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Mekarsari, D. W., & Widodo, H. (2022). Stock Prices of Public Real Estate Companies in Indonesia: Are They Impacted by Inflation?. KnE Social Sciences, 7(12), 198–209. https://doi.org/10.18502/kss.v7i12.11519

https://doi.org/10.18502/kss.v7i12.11519

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authors

  • Dafita Wahyu Mekarsari

    Dafita Wahyu Mekarsari

    Universitas Muhammadiyah Sidoarjo, Sidoarjo, Indonesia
  • Heri Widodo

    Heri Widodo

    Universitas Muhammadiyah Sidoarjo, Sidoarjo, Indonesia

Published Date

  • Aug 1, 2022

Stock Prices of Public Real Estate Companies in Indonesia: Are They Impacted by Inflation?

KnE Social Sciences / 2nd Virtual Conference on Social Science In Law, Political Issue and Economic Development / Pages 198–209

Abstract

As a supporter of investment decisions, a private investor or even a corporate entity should be able to analyze exchange-diversified shares. Several factors, such as fundamental and macroeconomic factors, influence stock returns. The current study used a purposive sampling method with a sample of 21 targeted real estate companies. Data were analyzed using the coefficient of determination (R2), multiple regression analysis, paired t-test, and last classics assumption test. The results indicated that (i) inflation, (ii) market price, (iii) profitability, and (iv) leveling do not significantly affect the share price.


Keywords: inflation, market value, profitability, leverage, stock price

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