INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS最新文献

筛选
英文 中文
The Effect Of Financial Ratio and Macroeconomic On Financial Distress On Property, Real Estate And Building Construction Companies Listed On The Indonesian Stock Exchange 2015-2019 财务比率和宏观经济对2015-2019年印尼证券交易所上市房地产和建筑公司财务困境的影响
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2022-06-27 DOI: 10.31258/ijeba.7.1.83-106
Dwi Ajeng Nadia, A. Rokhmawati, fitriyana fitri
{"title":"The Effect Of Financial Ratio and Macroeconomic On Financial Distress On Property, Real Estate And Building Construction Companies Listed On The Indonesian Stock Exchange 2015-2019","authors":"Dwi Ajeng Nadia, A. Rokhmawati, fitriyana fitri","doi":"10.31258/ijeba.7.1.83-106","DOIUrl":"https://doi.org/10.31258/ijeba.7.1.83-106","url":null,"abstract":"This study aims to examine the effect of financial ratios and macroeconomic on financial distress. Financial ratios are assessed using  the ROE, DER, CR, SG, CFFO proxies and macroeconomic proxies are inflation, exchange rates, BI rate, GDP and financial distress measured by the springate model. The data used in this study is secondary data in the form of annual reports from 2015-2019 obtained from the Indonesian Stock Exchange website or www.idx.co.id and Bank Indonesia or www.bi.go.id and the Central Bureau of Statistics or www.bps.go.id. The population in this study amounted to 53 property, real estate and building construction companies listed on the Indonesian Stock Exchange with a sampling technique using purposive sampling obtained as many as 40 companies. Hypothesis testing in this study used logistic regression analysis with the help of the SPSS application. The results obtained indicate that ROE, CR, SG, CFFO, Inflation has a significant negative effect on financial distress. DER, BI rate, exchange rate have a significant positive effect on financial distress. While, GDP has no significant effect on financial distress.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"128 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117087930","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Effect of Profitability, Institutional Ownership on Tax Avoidance Moderated by Disclosure of Good Corporate Governance (Study on Consumer Goods Industry Companies Listed in the Indonesia Stock Exchange in 2016 – 2020) 良好公司治理披露调节盈利能力、机构持股对避税的影响(以2016 - 2020年印尼证券交易所消费品行业上市公司为研究对象)
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2022-06-27 DOI: 10.31258/ijeba.7.1.53-66
Evdi Muhammad, Yulia Efni, Elvi Rahmayanti
{"title":"The Effect of Profitability, Institutional Ownership on Tax Avoidance Moderated by Disclosure of Good Corporate Governance (Study on Consumer Goods Industry Companies Listed in the Indonesia Stock Exchange in 2016 – 2020)","authors":"Evdi Muhammad, Yulia Efni, Elvi Rahmayanti","doi":"10.31258/ijeba.7.1.53-66","DOIUrl":"https://doi.org/10.31258/ijeba.7.1.53-66","url":null,"abstract":"This study aims to analyze the effect of profitability, institutional ownership on tax avoidance moderated by disclosure of good corporate governance. This study uses 24 consumer goods industrial sector companies listed on the Indonesia Stock Exchange during the 2016-2020 period as research samples. The data is collected based on the annual report as well as the company's financial statements. Partial Least Square (PLS) is used as a method to analyze the data that has been obtained. The results showed that profitability had a significant negative effect on tax avoidance. Institutional ownership has no significant effect on tax avoidance. For testing the moderating variable, it is proven that the disclosure of good corporate governance is able to moderate the relationship between profitability and tax avoidance, but the disclosure of good corporate governance is not able to moderate the relationship between institutional ownership and tax avoidance.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129073650","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Analytical Hierarchy Process (AHP) Supplier Selection Analysis on MSME Banana Chocolate Ajo Sikumbang in Pekanbaru City 层次分析法(AHP)分析北干巴鲁市中小微企业香蕉巧克力的供应商选择
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2022-06-27 DOI: 10.31258/ijeba.7.1.107-119
D. Novrianti, Kiki Roidelindho
