The effect of micro economic and macro economic variables on stock return in agricultural companies listed on Indonesia stock exchange

Wijaya, Sylvia (2019) The effect of micro economic and macro economic variables on stock return in agricultural companies listed on Indonesia stock exchange. Bachelor thesis, Universitas Pelita Harapan.

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Abstract

The main purpose of this study is to analyze the effect between micro economic variables on stock return and to analyze the effect between macroeconomic variables on stock return in agricultural companies that are listed on Indonesia Stock Exchange (IDX). The proxy for micro economic variables are ROE, DER, and EPS. Furthermore, the proxy for macroeconomic variables are inflation, exchange rate, and BI rate. The type of data used in this research is quantitative data sourced from the official website of Indonesia Stock Exchange (IDX), Bank Indonesia (BI), and Badan Pusat Statistik (BPS). The number of samples used in this research is collected from seven agricultural companies within the period of year 2014-2018. The data analysis technique employed is the multiple linear regression analysis. The results of this research prove that ROE and inflation has a positive and significant effect towards stock return. Meanwhile, DER, EPS, exchange rate, and BI rate are proven to have no significant effect on stock return.

Item Type: Thesis (Bachelor)
Creators:
CreatorsNIMEmail
Wijaya, SylviaNIM1501010056s00000014562@student.uph.edu
Contributors:
ContributionContributorsNIDN/NIDKEmail
Thesis advisorHendrayanti, Christina ApriliaUNSPECIFIEDUNSPECIFIED
Uncontrolled Keywords: stock return; micro economic; macroeconomic; return on equity; debt to equity; earnings per share; inflation; exchange rate; BI rate
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: University Subject > Current > Faculty/School - UPH Medan > Business School > Accounting
Current > Faculty/School - UPH Medan > Business School > Accounting
Depositing User: Users 14734 not found.
Date Deposited: 22 Jun 2021 09:38
Last Modified: 13 Jan 2022 08:51
URI: http://repository.uph.edu/id/eprint/36066

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