PERAN PASAR MODAL BAGI PEMBANGUNAN EKONOMI DI INDONESIA

The role of the capital market as a source of corporate funding which has implications for the country's economy is not only an alternative but has been able to become the main source of funding. Funds offered in the capital market through several corporate actions such as initial public offerings, rights issues, issuance of bonds, derivatives and mutual funds each year are considered to be far more efficient than the funding obtained by the company from bank loans. Especially when the inflation trend increases which indirectly affects bank lending rates. The number of companies that registered initial issues, rights issues, bonds and other funding sources in the capital market, which were raised through corporate actions, recorded significant results every year. Although there are comparative fluctuations, one of which is influenced by the economy at home and abroad, every year this does not dampen the interest of the company to continue to obtain funding in the capital market