DETERMINAN SHARE RETURN PADA INDUSTRIAL GOODS CONSUMP-TION SECTOR

Angeline Margaret, Cyrillius Martono, Gesti Memarista

Abstract


The paper determined the effect of the exchange rate, inflation, and interest rate on the go-public share return. The researchers used the industrial goods consumption sector during 2019-2021 as the sample. There were three independent variables for this study such as the exchange rate, inflation, and interest rate. In addition, the dependent variable was share return. Multiple regression was used to run the parameter. The research used 133 go public companies during those 3 years. According to the research results of this paper, the inflation variable was excluded since the data remain the same for all samples during the research period. The research result showed that the exchange rate has no significant effect on share returns, yet the interest rates variable has a significant positive effect on share returns. So, thus if the value of interest rates in the country is increasing, the share returns in the industrial goods consumption sector will also increase.

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Keywords


Inflation; exchange rate; interest rate; stock return

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References


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DOI: https://doi.org/10.33508/jumma.v12i1.4483