Analysis of the Influence of Financial Performance and Exchange Rates on Share Prices in Manufacturing Companies Listed on the IDX 2018-2021
DOI:
https://doi.org/10.31328/cebi.v3i1.422Keywords:
HDI, Education and Health Index, , Labor Force, PopulationAbstract
This study aims to find out how financial performance and exchange rates affect stock prices in manufacturing companies listed on the IDX in 2018 – 2021. The data used in this study uses panel data with time series for the last four years. The best regression results use fixed effect models. The results showed that the variable Current ratio, Debt to equity ratio, Price earning ratio had a positive and insignificant effect while Return on equity was significant and the exchange rate had a negative but not significant effect on stock prices in manufacturing companies listed on the IDX . This study aims to find out how financial performance and exchange rates affect stock prices in manufacturing companies listed on the IDX in 2018 – 2021. The data used in this study uses panel data with time series for the last four years. The best regression results use fixed effect model. The results showed that the variables Current ratio, Debt to equity ratio, Price earning ratio had a positive and insignificant effect while Return on equity was significant and the exchange rate had a negative but not significant effect on stock prices in the company
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