The Influence of Internal and External Factors on the Stock Price of Property & Real Estate Companies
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 07
Abstract
This study aims to examine the influence of internal factors and external factors on stock prices. Internal factors are measured by return on assets (ROA), earnings per share (EPS), debt to equity ratio (DER) and external factors are measured by inflation and interest rates, while the share price used is the closing price. This research uses 15 samples of property & real estate sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the 2018-2022 period. The sampling method used in this research is a purposive sampling technique and the type of data used is secondary data. The data analysis method used is the SEM Partial Least Square (PLS) approach, using PLS 3.3.9 software. The research results show that internal factors have a positive and significant effect on stock prices. Meanwhile, external factors have no effect on share prices. Testing of each indicator of DER, inflation and interest rates has no influence on stock prices; Meanwhile, ROA and EPS have a positive and significant influence on share prices in property & real estate sub-sector companies for the 2018-2022 period.
Authors and Affiliations
Herlina Rasjid , Hais Dama , Almain Kamba,
Keywords
Related Articles
- EP ID EP741322
- DOI 10.47191/jefms/v7-i7-87
- Views 29
- Downloads 0
The Decision to Use QRIS in UMKM is Seen from the Perceived Benefits and Perceived Ease of use with Intention as an Intervening Variable
This research aims to determine the influence of perceived benefits and perceived ease of use on the decision to use QRIS in UMKM with intention to use as a mediating variable. This research is quantitative research. The...
The Influence of Mutation, Compensation, and Promotion on the Motivation of Employees in the Ministry of Finance Jakarta with Turnover Intention as a Mediation Variable
Employees as part of Human Resources (HR) are called assets that play the most important role in achieving the goals of an institution. Employees are assets owned by an organization or institution, and many studies state...
Coronavirus Information Spread and Banks’ Stock Returns in Nigeria: An Event Study Approach
This research study empirically assessed the corona virus information spread and banks’ stock returns in Nigeria. The study adopted event study approach which suites the research because of its descriptive nature. The d...
E-Commerce Human Resource Development, International Experiences and Lessons for Vietnam
Human resource development (HRD) has become a concern and development strategy for many businesses because human resources are the resources capable of creating competitive advantages for businesses. To promote the devel...
Analysis of the Effect of Information Technology Development, Absorbility Capacity on MSMe Business Performance
Information technology absorption capacity is a factor that can affect business performance. The development of information technology can positively impact businesses to improve business performance. Absorption capacity...