Dinasti International Journal of Education Management and Social Science
Vol. 5 No. 5 (2024): Dinasti International Journal of Education Management and Social Science (June

The Effect Of Inflation, Exchange Rate, Bi Rate And Sbm Commodity Prices Moderated By Profitability On The Value Of Companies In The Animal Feed Sub-Sector Industry On The Indonesia Stock Exchange In 2017-2022

Suryawan, Noviadi (Unknown)
Dasman, Sunita (Unknown)
Nurastuti, Preatmi (Unknown)



Article Info

Publish Date
06 Jul 2024

Abstract

This study investigates the effect of inflation, exchange rate, BI rate, and SBM commodity prices moderated by profitability on the value of companies in the animal feed sub-sector industry listed on the Indonesia Stock Exchange from 2017 to 2022. Using quantitative methods and Eviews for data analysis, the study tests eight hypotheses to determine the relationships and moderating effects. The results show no significant effect of inflation on PBV, a significant negative effect of exchange rate on PBV, a significant positive effect of the BI rate on PBV, and a significant positive effect of SBM commodity prices on PBV. Moreover, the interaction between inflation and profitability shows a significant negative effect on PBV, while the interactions between exchange rate and profitability, and SBM commodity prices and profitability, show no significant effects. The interaction between BI rate and profitability shows a significant positive effect on PBV. These findings provide insights into the dynamics of macroeconomic variables and company value in the animal feed sub-sector, suggesting avenues for further research and implications for policy and investment strategies.

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Journal Info

Abbrev

DIJEMSS

Publisher

Subject

Education

Description

Dinasti International Journal of Education Management and Social Science (DIJEMSS) is the scientific journal of educational and social science research published since 2019 by Dinasti Publisher. Dinasti International Journal of Education Management and Social Science (DIJEMSS) articles which ...