Detail Inovasi Perguruan Tinggi


Tema: Makroekonomi
Judul: Model The Influence Of Macroeconomic Factors On Stock Price: The Case Of Real Estate And Property Companies
Perguruan Tinggi: Universitas Presiden
Jenis/sdm: dosen/0418077102

Tahun: 2019

The capital market is one of the most important factors in the development of the Indonesian economy and it is used by many companies as a medium to absorb investment. The instability of Indonesian’s monetary condition which is reflected by interest rate, inflation rate, exchange rate and GDP growth rate has caused economic chaos in Indonesia during 2013. This research essentially aims to examine macroeconomic factors including: interest rate, inflation rate, exchange rate and GDP growth rate have positive influence on stock price and how significant the influence is. The researcher put more focus on real estate and property companies which are listed in Indonesia Stock Exchange for the period 2010 - 2013 with consideration the stock price of real estate and property companies listed in IDX is the most volatile stock during those year and its market capitalization was the largest during 2012. This study found that all interest rate, inflation rate, exchange rate and GDP growth rate as a composite variable have significant influence towards stock price. As the result of partial test revealed that interest rate, inflation rate and exchange rate have significance towards stock price while GDP growth rate is found to be insignificant.