Analisis Pengaruh Nilai Tukar Rupiah terhadap Dolar Amerika, Tingkat Suku Bunga dan Tingkat Inflasi terhadap Harga Saham Perusahaan perkebunan yang terdaftar di BEI Tahu 2007 –2012
No.
Nama Emiten
Variabel
Inflasi
(%)
Suku Bunga BI (%)
Kurs
(Rp)
Harga Saham (Rp)
1
PT Astra Agro Lestari Tbk (AALI)
6,40
8,60
7.717,34
17.113
2
PT PP London Sumatera Tbk (LSIP)
6,40
8,60
7.717,34
7.275
3
PT Bakrie Sumatra Plantation Tbk
(UNSP)
6,40
8,60
7.717,34
1.514
4
PT Tunas Baru Lampung Tbk (TBLA)
6,40
8,60
7.717,34
503
5
PT Sampoerna Agro Tbk (SGRO)
6,40
8,60
7.717,34
2.661
Lampiran 2. Data Variabel Independen dan Dependen Tahun 2008
No.
Nama Emiten
Variabel
Inflasi
(%)
Suku Bunga BI (%)
Kurs
(Rp)
Harga Saham (Rp)
1
PT Astra Agro Lestari Tbk (AALI)
10,31
8,67
8.240,32
20.367
2
PT PP London Sumatera Tbk (LSIP)
10,31
8,67
8.240,32
7.363
3
PT Bakrie Sumatra Plantation Tbk
(UNSP)
10,31
8,67
8.240,32
1.275
4
PT Tunas Baru Lampung Tbk (TBLA)
10,31
8,67
8.240,32
459
5
PT Sampoerna Agro Tbk (SGRO)
10,31
8,67
8.240,32
2.922
Lampiran 3. Data Variabel Independen dan Dependen Tahun 2009
No.
Nama Emiten
Variabel
Inflasi
(%)
Suku Bunga BI (%)
Kurs
(Rp)
Harga Saham (Rp)
1
PT Astra Agro Lestari Tbk (AALI)
4,90
7,15
8.186
18.071
2
PT PP London Sumatera Tbk (LSIP)
4,90
7,15
8.186
6.075
3
PT Bakrie Sumatra Plantation Tbk
(UNSP)
4,90
7,15
8.186
616
4
PT Tunas Baru Lampung Tbk (TBLA)
4,90
7,15
8.186
293
(2)
Lampiran 5. Data Variabel Independen dan Dependen Tahun 2011
No.
Nama Emiten
Variabel
Inflasi
(%)
Suku Bunga BI (%)
Kurs
(Rp)
Harga Saham (Rp)
1
PT Astra Agro Lestari Tbk (AALI)
5,38
6,58
9.114,14
22.188
2
PT PP London Sumatera Tbk (LSIP)
5,38
6,58
9.114,14
3.038
3
PT Bakrie Sumatra Plantation Tbk
(UNSP)
5,38
6,58
9.114,14
351
4
PT Tunas Baru Lampung Tbk (TBLA)
5,38
6,58
9.114,14
548
5
PT Sampoerna Agro Tbk (SGRO)
5,38
6,58
9.114,14
3.171
Lampiran 6. Data Variabel Independen dan Dependen Tahun 2012
No.
Nama Emiten
Variabel
Inflasi
(%)
Suku Bunga BI (%)
Kurs
(Rp)
Harga Saham (Rp)
1
PT Astra Agro Lestari Tbk (AALI)
4,28
5,77
9.770,11
21.171
2
PT PP London Sumatera Tbk (LSIP)
4,28
5,77
9.770,11
2.504
3
PT Bakrie Sumatra Plantation Tbk
(UNSP)
4,28
5,77
9.770,11
196
4
PT Tunas Baru Lampung Tbk (TBLA)
4,28
5,77
9.770,11
547
5
PT Sampoerna Agro Tbk (SGRO)
4,28
5,77
9.770,11
2.910
Lampiran 4. Data Variabel Independen dan Dependen Tahun 2010
No.
