Pengaruh Suku Bunga Sbi, Nilai Tukar Rupiah, Dan Inflasi Terhadap Kinerja Keuangan Perusahaan Sebelum Dan Sesudah Privatisasi (Studi Kasus Pada PT. Telekomunikasi Indonesia, Tbk)

Abstract

This study aims to determine the various factors that affect the company's financial performance. The factors that influence was represented by the SBI Interest Rates, Exchange Rate of Rupiah, and Inflation. While the financial performance of the sampled companies were PT. Telekomunikasi Indonesia, Tbk before and after privatization. Method of data analysis used in this study is the analysis of Multiple Linear Regression and Tests for Two Sample Paired (Paired Sample T-Test). Dependent variable from this research is financial performance (ROA, ROE and NPM) PT. Telekomunikasi Indonesia, Tbk, and the independent variables of this research is SBI interest rate, exchange rate of rupiah, and inflation. Results of analysis showed that prior to privatization of the company, only partially Interest Rates variables that affect the company's financial performance, while the variable Rupiah Exchange Rate and Inflation does not affect the company's financial performance After privatization the company shows that the partial variable Interest Rates and Inflation effect on corporate financial performance, and only the rupiah exchange variables that do not affect the company's financial performance. Simultaneously on the test before and after the privatization of the company show that among all the independent variables (Interest Rates, Exchange Rate of Rupiah, and Inflation) significantly influence the dependent variable (the company's financial performance). Based on Paired Sample T-Test, there was no significant difference between the company's financial performance before and after privatization. Thus it can be said that privatization does not affect the company's financial performance significantly.