Journal of Economics Research and Policy Studies
Vol. 2 No. 2 (2022): Journal of Economics Research and Policy Studies

Analisis pengaruh kinerja keuangan dan variabel makroekonomi terhadap Indeks Saham Syariah Indonesia

Arifudin, Royan (Unknown)
Rofiuddin, Mohammad (Unknown)



Article Info

Publish Date
30 Aug 2022

Abstract

The condition of the Islamic capital market in Indonesia continues to improve, resulting in an increasing number of investors. Investors were interested in investing pay attention to various factors, both financial performance and macroeconomic factors. Good financial conditions and positive macroeconomic factors support investment, affecting the stock index. This study aims to determine the effect of financial performance and macroeconomic factors on the Indonesian Sharia Stock Index. The data used include the current ratio, debt-to-equity ratio, return on equity, inflation, exchange rates, interest rates, and the Indonesian Sharia Stock Index. The method used to measure the effect of the independent variable on the dependent is multiple linear regression. The results showed that the debt-to-equity and current ratios did not affect the ISSI index. While return on equity, inflation, and exchange rates, as well as BI7, affect the Indonesian Sharia stock index.

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Journal Info

Abbrev

jerps

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Economics Research and Policy Studies [2797-8141] is a scientific journal that contains the results of theoretical research and studies on economics issues. The focus of this journal article is Economics, Economic Entrepreneurship, and start-up, development economics, monetary and fiscal ...