The Effect of Internal Factor and External Factor towards Beta and Stocks Returns in the Real Estate Company in Indonesia Stock Exchange

DOI

10.2991/miceb-17.2018.35How to use a DOI?

Keywords

beta; stock return; financial performance; inflation; exchange rates; interest rates

Abstract

This research was done with the aim to test and analyze internal and external factors regarding beta and return stock. The internal factors are Dividend Payout Ratio, Asset Growth, Debt to Equity Ratio, Current Asset, Asset Size, Price Earnings Ratio and Return on Asset. Whereas the external factors are inflation, interest rate and exchange rate. Statistic tool which was used to support the calculation is Amos, namely using SEM (Structural Equation Model). The samples used were 21 real estate companies, while samples selection used purposive sampling method. The research was carried out with 105 data from 2008 to 2012. The result of the research showed that internal factors are directly and significantly influence beta stocks, external factors are neither directly nor significantly influence beta stock, internal factors are neither directly nor significantly influence return stocks, external factors are neither directly nor significantly influence return stock, beta stock are directly and significantly influence return stocks, internal factors are not affect directly to stock return through beta stock and external factors are neither directly nor significantly influence stock return through beta stock.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Catur Kumala Dewi
AU  - Masithoh Rina
PY  - 2017/10
DA  - 2017/10
TI  - The Effect of Internal Factor and External Factor towards Beta and Stocks Returns in the Real Estate Company in Indonesia Stock Exchange
BT  - Proceedings of the Mulawarman International Conference on Economics and Business (MICEB 2017)
PB  - Atlantis Press
SP  - 226
EP  - 235
SN  - 2352-5428
UR  - https://doi.org/10.2991/miceb-17.2018.35
DO  - 10.2991/miceb-17.2018.35
ID  - Dewi2017/10
ER  -