The Impact of Accounting Fundamentals and Macroeconomic Indicators on Manufacturing Companies' Stock Prices

  • Van hyung Shih University of Economics Ho Chi Minh City, Viet Nam
  • Chien Hoang University of Economics Ho Chi Minh City, Viet Nam
Keywords: Accounting Fundamentals, Macroeconomic Indicators, Stock Prices

Abstract

The aim of this research is to ascertain if accounting fundamentals and macroeconomic indicators have an effect on stock prices. In this research, a quantitative method was used. The population of this research includes manufacturing firms listed on the Stock Exchange, with a sample size of ten companies collected through secondary data during the 2019-2020 quarter. Scale of data measurement using a ratio scale. The findings indicated that inflation and interest rate macroeconomic variables had little impact on stock values. Fundamentals of Accounting The return on equity and the price-earnings ratio both have a substantial beneficial impact on company prices

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Published
2021-09-06
How to Cite
Shih, V. hyung, & Hoang, C. (2021). The Impact of Accounting Fundamentals and Macroeconomic Indicators on Manufacturing Companies’ Stock Prices. Journal La Bisecoman, 2(3), 22-29. https://doi.org/10.37899/journallabisecoman.v2i3.404