Nama Emiten
Variabel
Inflasi
(%)
Suku Bunga BI (%)
Kurs
(Rp)
Harga Saham (Rp)
1
PT Astra Agro Lestari Tbk (AALI)
5,13
6,50
8.357,29
22.201
2
PT PP London Sumatera Tbk (LSIP)
5,13
6,50
8.357,29
9.071
3
PT Bakrie Sumatra Plantation Tbk
(UNSP)
5,13
6,50
8.357,29
409
4
PT Tunas Baru Lampung Tbk (TBLA)
5,13
6,50
8.357,29
393
(3)
Lampiran 2. Hasil Uji Multikolinearitas
Coefficientsa Model Unstandardized Coefficients Standardiz ed Coefficient st Sig.
Correlations
Collinearity Statistics
B Std. Error Beta
Zero-order Partial Part
Toleran
ce VIF
1 (Constant) -4032.604 15609.29 2
-.258 .797
INFLASI -136.359 350.347 -.068 -.389 .698 -.307 -.047 -.039 .325 3.076
SUKUBUN GA
-228.131 1086.542 -.054 -.210 .834 -.490 -.025 -.021 .150 6.650
KURS 3.116 1.161 .490 2.685 .009 .560 .310 .268 .299 3.341
a. Dependent Variable: AALI
Coefficientsa Model Unstandardized Coefficients Standardiz ed Coefficient s
t Sig.
Correlations
Collinearity Statistics
B Std. Error Beta
Zero-order Partial Part
Toleran
ce VIF
1 (Constant) -4752.856 2691.383 -1.766 .082
INFLASI -16.927 68.318 -.055 -.248 .805 -.132 -.031 -.027 .237 4.213
SUKUBUNG ABI
184.353 210.507 .254 .876 .384 -.270 .110 .095 .138 7.223
KURS .723 .195 .657 3.716 .000 .496 .424 .402 .374 2.673
(4)
Coefficientsa Model Unstandardized Coefficients Standardiz ed Coefficient s
t Sig.
Correlations
Collinearity Statistics
B Std. Error Beta
Zero-order Partial Part
Toleran
ce VIF
1 (Constant) -1875.131 427.381 -4.387 .000
INFLASI -19.940 11.170 -.364 -1.785 .079 -.117 -.221 -.171 .220 4.550
SUKUBUNG ABI
106.348 34.302 .814 3.100 .003 -.209 .366 .296 .133 7.546
KURS .197 .031 .990 6.415 .000 .567 .632 .613 .384 2.605
a. Dependent Variable: TBLA
Coefficientsa Model Unstandardized Coefficients Standardiz ed Coefficient s
t Sig.
Correlations
Collinearity Statistics
B Std. Error Beta
Zero-order Partial Part
Toleran
ce VIF
1 (Constant) 23650.40 5
11841.16 2
1.997 .050
INFLASI 43.824 265.772 .033 .165 .870 .082 .020 .019 .325 2,417
SUKUBUNG ABI
-435.092 824.248 -.157 -.528 .599 .194 -.064 -.061 .150 4,005
KURS -1.739 .880 -.415 -1.975 .052 -.306 -.233 -.227 .299 5,668
(5)
Lampiran. 8 Hasil Uji Heteroskedastisitas
Coefficientsa
Model
Unstandardized Coefficients
Standardiz ed Coefficient
s
t Sig.
