Analysis to the Effect of Return on Equity, Interest Rate, Exchange Rate, and Inflation toward Stock Price on Property and Real Estate Industries Listed In Indonesian Stock Exchange (Idx) Period of 2009-2015

Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2018, Vol 9, Issue 3

Abstract

This research aims to know simultaneously and partially about the effect of Return on Equity, interest rate, exchange rate, and inflation variable toward stock price on property and real estate industries listed in Indonesia Stock Exchange (IDX) period of 2009-2015. Population in this research was property and real estate industries listed in Indonesia Stock Exchange (IDX) period of 2009-2015. Sample in this research was 4 property and real estate industries. Sample determination method used in this research was purposive sampling where the sample determination conducted based on certain requirements. Statistical method used in this research was simple and multiple regression method. The research result showed that Return on Equity, interest rate, exchange rate, and inflation variable simultaneously affected significantly to predict stock price that will be traded. Regression model resulted in this research is Y = - 2.723 + 7.269 X1 – 10.146 X2 +0,322 X3 + 3.370 X4. Partially, only inflation variable that has no significant effect to the stock price, while, Return on Equity, interest rate, and exchange rate variable have insignificant effect to the stock price.

Authors and Affiliations

Karnawi Kamar

Keywords

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  • EP ID EP414652
  • DOI 10.9790/5933-0903014655.
  • Views 165
  • Downloads 0

How To Cite

Karnawi Kamar (2018). Analysis to the Effect of Return on Equity, Interest Rate, Exchange Rate, and Inflation toward Stock Price on Property and Real Estate Industries Listed In Indonesian Stock Exchange (Idx) Period of 2009-2015. IOSR Journal of Economics and Finance (IOSR-JEF), 9(3), 46-55. https://europub.co.uk/articles/-A-414652