文章基本信息

标题：Analysis of the Effect of Profitability Ratio, Solvency Ratio, Market Value Ratio, Inflation, and Exchange Rate on Stock Return (Case Study of the Agriculture Sector on the IDX from 2016 to 2019)
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作者：Muhammad Iqbal Saddam Pratama ; Tony Seno Aji ; Andre Dwijanto Witjaksono 等
期刊名称：International Journal of Multicultural and Multireligious Understanding
电子版ISSN：2364-5369
出版年度：2022
卷号：9
期号：3
页码：166-175
DOI：10.18415/ijmmu.v9i3.3601
语种：English
出版社：International journal of multicultural and multireligious understanding
摘要：The agriculture sector plays a significant function in the Indonesian economy, primarily as a food-producing sector, generating jobs for employees in this area, and one of the sources of foreign exchange for the country. This study aims to analyze the influence of Return on Equity (ROE), Debt to Equity Ratio (DER), Price Book to Value (PBV), inflation and Exchange Rate (ER) on stock returns. The population of this research are companies in the agriculture industry. The sampling approach employed in this research is purposive sampling method. This study analysis tool employs Partial Least Square. The results of this study reveal that inflation and Exchange Rate (ER) have a negative effect on stock returns, whereas Return on Equity (ROE), Debt to Equity Ratio (DER), Price Book to Value (PBV) has no effect on stock returns. For investors, those who wish to invest in the agriculture industry must look at Indonesia's macroeconomic conditions, specifically inflation and the exchange rate.
关键词：Return on Equity (ROE);Debt to Equity Ratio (DER);Price Book to Value (PBV);Inflation;Exchange Rate (ER);Stock Returns