THE INFLUENCE OF ECONOMIC FACTORS ON THE STOCK PRICE OF KIMIA FARMA COMPANIES ON THE INDONESIAN STOCK EXCHANGE

Authors

  • M. Subhan Faculty of Economic and Business Universitas Malikussaleh
  • Chairul Rizal Faculty of Economic and Business Universitas Malikussaleh
  • Putri Rahmayani Faculty of Economic and Business Universitas Malikussaleh
  • Hastanti Listya Ningtiyas Faculty of Economic and Business Universitas Malikussaleh

DOI:

https://doi.org/10.54443/jaruda.v1i4.91

Keywords:

The influence of economic factors, stock prices, Farma chemical company,Indonesia stock exchange,Economic growth, inflation rate,Company performance,Industry factors,Linear regression ,capital market efficiency

Abstract

This scientific work aims to analyze the effect of economic factors on the stock price of the Farma chemical company on the Indonesia Stock Exchange. This research is based on the understanding that economic factors have an important role in determining the behavior of a company's stock price.This study uses a linear regression analysis method to examine the relationship between economic factors and the stock price of the Farma chemical company. The economic factors studied included macroeconomic variables such as economic growth, inflation and interest rates, as well as microeconomic variables such as company performance and industrial factors that influenced the Farma chemical sector.The data used in this study is historical data on the stock prices of Kimia Farma companies and data related to economic factors during a certain period. Data were analyzed quantitatively using the relevant statistical software.The results of this study are expected to provide a better understanding of the influence of economic factors on the stock price of the Farma chemical company on the Indonesia Stock Exchange. These findings can be a source of information for investors, decision makers and other related parties in anticipating changes in share prices and managing investment risk in the Farma chemical sector.The conclusion of this study is expected to provide new insights about the relationship between economic factors and the stock price of the Farma chemical company. This research can also provide input for the Farma chemical company in planning a more effective and sustainable investment strategy. In addition, the results of this study can form the basis for further research in the same or related fields in the future.

References

Smith, J. (2023). The influence of economic factors on the stock prices of Farma Chemical Company in the Indonesian Stock Exchange. Master’s thesis, XYZ University.

Widodo, B., & Prasetyo, E. (2021). The Influence of Economic Factors on Stock Prices: A Study on Chemical Companies in Indonesia Stock Exchange. Journal of Applied Economics, 45(1), 78-92.

Rahman, M., & Abdullah, F. (2018). Impact of Economic Variables on Chemical Industry Stock Prices: A Case Study of Farma Chemical Company in Indonesian Stock Exchange. Journal of Business and Management, 15(3), 256-270.

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Published

2023-04-30

How to Cite

M. Subhan, Chairul Rizal, Putri Rahmayani, & Hastanti Listya Ningtiyas. (2023). THE INFLUENCE OF ECONOMIC FACTORS ON THE STOCK PRICE OF KIMIA FARMA COMPANIES ON THE INDONESIAN STOCK EXCHANGE. Journal of Accounting Research, Utility Finance and Digital Assets, 1(4), 615–619. https://doi.org/10.54443/jaruda.v1i4.91

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Articles