THE INFLUENCE OF DER, INFLATION ON STOCK PRICES (CASE STUDY ON MINING SECTOR COMPANIES LISTED IN INDONESIA STOCK EXCHANGE (PERIOD 2014-2018)

Abstract

The objective of this study is to obtain a descriptive description and to obtain data on the
extent of the influence of the Debt to Equity Ratio (DER), and Inflation to the Stock Price
(Stock Price), in mining companies listed on the IDX. 2008-2017, jointly and partially. The
study will examine two variables, namely DER, and inflation as an independent variable, and
stock price as an independent variable. This study uses a descriptive approach and
quantitative verification, therefore this study uses a descriptive survey method and an
explanatory survey method. The research object in this study uses a population frame. The
technique used is a purposive sampling technique. Then regarding the data that has been
clustered in the form of primary data and secondary data. Data collection techniques in this
study use library research (library research) and field research (field research). From the
results of the Views data test, it is concluded that DER and inflation have a simultaneous
effect on stock prices, whereas through partial, DER does have a significant and significant
effect on stock prices, but the inflation variable has no and insignificant effect on stock
prices. In the implementation of this study, the limitations of the sample studied were only for
companies listed in the mining sector, thus it is necessary to conduct research outside those
used as samples of this research, which of course is not the same as the duration of the
observation which has a longer time, so that the results will be expected later there will be
results that can be generalized.