beverage industry in Indonesia stock exchange period 2013-2017.