标题:The Effects of Macroeconomic Variables and Company’s Financial Ratios on Stock Prices of Coal Mining Companies Listed in Indonesia Stock Exchange for the Period of 2013 - 2018
摘要:This research aims to analyze the Macroeconomic variables and Company’s financial ratios on the stock prices of coal meaning companies listed in the Indonesia Stock Exchange for the period of 2013 – 2018. The model of Panel data is used to estimate the relationship between macroeconomic variables and company’s financial ratios on the stock prices of coal mining companies. The result of this this research are: debt to equity ratio significantly affects stock prices of coal mining companies at level of 10%, market capitalization significantly affects stock prices of coal mining companies at level of 5% and macroeconomic variables, such as oil prices, inflation, interest rates, exchange rates and coal prices have highly significantly effects on stock prices of coal mining companies at level of 1%..
关键词:debt to equity ratio; market capitalization; oil price; inflation; interest rate;Coal price and panel data.