Vol. 5 No. 5 (2026): APRIL
Open Access
Peer Reviewed

THE EFFECT OF COMMODITY PRICES, PROFITABILITY, AND LEVERAGE ON STOCK PRICES IN PALM OIL INDUSTRY COMPANIES

Authors

Nur Afni Yunita , Rany Gesta Putri Rais , Indrayani , Mursidah , Anisa Zulhikmah

DOI:

10.5281/zenodo.19824084

Published:

2026-04-26

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Abstract

This study analyzes the effect of commodity prices, profitability, and leverage on stock prices. The sample of this study consists of 21 palm oil plantation companies listed on the Indonesia Stock Exchange during the 2022–2024 period, selected using the purposive sampling method. The analytical method employed is panel data regression. The results show that commodity prices do not have a significant effect on stock prices, while profitability and leverage have a positive and significant effect on stock prices.

Keywords:

Commodity Prices Profitability Leverage Stock Prices Palm Oil Plantation Companies

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Author Biographies

Nur Afni Yunita, Universitas Malikussaleh

Author Origin : Indonesia

Rany Gesta Putri Rais, Universitas Malikussaleh

Author Origin : Indonesia

Indrayani, Universitas Malikussaleh

Author Origin : Indonesia

Mursidah, Universitas Malikussaleh

Author Origin : Indonesia

Anisa Zulhikmah, Universitas Malikussaleh

Author Origin : Indonesia

How to Cite

Nur Afni Yunita, Rany Gesta Putri Rais, Indrayani, Mursidah, & Anisa Zulhikmah. (2026). THE EFFECT OF COMMODITY PRICES, PROFITABILITY, AND LEVERAGE ON STOCK PRICES IN PALM OIL INDUSTRY COMPANIES . International Journal of Social Science, Educational, Economics, Agriculture Research and Technology (IJSET), 5(5), 2503–2515. https://doi.org/10.5281/zenodo.19824084

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