ANALISIS PENGARUH VARIABEL MAKROEKONOMI TERHADAP RETURN SAHAM SYARIAH DI INDONESIA [JURNAL]

Chairul Nazwar - Dosen Fakultas Ekonomi USU

Abstract: The purpose of this study is to know the effect of macroeconomic
variables on return of syariah stock in Indonesia. The samples of the study are 22
firms listed in BEI with quarterly data from 2000:01 – 2006:04, by using Ordinary
Least Square (OLS) Method and apply the panel data to estimate the impact of
macroeconomic variables on return of syariah stock in Indonesia. The result of
study indicated that both SBI and Economic Growth significantly effect on Return
on syariah stock in Indonesia.

Keywords: macroeconomic variables, return and of syariah stock

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