{"title":"Analytical Hierarchy Process (AHP) Supplier Selection Analysis on MSME Banana Chocolate Ajo Sikumbang in Pekanbaru City","authors":"D. Novrianti, Kiki Roidelindho","doi":"10.31258/ijeba.7.1.107-119","DOIUrl":"https://doi.org/10.31258/ijeba.7.1.107-119","url":null,"abstract":"This study aims to select the best supplier by using AHP (Analitycal Hierarchy Process). The research method used is descriptive quantitative with criteria consisting of quantity, quality, cost, and delivery. The object of this research is UMKM in the food sector, known as Pisang Chocolate Ajo Sikumbang, which is located in the Panam area of Pekanbaru City. The data analysis for this research was conducted by comparing three suppliers of bananas, namely suppliers in Panam Market, Kualu Market, and Arengka Market. From the results of data analysis, it was found that the criteria for the quantity of bananas from suppliers became the most important factor for the Ajo Sikumbang Chocolate Banana business, with a value of 0.373, or 37%. Meanwhile, for alternative considerations, the performance of the three suppliers was obtained and the highest score was achieved by suppliers in the Panam Market with a value of 7,534.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129969739","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Analysis of the Effect of Environmental, Social and Governance (ESG) Disclosures on Capital Structure with Company Performance as an Intervening Variable (Empirical Study on Companies Listed in Sri-Kehati Index Stocks for the 2017-2019 Period) 以公司绩效为中介变量的环境、社会和治理(ESG)披露对资本结构的影响分析(2017-2019年Sri-Kehati指数成份股公司的实证研究)
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2022-06-27 DOI: 10.31258/ijeba.7.1.1-20
Shintya Delvia, Yulia Efni, Haryetti Haryetti
{"title":"Analysis of the Effect of Environmental, Social and Governance (ESG) Disclosures on Capital Structure with Company Performance as an Intervening Variable (Empirical Study on Companies Listed in Sri-Kehati Index Stocks for the 2017-2019 Period)","authors":"Shintya Delvia, Yulia Efni, Haryetti Haryetti","doi":"10.31258/ijeba.7.1.1-20","DOIUrl":"https://doi.org/10.31258/ijeba.7.1.1-20","url":null,"abstract":"This study aims to examine the effect of environmental, social, and corporate governance on capital structure with company performance as an intervening variable in companies listed in the sri-kehati index for the period 2017 – 2019. This study uses secondary data, namely on companies that are members of the Sri-Kehati index that disclose environmental, social and governance (ESG) scores on Bloomberg. The data used in this study with a total research sample of 54 data was determined by purposive sampling method.The results of this study indicate that environmental and governance has an effect on company performance while social has no effect on company performance. Environmental, social, and governance have no effect on capital structure. For indirect testing, the results show that environmental, social, and governance have no effect on capital structure through company performance as an intervening variable.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"186 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124730702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
“MORE VALUEBLE?” PORTFOLIO MIX: ISLAMIC SOCIAL RESPONSIBILITY STOCK “更宝贵的呢?”投资组合:伊斯兰社会责任股
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2021-11-29 DOI: 10.31258/ijeba.6.2.45-56
Herwinda Asri Wahyuni, A. Rokhmawati, A. F. Fathoni, Ifa Adina Yafiz
{"title":"“MORE VALUEBLE?” PORTFOLIO MIX: ISLAMIC SOCIAL RESPONSIBILITY STOCK","authors":"Herwinda Asri Wahyuni, A. Rokhmawati, A. F. Fathoni, Ifa Adina Yafiz","doi":"10.31258/ijeba.6.2.45-56","DOIUrl":"https://doi.org/10.31258/ijeba.6.2.45-56","url":null,"abstract":"This research was conducted to analyze the optimal portfolio formation using the Single Index Model method by combining stocks included in the SRI-Kehati Index and listed on the Indonesian Sharia Stock Index (ISSI) with the aim of survival and applying sharia principles then measuring optimal portfolio performance using Sharpe Index, Treynor Index, and Jansen Alpha Index. The object of research used is stocks that are consistently included in the Sri Kehati Index and ISSI for the period December 2018 - December 2019. The results of this study show that the optimal portfolio formed has a higher return compared to the benchmark (IHSG) which is 1.99%, meanwhile, the standard deviation of the portfolio or it can be interpreted as portfolio risk is 1.1%. In performance appraisal, in addition to the Jensen Index, the optimal portfolio formed has better performance than the IHSG.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124049799","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
EFFECT OF LEVERAGE AND FIRM SIZE ON COMPANY VALUE WITH EXCHANGE RATE AND HEDGING DECISION AS MODERATION VARIABLE (CASE STUDY ON NON-FINANCIAL COMPANIES LISTED ON INDONESIA STOCK EXCHANGE PERIOD 2017-2018) 以汇率和套期保值决策为调节变量的杠杆率和公司规模对公司价值的影响(以2017-2018年印尼证券交易所非金融类上市公司为例)
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2021-11-29 DOI: 10.31258/ijeba.6.2.1-18
Fira Majdina Siswanto, Rika Promalessy, fitriyana fitri
