%A SILVIA SARI FINA
%T THE IMPACT OF MACROECONOMIC VARIABLES ON STOCK
RETURN OF RESTAURANT, HOTEL, AND TOURISM SUB-SECTOR
LISTED IN INDONESIAN STOCK EXCHANGE (IDX)
%X This research analyzes macroeconomic variables as factors that influence stock
returns. The samples used were restaurant, hotel and tourism subsector companies
listed on the Indonesia Stock Exchange (BEI) during 2001-2021. The observations
obtained in this research were 126 observations consisting of 6 companies with a
period of 21 years (2001-2021). This research uses quantitative methods with
classical assumptions. This research found that: (1) the inflation ratehas no effect
on stock returns, (2) the exchange rate has a negative effect on stock returns, (3)
interest rates have a negative effect on stock returns, and (4) the money supply has
a negative effect on stock returns.
Keywords: Stock Return, Inflation Rate, Exchange Rate, Interest Rate, Money
Supply
%C UNIVERSITAS LAMPUNG
%D 2023
%I FAKULTAS EKONOMI DAN BISNIS
%L eprints78214