| dc.description.abstract | Food and beverage establishments were those which were one of company not under
the impact of global crisis, leading to static level in their stock. As such, they did not undergo
any change in the resultant stock return. In analyzing stock return, this research was limited
to probing the information pertinent to companies’ fundamentals, which were germane to
macro-economic situation as indicated by inflation and interest rate. Carried out in
quantitative setting, the research taking secondary data related to inflation, the interest rate
of Bank of Indonesia, and the data of stock return belonging to food and beverage
companies. The research data were analyzed through multi-linear regression analysis. The
research finding corroborated that inflation did not yield significant impact on companies’
stock return, with t value outnumbering error margin value, which was 0,451>0,05. On the
other hand, the interest rate created significant influence on the stock return under
investigation, with t value outnumbered by error margin value, which was 0,005<0,05.
Simultaneously, inflation and the rest of interest exerted significant influence on the stock
return of beverage and food companies, with a value of 0,001<0,05. | en_US |
