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Journal : Journal of Accounting, Management and Islamic Economics

PENGARUH INFLASI, NILAI TUKAR, PRODUK DOMESTIK BRUTO, DAN PERTUMBUHAN PERUSAHAAN TERHADAP RETURN SAHAM PERUSAHAAN INDUSTRI KIMIA, FARMASI, DAN OBAT TRADISIONAL PERIODE 2016 – 2021 Permatasari, Alisyah; Sulistyowati, Sulistyowati
Journal of Accounting, Management and Islamic Economics Vol. 2 No. 2 (2024): Journal of Accounting, Management, And Islamic Economics, Volume 02, No. 02, De
Publisher : Ibs Press

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Abstract

The result of stock investing is the stock return. Stocks are one of the financial vehicles that investors are interested in due to its propensity to produce significant returns while also posing hazards. Investors must make reasonable decisions before investing by acquiring knowledge from both the internal (microeconomic) and exterior (macroeconomic) domains. Thus, the purpose of this research is to investigate the macroeconomic effects represented by inflation, exchange rates, and GDP, as well as the microeconomics represented by corporate growth. The sample used a purposive sampling technique and included 26 enterprises, including 6 pharmaceutical and traditional medicine companies and 20 chemical companies. using a 6-year study period. Panel data regression was employed as the analytical tool in this study, which was processed using Eviews 12. The results revealed that the inflation variable had a considerable negative effect on stock returns, whereas the exchange rate, GDP, and company growth factors had no effect. At the same time, the variables Inflation, Exchange Rate, GDP, and Company Growth all have an impact on stock returns. The study's findings have consequences for the government, businesses, and investors seeking to ensure the independence of the domestic health ecosystem.Keywords: Input Innovation, Process Innovation, Product Innovation, Organizational Innovation, Productivity and Company Performance.
Co-Authors A Yachya, A Yachya Abdul Wahid Abdullah, Mu'in Adhi Purba, Ilyas Adikusuma, Rahmatullah Wirya Adityawan, Tofan Adjie Pambudi, Vito Pria Afifah, Hurotun Ahmad Taufiq Ahmad Yasin, Ahmad Ahwan Fanani Ainna Ningrul Ainul Arifin, Nuril Aji, Bimantoro Bayu Ajijah, Salsabilla Johan Akhdzulhijah, Akhdzulhijah Ala’uddin, M. Alimin Alimin, Alimin Amalia Anjani Arifiyanti Amalia, Listiati Amalina, Hana Amrullah Amrullah Anam, Choiril Andarista, Winna Shella Andi Sunyoto ANDI WIJAYA Andrianto, Okky Andy Rachman Anggraini, Milda Anwar Sodik, Anwar Anwar, Eva Naulia Aprilia, Elsa Rizki Ardiansyah, Ahmad Laskar Putra Arif Effendi, Arif Arsala, Taufiq Arywidyatama, Novantio Atin Supriatin, Atin Aulia Azizah Ayadilah, Sri Ayu, Ayu Azdy, Rezania Agramanist Azzahro, Syifa Badriyah, Leni Baitulloh, Sabit Bambang Cahyono Bambang Suryono, Bambang Bari, Muhammad Umar Al Basya, Maziya Mazza Budanis Dwi Meilani BUDI SETIAWAN Chusnah, Flourien Nurul Citra Y, Norita Daru Winarti, Daru Devvy Rusli Dewi Nadya Maharani Dori Jasrianto, Dori Edy Santoso Eka Yuliana Elly Natalina Emilia Emilia Endah Fauziningrum, Endah Esmayanti, Ratna Fachrizal Fachrizal, Fachrizal Fahmi, Mohammad Naufal Fahrudin, Hanif Fahrurrozi, Nanang Faisal, Mochamad Farel Yosua Sualang Farida, W. R. Farida, W. R. Fariz, Rifqi Fajrul Fathurrochman, R Mufid Fatuh Widoyo, Agus Ferdiansyah, M. Anandi Ferliyyana, Navilla Fidiana, Fidiana Fitri Handayani Fitriah Fitriah Fitriyah, Elok Giarno Giarno Gias, Muhammad Gusti Bintang Maharaja Hadma Yuliani Hamada Zein