{"id":"https://openalex.org/W7225565285","doi":"https://doi.org/10.25105/v33i2.27721","title":"ANALISIS PENENTU HARGA SAHAM SEKTOR FARMASI","display_name":"ANALISIS PENENTU HARGA SAHAM SEKTOR FARMASI","publication_year":2026,"publication_date":"2026-11-07","ids":{"openalex":"https://openalex.org/W7225565285","doi":"https://doi.org/10.25105/v33i2.27721"},"language":"en","primary_location":{"id":"pmh:oai:e-journal.trisakti.ac.id:article/27721","doi":"https://doi.org/10.25105/v33i2.27721","is_oa":true,"landing_page_url":"https://e-journal.trisakti.ac.id/index.php/medek/article/view/27721","pdf_url":"https://e-journal.trisakti.ac.id/index.php/medek/article/download/27721/15164","source":{"id":"https://openalex.org/S4210211584","display_name":"Media Ekonomi","issn_l":"0853-3970","issn":["0853-3970","2442-9686"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310314983","host_organization_name":"Trisakti University","host_organization_lineage":["https://openalex.org/P4310314983"],"host_organization_lineage_names":["Trisakti University"],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"0853-3970","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://e-journal.trisakti.ac.id/index.php/medek/article/download/27721/15164","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5024412017","display_name":"Tri Kunawangsih","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I147337026","display_name":"Universitas Trisakti","ror":"https://ror.org/019fnr381","country_code":"ID","type":"education","lineage":["https://openalex.org/I147337026"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Kunawangsih, Tri","raw_affiliation_strings":["Fakultas Ekonomi dan Bisnis, Universitas Trisakti"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Fakultas Ekonomi dan Bisnis, Universitas Trisakti","institution_ids":["https://openalex.org/I147337026"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5161291540","display_name":"Zakiyyah Qothrinnada","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I147337026","display_name":"Universitas Trisakti","ror":"https://ror.org/019fnr381","country_code":"ID","type":"education","lineage":["https://openalex.org/I147337026"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Qothrinnada, Zakiyyah","raw_affiliation_strings":["Fakultas Ekonomi dan Bisnis, Universitas Trisakti"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Fakultas Ekonomi dan Bisnis, Universitas Trisakti","institution_ids":["https://openalex.org/I147337026"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5113913660","display_name":"Aditya Prayoga","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I147337026","display_name":"Universitas Trisakti","ror":"https://ror.org/019fnr381","country_code":"ID","type":"education","lineage":["https://openalex.org/I147337026"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Prayoga, Aditya","raw_affiliation_strings":["Fakultas Ekonomi dan Bisnis, Universitas Trisakti"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Fakultas Ekonomi dan Bisnis, Universitas Trisakti","institution_ids":["https://openalex.org/I147337026"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I147337026"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.9926999807357788,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.9926999807357788,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.004699999932199717,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0010000000474974513,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-price-determinants","display_name":"stock price determinants","score":0.9409999847412109},{"id":"https://openalex.org/keywords/macroeconomic-conditions","display_name":"macroeconomic conditions","score":0.8840000033378601},{"id":"https://openalex.org/keywords/covid-19-impact-on-stock-markets","display_name":"COVID-19 impact on stock markets","score":0.7910000085830688},{"id":"https://openalex.org/keywords/current-ratio","display_name":"current ratio","score":0.9639999866485596},{"id":"https://openalex.org/keywords/dividend-per-share","display_name":"dividend per share","score":0.9940000176429749},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.6299999952316284},{"id":"https://openalex.org/keywords/exchange-rates","display_name":"exchange rates","score":0.8709999918937683},{"id":"https://openalex.org/keywords/interest-rates","display_name":"interest rates","score":0.9950000047683716},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.921999990940094}],"concepts":[{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.6862000226974487},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.6114000082015991},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.569100022315979},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.5109000205993652},{"id":"https://openalex.org/C2988984586","wikidata":"https://www.wikidata.org/wiki/Q1020013","display_name":"Stock price","level":3,"score":0.49129998683929443},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.475600004196167},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.41690000891685486},{"id":"https://openalex.org/C27574286","wikidata":"https://www.wikidata.org/wiki/Q320723","display_name":"Variables","level":2,"score":0.376800000667572},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.3711000084877014},{"id":"https://openalex.org/C2779538965","wikidata":"https://www.wikidata.org/wiki/Q1020013","display_name":"Share price","level":3,"score":0.3698999881744385},{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.3458999991416931},{"id":"https://openalex.org/C2777402642","wikidata":"https://www.wikidata.org/wiki/Q2557224","display_name":"Explanatory power","level":2,"score":0.33309999108314514},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.3003999888896942},{"id":"https://openalex.org/C168743327","wikidata":"https://www.wikidata.org/wiki/Q1826427","display_name":"Random effects