Indonesian Journal of Strategic Management
Vol. 8 No. 1 (2025): Indonesian Journal of Strategic Management

The Effect of Profitability, Leverage and Inflation on Stock Returns

Maulana, Yasir (Unknown)
Nurhumaira, Nadhifa (Unknown)
Hidayat, Yusuf Murtadlo (Unknown)



Article Info

Publish Date
28 Feb 2025

Abstract

This research was conducted at Building Construction Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2017-2021 period. The purpose of this study was to determine the effect of profitability, leverage and inflation on stock returns. The sample in this study were 8 Building Construction Sub-Sector Companies Listed on the Indonesia Stock Exchange (IDX) for the 2017-2021 period, this research method uses descriptive and verification methods. Profitability, leverage and inflation variables as independent variables and stock returns as the dependent variable. Data were analyzed using Eviews 9.0. Based on the results of the F test, profitability, leverage and inflation simultaneously affect stock returns. The results of the t test show that profitability (ROA) has a positive and significant effect on stock returns, leverage (DER) has an insignificant positive effect on stock returns, inflation has a negative and insignificant effect on stock returns

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Journal Info

Abbrev

ijsm

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

IJSM: Indonesian Journal of Strategic Management with p-ISSN 2614-5391 and e-ISSN 2614-2406 is a peer reviewed journal published in Indonesia by the Department of Management, Faculty of Economic and Business, the University of Kuningan (Prodi Manajemen FEB UNIKU). This Journal is published twice a ...