PERAN INFLASI PEMODERASI LIKUIDITAS DAN PROFITABILITAS TERHADAP HARGA SAHAM

Abstract

Abstract

Purpose― The purpose of this research is to comprehensively and specifically investigate the role of inflation as a moderating variable in relation to liquidity and profitability on the stock prices of pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange (IDX) from 2017 to 2022.

Method— The method used in this research employs quantitative methods. Quantitative research involves data in numerical form and is measured using Statistical Product and Service Solutions (SPSS version 25).

Finding— The findings of this study explain that inflation cannot serve as a moderating variable. Inflation tends not to be used as a moderating variable due to its broad and complex nature, as well as its nonspecific influence on the relationship between independent and dependent variables within the specific research context.

Implikasi— The findings of this study can be used as a comparative tool in decision-making. Additionally, this research is beneficial for investors, including creditors providing capital, as an evaluation tool for targeted achievements.

Originality— The novelty of this research lies in the study year and the variables used. To enhance the quality of future research, researchers are encouraged to specify the study year and variables used.

Keywords-- Liquidity, Profitability, Inflation, Stock Price