The Influence of Inflation, Interest Rates, and Financial Performance on LQ45 Index Share Prices in 2019-2023

  • Nurul Jahidah Universitas Kuningan
  • Iqbal Arraniri Universitas Kuningan
  • Munir Nur Komarudin Universitas Kuningan
  • Adi Ilham Fauzan Universitas Kuningan
DOI: https://doi.org/10.61242/ijabo.24.411
Keywords: Inflation, Interest Rates, Financial Performance, Stock Prices

Abstract

This research aims to understand and analyze the effect of inflation on stock prices, the effect of interest rates on stock prices, and the effect of financial performance on stock prices. This study uses a quantitative method. The population in this study consists of companies listed on the Indonesia Stock Exchange and included in the LQ45 index for the years 2019-2023. The sample selection technique used is purposive sampling. Based on predetermined criteria, 21 companies were selected as samples in this study. The data used are secondary data, including inflation data, interest rates, company financial reports, and stock prices. The data collection techniques include non-participatory observation with documentation study and literature review. The data analysis techniques used are descriptive tests, classical assumption tests, panel data regression analyses, and hypothesis testing, with the analytical tool used being EVIEWS 12. The results of the study show that simultaneously, the variables of Inflation, Interest Rates, and Financial Performance have a significant effect on stock prices. Partially, the inflation variable does not affect stock prices, while the interest rate variable has a significant negative effect on stock prices, and financial performance has a significant positive effect on stock prices.

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Published
2024-08-14
How to Cite
Jahidah, N., Arraniri, I., Komarudin, M. N., & Fauzan, A. I. (2024). The Influence of Inflation, Interest Rates, and Financial Performance on LQ45 Index Share Prices in 2019-2023. International Journal Administration, Business & Organization, 5(2), 87-96. https://doi.org/10.61242/ijabo.24.411
Issue
Vol. 5 No. 2 (2024): IJABO
Section
Research Articles

Copyright (c) 2024 Nurul Jahidah; Iqbal Arraniri, Munir Nur Komarudin, Adi Ilham Fauzan

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