Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal PARADUTA : Jurnal Ekonomi dan Ilmu-Ilmu Sosial
Sifa Nofiana Febrianti
Universitas Pamulang
Humanities Economics, Econometrics & Finance Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Pengaruh Inflasi Dan Nilai Tukar Rupiah Terhadap Harga Saham Perusahaan Subsektor Properti Dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Periode 2020–2024 Sifa Nofiana Febrianti; Supatmin
Paraduta : Jurnal Ekonomi dan Ilmu-Ilmu Sosial Vol 4 No 2 (2026): Juni
Publisher : Universitas Madako Tolitoli

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56630/paraduta.v4i2.1755

Abstract

This study aims to analyze the effect of inflation and rupiah exchange rate on stock prices of property and real estate subsector companies listed on the Indonesia Stock Exchange (IDX) for the 2020–2024 period. This research employs a quantitative approach using panel data regression analysis of 25 sample companies over 5 years of observation, resulting in 125 observations. Model selection was conducted through the Chow Test, Hausman Test, and Lagrange Multiplier Test, yielding the Random Effect Model (REM) as the best model. The results indicate that partially, inflation has a positive and significant effect on stock prices (t-count = 4.069260 > t-table = 1.97960; sig. = 0.0001 < 0.05), while the rupiah exchange rate has no significant effect (t-count = 0.494633 < t-table = 1.97960; sig. = 0.6217 > 0.05). Simultaneously, inflation and the rupiah exchange rate significantly affect stock prices (F-count = 10.26438 > F-table = 3.07; sig. = 0.000076 < 0.05). An Adjusted R-squared of 13.00% indicates that both variables explain 13.00% of the variation in stock prices, while the remaining 87.00% is influenced by other variables.
Co-Authors Supatmin