model","level":3,"score":0.28769999742507935},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.2800000011920929},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2782000005245209},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.2718999981880188},{"id":"https://openalex.org/C206217203","wikidata":"https://www.wikidata.org/wiki/Q1134378","display_name":"Earnings per share","level":3,"score":0.2689000070095062},{"id":"https://openalex.org/C87007009","wikidata":"https://www.wikidata.org/wiki/Q210832","display_name":"Statistical hypothesis testing","level":2,"score":0.26510000228881836},{"id":"https://openalex.org/C125889939","wikidata":"https://www.wikidata.org/wiki/Q2294672","display_name":"Dividend payout ratio","level":4,"score":0.2644999921321869},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.25780001282691956},{"id":"https://openalex.org/C35138590","wikidata":"https://www.wikidata.org/wiki/Q1081659","display_name":"Common stock","level":3,"score":0.2554999887943268}],"mesh":[],"locations_count":1,"locations":[{"id":"pmh:oai:e-journal.trisakti.ac.id:article/27721","doi":"https://doi.org/10.25105/v33i2.27721","is_oa":true,"landing_page_url":"https://e-journal.trisakti.ac.id/index.php/medek/article/view/27721","pdf_url":"https://e-journal.trisakti.ac.id/index.php/medek/article/download/27721/15164","source":{"id":"https://openalex.org/S4210211584","display_name":"Media Ekonomi","issn_l":"0853-3970","issn":["0853-3970","2442-9686"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310314983","host_organization_name":"Trisakti University","host_organization_lineage":["https://openalex.org/P4310314983"],"host_organization_lineage_names":["Trisakti University"],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"0853-3970","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"pmh:oai:e-journal.trisakti.ac.id:article/27721","doi":"https://doi.org/10.25105/v33i2.27721","is_oa":true,"landing_page_url":"https://e-journal.trisakti.ac.id/index.php/medek/article/view/27721","pdf_url":"https://e-journal.trisakti.ac.id/index.php/medek/article/download/27721/15164","source":{"id":"https://openalex.org/S4210211584","display_name":"Media Ekonomi","issn_l":"0853-3970","issn":["0853-3970","2442-9686"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310314983","host_organization_name":"Trisakti University","host_organization_lineage":["https://openalex.org/P4310314983"],"host_organization_lineage_names":["Trisakti University"],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"0853-3970","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7225565285.pdf","grobid_xml":"https://content.openalex.org/works/W7225565285.grobid-xml"},"referenced_works_count":15,"referenced_works":["https://openalex.org/W2015800048","https://openalex.org/W2618881587","https://openalex.org/W3019863461","https://openalex.org/W3039383670","https://openalex.org/W3122263577","https://openalex.org/W3124917672","https://openalex.org/W3131696979","https://openalex.org/W3138895768","https://openalex.org/W3157571773","https://openalex.org/W3174447824","https://openalex.org/W4390557554","https://openalex.org/W4413474129","https://openalex.org/W7127571225","https://openalex.org/W7155404794","https://openalex.org/W7164154502"],"related_works":["https://openalex.org/W7219449504","https://openalex.org/W4223963273","https://openalex.org/W3196896690","https://openalex.org/W4210774205","https://openalex.org/W7219088516","https://openalex.org/W4376959735","https://openalex.org/W4312107177","https://openalex.org/W4400132313","https://openalex.org/W7220085796","https://openalex.org/W3201637939"],"abstract_inverted_index":{"This":[0,37],"study":[1,38],"examines":[2],"the":[3,16,48,53,65,110,114,146,158,170,174,180,198,214,218],"effects":[4,66],"of":[5,67,113,200,217],"firm-level":[6,204],"financial":[7,94,205],"fundamentals":[8],"and":[9,80,98,121,127,141,203],"macroeconomic":[10,201],"conditions":[11,202],"on":[12,47,85,109],"stock":[13,34,86,133,193,210],"prices":[14],"in":[15,19,207],"pharmaceutical":[17,44,132,209],"sector":[18],"Indonesia,":[20,97],"with":[21,33,131,192],"COVID-19":[22,82,159],"included":[23],"as":[24],"an":[25],"independent":[26],"variable":[27,84],"to":[28,63],"assess":[29],"its":[30],"direct":[31],"association":[32,144,191],"price":[35,211],"movements.":[36],"employs":[39],"annual":[40],"panel":[41],"data":[42,89],"from":[43,92],"companies":[45],"listed":[46],"Indonesia":[49,100],"Stock":[50],"Exchange":[51],"over":[52],"2018\u20132026":[54],"period.":[55],"A":[56],"Random":[57],"Effects":[58],"Model":[59],"(REM)":[60],"is":[61,220],"used":[62],"estimate":[64],"Current":[68,151],"Ratio":[69,152],"(CR),":[70],"Dividend":[71,122],"per":[72,123],"Share":[73,124],"(DPS),":[74],"interest":[75],"rates,":[76,79],"inflation,":[77],"exchange":[78,136],"a":[81,139,154,162,188],"dummy":[83],"prices.":[87,194],"Secondary":[88],"are":[90,103,166],"obtained":[91],"company":[93],"statements,":[95],"Bank":[96],"Statistics":[99],"(BPS).":[101],"Hypotheses":[102],"tested":[104],"using":[105],"one-tailed":[106,175],"tests":[107,176],"based":[108],"hypothesized":[111],"directions":[112],"relationships.":[115],"The":[116,150],"results":[117],"show":[118],"that":[119],"inflation":[120],"have":[125,138,187],"positive":[126,155],"statistically":[128,142,167,189],"significant":[129,143,168,190],"associations":[130],"prices,":[134],"while":[135],"rates":[137,184],"negative":[140,163],"at":[145,169,179],"5%":[147,181],"significance":[148],"level.":[149,182],"has":[153,161],"association,":[156],"whereas":[157],"indicator":[160],"association;":[164],"both":[165],"10%":[171],"level":[172],"under":[173],"but":[177],"not":[178,186],"Interest":[183],"do":[185],"These":[195],"findings":[196],"highlight":[197],"relevance":[199],"characteristics":[206],"explaining":[208],"movements,":[212],"although":[213],"explanatory":[215],"power":[216],"model":[219],"relatively":[221],"limited.":[222]},"counts_by_year":[],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2026-11-09T00:00:00"}