Correlations
Collinearity Statistics
B Std. Error Beta
Zero-order Partial Part
Toleran
ce VIF
1 (Constant) -6077.361 1842.923 -3.298 .002
INFLASI -127.303 41.364 -.506 -3.078 .003 .289 -.350 -.288 .325 3,876
SUKUBUNG ABI
667.728 128.283 1.258 5.205 .000 .557 .534 .488 .150 3,566
KURS .322 .137 .403 2.352 .022 -.378 .274 .220 .299 5,677
a. Dependent Variable: UNSP
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error Beta
1 (Constant) -20322.641 8920.914 -2.278 .026
NILAITUKAR 1.495 .663 .433 2.254 .027
SUKUBUNGA 1304.286 620.973 .569 2.100 .039
INFLASI 192.871 200.228 .178 .963 .339
(6)
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error Beta
1 (Constant) 1261.060 5320.940 .237 .813
KURS .181 .396 .089 .457 .649
SUKUBUNGABI -372.396 370.384 -.276 -1.005 .318
INFLASI 417.065 119.427 .653 3.492 .061
a. Dependent Variable: RES2 (LSIP)
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error Beta
1 (Constant) -443.282 199.650 -2.220 .030
KURS .025 .014 .311 1.741 .087
SUKUBUNG ABI
52.218 16.024 .990 3.259 .502
INFLASI -8.494 5.218 -.384 -1.628 .109
(7)
Lampiran 9. Hasil Uji Autokorelasi
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error Beta
1 (Constant) -3582.744 996.746 -3.594 .001
KURS .213 .074 .489 2.874 .555
SUKUBUNGABI 305.688 69.382 1.058 4.406 .323
INFLASI -17.296 22.372 -.126 -.773 .442
a. Dependent Variable: Unstandardized Residual (UNSP)
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error Beta
1 (Constant) -1345.088 1617.762 -.831 .409
KURS .096 .117 .156 .818 .416
SUKUBUN GABI
120.085 126.534
.298
.949 .346
INFLASI 30.095 41.065 .176 .733 .466
a. Dependent Variable: Unstandardized Residual (SGRO)
Model Summaryb
Model
Change Statistics
Durbin-Watson R Square
Change F Change df1 df2 Sig. F Change
1 .322a 10.759 3 68 .000 1.613
a. Predictors: (Constant), INFLASI, NILAITUKAR, SUKUBUNGA b. Dependent Variable: AALI
(8)
Model Summaryb
Model
Change Statistics
Durbin-Watson R Square
Change F Change df1 df2
Sig. F Change
1 .403a 15.292 3 68 .000 1.619
a. Predictors: (Constant), INFLASI, KURS, SUKUBUNGABI b. Dependent Variable: UNSP
Model Summaryb
Model
Change Statistics
Durbin-Watson R Square
Change F Change df1 df2 Sig. F Change
1 .264a 7.532 3 63 .000 1.751
a. Predictors: (Constant), INFLASI, KURS, SUKUBUNGABI b. Dependent Variable: SGRO
Model Summaryb
Model
Change Statistics
Durbin-Watson R Square
Change F Change df1 df2 Sig. F Change
1 .100a 2.506 3 68 .066 1.885
a. Predictors: (Constant), INFLASI, KURS, SUKUBUNGABI b. Dependent Variable: LSIP
Model Summaryb
Model
Change Statistics
Durbin-Watson R Square
Change F Change df1 df2 Sig. F Change
1 .433a 15.808 3 62 .000 1.972
a. Predictors: (Constant), INFLASI, KURS, SUKUBUNGABI b. Dependent Variable: TBLA
(9)