Hanifah, Nooratry Harmia, Citra Dewi Hartoyo*, Rudi Hasan, Ferdi Hendarko, Sriani Hendoyo, M Fajar Hidayat, Achmad Arly Hidayati, Rani Nurul Hidayatullah Hidayatullah Husin, Umar I Dewa Putu Wijana Ibrahim Rahmat Ikroiyani, Safira Indri Palindangan Insani, Putra Aulia Iskandar, Ali Ivany, Zulkarnain Jayaprawira, Acep R. Julianto Lemantara Kafi, Nur Holis Kertati Sumekar Ketherin, Basma Eno Khadafi, Shah Kharisma, Dhimas Dhesah Khusnul Khatimah Kinasih, Pertiwi Kristianto, Pascal Brilliandy Kristiyanto, Kristiyanto Kundori Kurniawati, Siti Ria Kusnul, Kusnul Lailla Hidayatul Amin Latifah, Yunita Shindi Leenawaty Limantara Lili Rusdiana, Lili Lilik Bintartik Lubis, Windi Nitasya Lusia Astrika M. Syabrina Maghfirotuna'imah, Mirda Mahama, Salmee Maharaja, Gusti Bintang Maharani, Dewi Nadya Mahmudah, Istiyati Manoppo, Hanifa Putri Mardiko, Ilham Agus Mardiyah, Shofiyah Abidatul Marjuki, Ahmad Mas Subagyo Eko Prasetyo, Mas Subagyo Eko Mastoah, Siti Maulida, Lutfia Maulida, Tasya Maulidati, Zuli Ma’ruf, Amir Meiny Suzery Minarto, Dian Mualimin Mualimin Mudah, Mah Muhammad Abrar Muhammad Hidayat Muharom, Faqihudin Muhima, Rani Rotul Mukti, Fajar Ali Mulatsih, Retno Mulyaningtyas, Ratna Dewi Munawwaroh, Siti Munif, Muhammad Muriawan, Adji Musrifah, Atikah Muthahari, Fairuz Abadi Nafi’ah, I. Nafi’ah, I. Najih, Ainun Nanang Fakhrur Rozi Nazli, Nazli Nessya, Nessya Ningsih, Indri Widia Nor Afni, Nor Afni Norhalizah, Norhalizah Norhayati Norhayati, Norhayati Norliana Norliana Nur Azizah, Ummi Nur Indah Rofiqoh, Siti Nurhadi, Slamet Nurhandini, Hilmi Nurmala Ahmar Nurul CH, Florine Nurul Hikmah Otong Rosadi P, Novilia Pakarbudi, Adib pamungkas, wardana galih Permatasari, Alisyah Pertiwi, Ratna Rahayu Pohan, Tassya Aulya Prakoso, Imam Prasetyo, Bagus Eko Prasetyo, Gilang Tegar Pratama Sandi Alala Pratiwi, Yesina Prihananda, Raafi Puji Rahayu Putra, Iqbal Rangga Putra, Muhammad Syahrur Ramdhani Putri Handayani Putri Kurniasih Putri, Rahmi Rizkiana Putri, Rezky Amelia R. G. PRATAS Rachman Arief, Rachman Raditya Sukmana Rahmad Rahmad Rahmah, Zakiyah Zulfa Rahman, Andi Asriyani Rahmat Iswanto, Rahmat Rahmawati, Marini Fitri ramadhan, Ichsan Ridha, Muhammad Paqih Ririn Tri Ratnasari Robertus, Benny Hermawan Roesjanto, Roesjanto Rofiqoh, Siti Nur Indah Rohmah, Annisa Rohmanita Duanaputri Roikhan Mochamad Aziz, Roikhan Mochamad Roni, Roni Rudi Setiawan Ruli Utami, Ruli Salsabila, Unik Hanifah Samekto, Agus Aji Sapuadi, Sapuadi Sari, Anita Maika Sari, Riska Imelda Sari, Widya Ratna Septikasari, Resti Setiawan, Permadi Setiawan, Permadi Setria Utama Rizal Sherly Jayanti Sholeh, Makherus Shulhi, Muhammad Ibda’u Sigit, N. Sigit, N. Siti Jubaidah, Siti Siti Rohimah Siwi, Galih Raga Solikhah Solikhah Sri Enggar Kencana Dewi Sri Hidayati Sri Mulyani Sri Sumantri, Andar Sri Warsini Subarkah Subarkah Suci, Nining Suhadi Suhadi Sukatin, Sukatin Sukresno Sukresno Sulistyowati, Riny Sumantri, Andar Sri Sumarna Sumarna Suparnyo Suparnyo Suprati, Diana Supriati, Diana Supriyanto Supriyanto Surahmat Surahmat, Surahmat susila, ika prima Syabrina, Muhammad Syahmidi Syahmidi, Syahmidi Syaidrawan, Syaidrawan Syamsuri Syar, Nur Inayah Syarifuddin, Akhmad Tan Amelia Tata Wedha Hutama, Tata Wedha Tuzaka, Eliya Ulfah, Lisa Ariska Ulfah, Lisa Ariska Utari Azim, Nur Santriani Uttungga, Resa Viki Bayu Mahendra Wahyu Widodo Wahyudi, Dimas Dwi Wibawa, Iskandar Wibowo, Laksono Wicaksono, Januar Cahyo Wijaya Putra, Mario Wulandari, Intan Kusuma Yuni Safitri yunus, Ahmad iqbal yunus, Ahmad iqbal Zafar, Eki Muhammad Zailani, Muhammad Qoolili Zaitun Qamariah, Zaitun