Pengaruh Variabel Inflasi, Suku Bunga, dan Profitabilitas Terhadap Dinamika Harga Saham pada Perusahaan Perbankan
DOI:
https://doi.org/10.30640/jumma45.v5i1.6010Keywords:
Heteroscedasticity, Inflation, Interest Rates, Profitability, Stock PricesAbstract
The capital market, which offers a venue for investment activity and serves as a gauge of company success, is essential to sustaining economic development. A number of variables, such as internal business performance and macroeconomic circumstances, affect stock values, which are a crucial signal for investors. Examining how inflation, interest rates, and profitability affect banking businesses' stock values between 2021 and 2023 is the goal of this research. Using secondary data from official statistics sources and published yearly reports, this study takes a quantitative approach. Banking firms make up the population, and samples are chosen using a purposeful sampling method in accordance with predetermined criteria. The data is analyzed using multiple linear regression; conventional assumption tests, including those for heteroscedasticity, autocorrelation, multicollinearity, and normality, are performed first. The results of the research are expected to empirically support the notion that internal financial indicators like profitability and macroeconomic factors like inflation and interest rates impact changes in stock prices. The findings are expected to expand the corpus of information in the financial markets and provide useful advice to investors in their decision-making for company management in formulating strategies to improve firm value and maintain stock price stability.
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