Fundamental Factor Analysis On Banking Stock Price In LQ45

Abstract

This study analyzes the influence of fundamental factors (inflation, exchange rates, ROA, ROE, and BOPO) on the LQ 45 Banking Stock Price. The research subjects are banks listed in LQ 45 for the quarterly period 2015-2019, using Panel Data Regression. The analysis model is the Common Effect Model (CEM). This study uses 2 models where the first model tests all variables except ROE, and the second model tests all variables except ROA. The results showed that the inflation and exchange rate variables significantly affect the LQ45 Banking Stock Price. On the other hand, the variables of ROA, ROE, and BOPO did not significantly affect the LQ45 banking financial stock price. The research results simultaneously showed that in model 1, the variables of inflation, exchange rate, ROA, and BOPO significantly affect the LQ45 banking stock price. Whereas in model 2, jointly, the variables of inflation, exchange rate, ROE, and BOPO significantly affect the LQ45 banking stock price.

Changes in Banking Industry Stock Prices: The Role of Risk, Good Governance, Earnings, and Capital

“…Table 4 shows the output value of R 2 and adjusted R 2 . (Zuhroh & Veronika, 2021), dividend policy (Karki, 2018), and interest rate (Narayan et al, 2014).…”

“…In a dynamic business environment such as the banking sector, the factors influencing a company's stock price are the center of attention for investors, financial analysts, and decision-makers. Research on the influence of various fundamental variables on banking company stock prices has become an interesting and relevant topic in economic and financial literature (Karki, 2018;Narayan et al, 2014;Zuhroh & Veronika, 2021). In this context, this article explores the impact of key factors on banking company stock prices, namely risk, corporate governance, profits, and capital.…”

Dampak Inovasi Sistem Pembayaran Terhadap Nilai Pemegang Saham Bank Dan Pengecer

“…Penjelasan logis ekonomi penelitian kami adalah bahwa pengurangan biaya MDR akan meningkatkan transaksi non-tunai, yang akan diikuti oleh kepercayaan nasabah pada bank mereka dalam jangka pendek dan akan meningkatkan rasio biaya dan pendapatan bank (CIR atau BOPO), maka baik CIR atau BOPO akan meningkatkan kinerja bank dan berpengaruh positif terhadap harga saham bank. Hal ini sejalan dengan salah satu penelitian sebelumnya (Zuhroh & Veronika, 2021) yang menemukan bahwa BOPO merupakan salah satu faktor yang berpengaruh besar terhadap harga saham perbankan LQ45 di Bursa Efek Indonesia.…”