PENGARUH POTENSI FINANCIAL DISTRESS, INFLASI, DAN SUKU BUNGA TERHADAP HARGA SAHAM PERUSAHAAN MINYAK DAN GAS YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine the effect of financial distress, inflation, and interest rates on stock price. The population was Oil and Gas companies listed on the Indonesia Stock Exchange (IDX) that fulfilled certain criteria. The research was descriptive-quantitative. Furthermore, the sampling process in this research used saturated sampling, in which all population members were the sample. In line with that, 10 samples of Oil and Gas companies listed on the Indonesia Stock Exchange (BEI) were taken. Moreover, the data were taken for 5 years (2019-2023). The data analysis technique used multiple linear regressions with SPSS 26 version. The result showed that financial distress has a positive and significant effect on the stock price of Oil and Gas companies. However, both inflation and interest rates have a negative and insignificant effect on the stock price of Oil and Gas companies.