Overview

Original Research

THE EFFECT OF MACRO ECONOMIC FACTOR ON STOCK RETURN OF STATE-OWNED ENTERPRISES (BUMN) LISTED ON THE INDONESIA STOCK EXCHANGE

RICO NUR ILHAM 1, IRADA SINTA 2, MANGASI SINURAT 3, ABDUL NASSER HASIBUAN 4, and LAKHARIS INUZULA 5.

Vol 17, No 07 ( 2022 )   |  DOI: 10.5281/zenodo.6947263   |   Author Affiliation: Faculty of Economic and Business Universitas Malikussaleh 1; Faculty of Agriculture Universitas Malikussaleh 2; Sekolah TinggiIlmu Ekonomi BinaKarya Tebing Tinggi 3; Faculty of Islamic Economics and Business IAIN Padang Sidempuan 4; Faculty of Economic and Business Universitas Islam Kebangsaan Indinesia 5.   |   Licensing: CC 4.0   |   Pg no: 1264-1279   |   To cite: RICO NUR ILHAM, et al., (2022). THE EFFECT OF MACRO ECONOMIC FACTOR ON STOCK RETURN OF STATE-OWNED ENTERPRISES (BUMN) LISTED ON THE INDONESIA STOCK EXCHANGE. 17(07), 1264–1279. https://doi.org/10.5281/zenodo.6947263   |   Published on: 26-07-2022

Abstract

This contemplate directs to influence the chain reaction of macroeconomic constituents on inventory turn back of state-owned undertakings (BUMN) catalogued on the Indonesia inventory Exchange. The investigator put into practice a descriptive decimal approach. Determination value t count (1. 101086) distinct possibility Слово которое было заменено: probability вариантызамен: distinct possibility expectation likelihood likeliness chances chance odds expenditure of 0. 2765 >0. 05 (α) which have in mind that statistically possibility 1 is rejected, signification that ostentatiousness has no chain reaction on inventory turn back in state-owned fellowships on the Indonesia inventory Exchange. Determination value t count (9. 759502) >t table (2010) with a distinct possibility expenditure of 0. 0000 <0. 05 (α) which have in mind that statistically possibility 2 is accepted, signification that interestingness reprimands influence inventory turn back in state-owned fellowships on the Indonesia inventory Exchange. Determination value t count (60. 94152) >t table (1. 67722) with a distinct possibility expenditure of 0. 0000 <0. 05 (α) which have in mind that statistically possibility 3 is accepted, signification that the Rupiah substitution proportion has an chain reaction on inventory turn back in BUMN fellowships on the Indonesia inventory Exchange. Determination value F count (-15. 66667) distinct possibility Слово которое было заменено: probability вариантызамен: distinct possibility expectation likelihood likeliness chances chance odds expenditure of 1. 0000 >0. 05 (α) which have in mind that possibility 4 is rejected, signification that Inflation, interestingness Rates, Rupiah substitution reprimands chalk up no contemporaneous chain reaction on inventory turn back in BUMN fellowships on the Indonesia inventory Exchange.

Keywords

Macro Economic Factor and State-Owned Enterprises (BUMN) Stock Returns.