The Affect of Internal and External Factors of the Company Towards the Stock Price in Mining Companies Listed on Sharia Securities List

Alni Nurfadhila Sari, Mujiyati Mujiyati

Abstract


The purpose of this research is to examine the influence of internal factors (Return on Equity and Debt to Equity Ratio) and external factors (Inflation and Gross Domestic Product) of the company on stock price. This research is interesting to do, because of the inconsistency result of the previous researches. The object being researched is a mining sector go public company listed in the Sharia Securities List (DES) for the 2017-2020 period. The population of this research amounted to 31 companies which are all mining sector companies registered Des 2017-2020. Sampling was done by purposive sampling method and obtained as many as 15 companies that meet the criteria for analysis. The types of data used in this research is secondary data in the form of financial statements and annual reports of Islamic public companies listed on the Sharia Securities List (DES) which are obtained through the official website www.idx.co.id, the website of each company, and www.bps.co.id, as well as the official website www.tradingview.com. Analyzing data in this research using SPSS 25 application. The result of this research, simultaneously all independent variables have a significant effect on stock prices. Partially, variable Return on Equity has a positive significant effect on stock prices, while the variables DER, Inflation, Gross Domestic Product has no effect on stock prices.

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DOI: https://doi.org/10.37010/duconomics.v2.5902

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