Determining Factors for Stock Price Trends in Plantation and Food Crops Subsector Companies That are Members of ISSI
This study aims to analyze the influence of company fundamental variables and macroeconomic variables on the development of stock prices in the agricultural sector that are members of the Indonesian Sharia Stock Index (ISSI) in 2013-2022. The method of this research is explanatory research, which is quantitative with a multiple regression data regression approach. The results of the study show that Net Profit Margin, Current Ratio, Price Book Value, Price Earning Ratio, and Dividend per Share have a significant effect on stock prices. Meanwhile, the variables Return on Equity, Inflation, BI Rate, Rupiah Exchange Rate, and Green Investment did not have a significant effect on stock prices. This research emphasizes the importance of macroeconomic stability and company profitability in determining stock price movements. Therefore, investors and policymakers need to consider these factors in making investment decisions. Further research is suggested to expand the scope of variables and research periods to obtain a more comprehensive understanding.
Authors
- Muhammad Yazid (ORCID: https://orcid.org/0000-0001-9540-2923)
- Desi Aryani
- Haramain Azzahra
Publication Details
- Journal
- Jamanika (Jurnal Manajemen Bisnis dan Kewirausahaan)
- Published
- 2025-03-01
- DOI
- https://doi.org/10.22219/jamanika.v5i1.39843
- Primary Topic
- Firm Innovation and Growth
- Type
- article
- Field-Weighted Citation Impact
- 0.00