STOCK RETURN DETERMINANTS FOR COMPANY LISTED IN BUSINESS-27 INDEX

Penulis

  • Lilis Susilawaty Universitas Bunda Mulia
  • Ika Pratiwi Simbolon Universitas Bunda Mulia
  • Stephanie Laurensia Universitas Bunda Mulia

DOI:

https://doi.org/10.31937/manajemen.v16i1.3485

Abstrak

Abstract-This paper investigates the effect of firm size, Bank Indonesia's 7-days reverse repo rate and foreign exchange reserves on the stock return of companies listed in Business-27 Index by using multiple regression analysis. Based on the findings of this study, all of the independent variables have significant effect on the stock return both partially and simultaneously. The findings of this study are expected to help investors make appropriate investment decisions for investing in stocks. This study has several limitations, there's no study of external (foreign) factors as independent variables, or stock returns of other countries such as developed countries. Researchers who want to conduct research with the same topic are expected to use other variables more specific to stock returns. It is hoped that further research will more focus on other factors that can affect stock returns.

Keywords: BI 7-Day Reverse Repo Rate; Firm Size; Foreign Exchange Reserves; Stock Return

Unduhan

Data unduhan belum tersedia.

Unduhan

Diterbitkan

2024-06-30

Cara Mengutip

Susilawaty, L., Simbolon, I. P., & Laurensia, S. (2024). STOCK RETURN DETERMINANTS FOR COMPANY LISTED IN BUSINESS-27 INDEX. ULTIMA Management, 16(1), 80–90. https://doi.org/10.31937/manajemen.v16i1.3485

Terbitan

Vol 16 No 1 (2024): Ultima Management : Jurnal Ilmu Manajemen

Bagian

Artikel

Lisensi

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike International License (CC-BY-SA 4.0) that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.