UNDERSTANDING THE FACTORS THAT INFLUENCE STOCK PRICES ON THE IDX ESG LEADERS

Abstract

This research aims to ascertain how stock prices in ESG Leaders Index impacted by internal factors with financial ratios of the companies and external factors on economic indicators such as BI rate, exchange rate, and inflation. This research was conducted between 2022 – 2025. This research will be used to inform future studies in the field of financial management. Relevant research is very important in research articles, which serves to strengthen the theory of relationships between variables. The objects in this previous study came from various companies listed on the Indonesia Stock Exchange (IDX) in sector mining, food and beverages, manufacture, banking, and property companies. This research use quantitative research. Data collection method used in this study is purposive sampling method with data analysis technique used in this study is the regression model and Bootstrapping used SEM (statistical equation modeling) in hypothesis testing. In addition, the variables have also been tested using classical assumption test, correlation coefficient, coefficient of determination, F-test, and T-test.