Scholars Bulletin (SB)
Volume-5 | Issue-04 | 162-168
Subject Category: Economics and Finance
Determinants of External and Internal Stock Price of Coal Mining Subsector Companies Period 2005-2017
Hendri Sivilianto, Endri Endri
Published : April 30, 2019
Abstract
This study aims to examine the influence of external and internal factors on the price of the company's coal mining subsector for the period 2015-2017. The independent variable used in this study consisted of exchange rate, coal prices, inflation, DER, and ROE. The research sample consisted of 18 coal mining subsector companies. The method of analysis uses panel regression analysis. The results showed that exchange rate and coal price partially had a significant effect on the coal stock price with a 95% confidence level, ROE partially had a significant effect on the coal stock price with a 90% confidence level, while inflation and DER has no significant effect. to the coal stock price. The exchange rate, coal prices, inflation, DER, and ROE simultantly influence the coal stock price, with a determination coefficient of 10.64%.