Detail Inovasi Perguruan Tinggi


Tema: Manajemen
Judul: The Influence of Macroeconomic Factors Upon Stock Price: The Case of Real Estate and Property Companies
Perguruan Tinggi: Universitas Presiden
Jenis/sdm: dosen/0418077102

Tahun: 2017

This research essentially aims to examine the extent to which macroeconomic factors (including interest rate, inflation rate, exchange rate, and GDP growth rate) have a positive influence on stock price and the level of significance for that influence. The researchers focused more on real estate and property companies that are listed on the Indonesian Stock Exchange, with consideration for the stock price of real estate and property companies listed on the Indonesia Stock Exchange (IDX) as the most volatile stock during those years (and its market capitalization was the largest during 2012). This study finds that interest rate, inflation rate, exchange rate, and GDP growth rate, as composite variables, have a significant influence on stock price. A partial test revealed that interest rate, inflation rate, and exchange rate have significance on stock price, while GDP growth rate is found to be nonsignificant.