piran
10. Hasil Uji Normalitas
Correlations
AALI NILAITUKAR SUKUBUNGA INFLASI
AALI Pearson Correlation 1 .560** -.490** -.307**
Sig. (2-tailed) 0.40 .000 .000 .009
N 72 72 72 72
NILAITUKAR Pearson Correlation .560** 1 -.783** -.403**
Sig. (2-tailed) .000 .000 .000
N 72 72 72 72
SUKUBUNGA Pearson Correlation -.490** -.783** 1 .761**
Sig. (2-tailed) .000 .000 .000
N 72 72 72 72
INFLASI Pearson Correlation -.307** -.403** .761** 1
Sig. (2-tailed) .009 .000 .000
N 72 72 72 72
**. Correlation is significant at the 0.01 level (2-tailed).
Correlations
LSIP INFLASI SUKUBUNGABI KURS
LSIP Pearson Correlation 1 .082 .194 -.306**
Sig. (2-tailed) 0.248 .0096 .003 .009
N 72 72 72 72
INFLASI Pearson Correlation .082 1 .761** -.403**
Sig. (2-tailed) .0096 .000 .000
N 72 72 72 72
SUKUBUNGABI Pearson Correlation .194 .761** 1 -.783**
Sig. (2-tailed) .003 .000 .000
N 72 72 72 72
KURS Pearson Correlation -.306** -.403** -.783** 1
Sig. (2-tailed) .009 .000 .000
N 72 72 72 72
(10)
Correlations
TBLA KURS
SUKUBUNGAB
I INFLASI
TBLA Pearson Correlation 1 .567** -.209 -.117
Sig. (2-tailed) .000 .092 .348
N 66 66 66 66
KURS Pearson Correlation .567** 1 -.783** -.403**
Sig. (2-tailed) .000 .000 .000
N 66 72 72 72
SUKUBUNGABI Pearson Correlation -.209 -.783** 1 .761**
Sig. (2-tailed) .092 .000 .000
N 66 72 72 72
INFLASI Pearson Correlation -.117 -.403** .761** 1
Sig. (2-tailed) .348 .000 .000
N 66 72 72 72
**. Correlation is significant at the 0.01 level (2-tailed). Correlations
UNSP KURS SUKUBUNGABI INFLASI
UNSP Pearson Correlation 1 -.378** .557** .289*
Sig. (2-tailed) .001 .000 .014
N 72 72 72 72
KURS Pearson Correlation -.378** 1 -.783** -.403**
Sig. (2-tailed) .001 .000 .000
N 72 72 72 72
SUKUBUNGABI Pearson Correlation .557** -.783** 1 .761**
Sig. (2-tailed) .000 .000 .000
N 72 72 72 72
INFLASI Pearson Correlation .289* -.403** .761** 1
Sig. (2-tailed) .014 .000 .000
N 72 72 72 72
**. Correlation is significant at the 0.01 level (2-tailed). *. Correlation is significant at the 0.05 level (2-tailed).
(11)
Correlations
SGRO KURS SUKUBUNGABI INFLASI
SGRO Pearson Correlation 1 .496** -.270* -.132
Sig. (2-tailed) .000 .027 .286
N 67 67 67 67
KURS Pearson Correlation .496** 1 -.783** -.403**
Sig. (2-tailed) .000 .000 .000
N 67 72 72 72
SUKUBUNGABI Pearson Correlation -.270* -.783** 1 .761**
Sig. (2-tailed) .027 .000 .000
N 67 72 72 72
INFLASI Pearson Correlation -.132 -.403** .761** 1
Sig. (2-tailed) .286 .000 .000
N 67 72 72 72
**. Correlation is significant at the 0.01 level (2-tailed). *. Correlation is significant at the 0.05 level (2-tailed).
(12)
Lampiran 11. Hasil Uji Normal Prabability Plot
(13)
(14)
(15)
(1)
93
Correlations
TBLA KURS
SUKUBUNGAB
I INFLASI
TBLA Pearson Correlation 1 .567** -.209 -.117
Sig. (2-tailed) .000 .092 .348
N 66 66 66 66
KURS Pearson Correlation .567** 1 -.783** -.403**
Sig. (2-tailed) .000 .000 .000
N 66 72 72 72
SUKUBUNGABI Pearson Correlation -.209 -.783** 1 .761**
Sig. (2-tailed) .092 .000 .000
N 66 72 72 72
INFLASI Pearson Correlation -.117 -.403** .761** 1
Sig. (2-tailed) .348 .000 .000
N 66 72 72 72
**. Correlation is significant at the 0.01 level (2-tailed).
N 72 72 72 72
KURS Pearson Correlation -.378** 1 -.783** -.403**
Sig. (2-tailed) .001 .000 .000
N 72 72 72 72
SUKUBUNGABI Pearson Correlation .557** -.783** 1 .761**
Sig. (2-tailed) .000 .000 .000
N 72 72 72 72
INFLASI Pearson Correlation .289* -.403** .761** 1
Sig. (2-tailed) .014 .000 .000
N 72 72 72 72
**. Correlation is significant at the 0.01 level (2-tailed). *. Correlation is significant at the 0.05 level (2-tailed).
(2)
Correlations
SGRO KURS SUKUBUNGABI INFLASI
SGRO Pearson Correlation 1 .496** -.270* -.132
Sig. (2-tailed) .000 .027 .286
N 67 67 67 67
KURS Pearson Correlation .496** 1 -.783** -.403**
Sig. (2-tailed) .000 .000 .000
N 67 72 72 72
SUKUBUNGABI Pearson Correlation -.270* -.783** 1 .761**
Sig. (2-tailed) .027 .000 .000
N 67 72 72 72
INFLASI Pearson Correlation -.132 -.403** .761** 1
Sig. (2-tailed) .286 .000 .000
N 67 72 72 72
**. Correlation is significant at the 0.01 level (2-tailed). *. Correlation is significant at the 0.05 level (2-tailed).
(3)
95
Lanjutan 11.
(4)
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97
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