JURNAL EKSBIS
Vol 24 No 1 (2023): EKBIS (Jurnal Analisis, Prediksi dan Informasi

Effect of Internal and External Factors on Stock Price in Companies That Conduct Rights Issue

Riyanto, Feri Dwi (Unknown)
Habibie, Ahmad Farhan (Unknown)



Article Info

Publish Date
22 Sep 2023

Abstract

This study aims to provide empirical evidence regarding the influence of internal factors (Rights issue, total assets, total liabilities) and external factors (world oil price, world gold price, exchange rate, fed interest rate) on stock prices in the capital market. This study used companies that conducted a Rights issue and were listed on the Indonesia Stock Exchange (IDX) from 2015 to 2021 with a total sample of 63 companies. The research method used is in the form of Generalized Least Square (GLS) analysis with white period weighting. Based on the results of each test, the study found that: 1) world oil prices have a significant influence on stock prices; 2) the Rights issue, exchange rate and interest rate of the Fed have a significant negative influence on the stock price; 3) total assets, total liabilities, and world gold price have no effect on stock prices.

Copyrights © 2023






Journal Info

Abbrev

ekbis

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekbis : Jurnal Analisis,Prediksi dan Informasi Universitas Islam Lamongan dengan nomor terdaftar ISSN 1979-746X (cetak) dan ISSN 2621-4210 (online) adalah jurnal akses terbuka ilmiah yang diterbitkan oleh Litbang Pemas - Universitas Islam Lamongan. Jurnal Ekbis bertujuan untuk mempublikasikan ...