INTERNATIONAL JOURNAL OF ECONOMICS AND MANAGEMENT REVIEW
Vol 2 No 2 (2024): Current issue 5

Factors Affecting The Growth Of Indonesian Shariah Stock Prices (ISSI) With Capital Structure As A Moderating Variable

Fadhel Mohammad (Universitas Islam Negeri Sunan Kalijaga)
Slamet Haryono (Universitas Islam Negeri Sunan Kalijaga)



Article Info

Publish Date
04 Aug 2024

Abstract

Purpose - This study analyzes the factors that affect the growth of Islamic stock prices. It also uses capital structure as a moderating variable to influence this growth. Design/methodology/approach - This study uses purposive sampling, another name for non-probability sampling, as a sample approach. It relied on a sample of 31 companies listed in the Indonesian Sharia Stock Index (ISSI). Moderated regression analysis tests and multiple linear regression analyses are part of the research strategy used in this study. Findings and Discussion - These findings indicate that exchange rate and earning per share variables cannot affect the growth of Islamic stock prices, while return on assets and company size variables can. The capital structure variable cannot strengthen the exchange rate, ROA, EPS, and company size effect on Islamic stock prices.

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Journal Info

Abbrev

ijemr

Publisher

Subject

Humanities Economics, Econometrics & Finance Social Sciences

Description

The main subjects for economics cover national macroeconomic issues, international economic issues, interactions of national and regional economies, microeconomics and macroeconomics policies. The journal also considers thought-leading substantive research in the finance discipline. The main ...