期刊名称:Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan
印刷版ISSN:2302-8890
出版年度:2015
卷号:8
期号:2
语种:English
出版社:Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan
摘要:The aims of this research i s to examine the influence of external factors on f irm value, the effect of company value on stock price, and influence of external factors on stock price. The samples were 30 manufacturing companies li sted in Indonesia Stock Exchange through pusposive sampling. This study applied secondary data based on documentation of the companies. Data analysis was performed by using Smart PLS. Out of the three indicators of external factors, two of them i.e. inflation and exchange rate, met the criterion, because they have loading factor above 0,5 . The resul ts show that, external factors negatively effect firm value with coefficient value of 0.0933, means that i f external factors changes, company’ s value thr ough PBV , move towar d negative di r ection. V alue of company influence stock price positively with coeff icient value of 0.0637. Additionally, external factors show negat ive effect on stock price with coefficient value of 0.1019, as an indication that the changes of external factor has negative impl ication to the stock price
关键词:external factors , f irm value and stock price.