{"title":"EFFECT OF LEVERAGE AND FIRM SIZE ON COMPANY VALUE WITH EXCHANGE RATE AND HEDGING DECISION AS MODERATION VARIABLE (CASE STUDY ON NON-FINANCIAL COMPANIES LISTED ON INDONESIA STOCK EXCHANGE PERIOD 2017-2018)","authors":"Fira Majdina Siswanto, Rika Promalessy, fitriyana fitri","doi":"10.31258/ijeba.6.2.1-18","DOIUrl":"https://doi.org/10.31258/ijeba.6.2.1-18","url":null,"abstract":"In general, the value of a company is a description of the condition of the company, whether it is in good condition or not. In this research, exchange rates and hedging are moderating variables for various variables that affect company value, namely leverage and firm size variables. The purpose of this research is to determine the effect of each variable on firm value in non-financial companies on the Indonesia Stock Exchange in 2017-2018. The sampling technique used was purposive sampling with the amount of 285 companies. The research hypothesis was tested by using the Structural Equation Model (SEM) approach based on Partial Least Square (PLS). The results show that the exchange rate can moderate the leverage and firm size on firm value, hedging cannot moderate the leverage but can moderate the firm size on firm value.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128492027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
THE EFFECT OF GOOD CORPORATE GOVERNANCE, INTELLECTUAL CAPITAL, AND LEVERAGE ON FIRM VALUE WITH PROFITABILITY AS A MEDIATION VARIABLE (Study on Registered Non-Financial Badan Usaha Milik Negara on the Indonesia Stock Exchange for the 2014-2019 Period) 良好的公司治理、智力资本和杠杆对公司价值的影响——以盈利能力为中介变量(2014-2019年印尼证券交易所注册非财务公司Badan Usaha Milik Negara的研究)
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2021-11-29 DOI: 10.31258/ijeba.6.2.65-80
Fauziah Israyani Putri, A. Rokhmawati, Haryetti Haryetti, Elvi Rahmayanti
{"title":"THE EFFECT OF GOOD CORPORATE GOVERNANCE, INTELLECTUAL CAPITAL, AND LEVERAGE ON FIRM VALUE WITH PROFITABILITY AS A MEDIATION VARIABLE (Study on Registered Non-Financial Badan Usaha Milik Negara on the Indonesia Stock Exchange for the 2014-2019 Period)","authors":"Fauziah Israyani Putri, A. Rokhmawati, Haryetti Haryetti, Elvi Rahmayanti","doi":"10.31258/ijeba.6.2.65-80","DOIUrl":"https://doi.org/10.31258/ijeba.6.2.65-80","url":null,"abstract":"This study aims to examine the effect of good corporate governance, intellectual capital, and leverage on firm value with profitability as mediation variable. The population of this research was non-financial BUMN firms listed on Indonesia Stock Exchange (IDX) in 2014-2019. The sample was determined with the purposive sampling method. That obtained 18 firms as the sample. The type of data in this research was secondary data obtained from IDX. The analytical method used was Multiple Regression and Mediation Analysis, Using SPSS Software to Process data. The results of this study concluded: GCG does not significantly influence the firm value. On the other hand, Intellectual Capital, Leverage, and Profitability significantly influence the firm value. GCG does not significantly influence Profitability. Intellectual Capital and Leverage significantly influence Profitability. Profitability cannot mediate the effect of GCG and Intellectual Capital on firm value. Meanwhile, Profitability can mediate the effect of Leverage on firm value.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115214715","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Performance Of Knowledge Transfers In University 大学知识转移绩效研究
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2021-11-29 DOI: 10.31258/ijeba.6.2.57-64
S. Azizah
{"title":"The Performance Of Knowledge Transfers In University","authors":"S. Azizah","doi":"10.31258/ijeba.6.2.57-64","DOIUrl":"https://doi.org/10.31258/ijeba.6.2.57-64","url":null,"abstract":"The aim of this study is expected to be able to answer the research problem is how to improve the performance of knowledge transfer in the public sector. The sampling technique used in this study is the purposive sampling method.  This manner takes 100 samplSe with a specific set of criteria education staff with a bachelor's degree in five colleges located in Kebumen District, Center Java, Indonesia. The result of the data processing with SPSS 25 shows that partially, the quality of human resource management and information technology competence had a positive effect on the quality of knowledge assets. The result showed that the quality of knowledge assets had positive effects on the performance of knowledge transfer.  Finally, quality of knowledge assets roles as an intervening roles in this research","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123690461","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
THE EFFECTS OF SALES GROWTH AND TOTAL ASSETS TURN OVER ON COMPANY VALUE WITH PROFITABILITY AND DEBT POLICY AS MEDIATION VARIABLES (CASE STUDY ON TRANSPORTATION COMPANY LISTED ON THE IDX FOR 2015-2018 PERIOD) 以盈利能力和债务政策为中介变量的销售增长和总资产周转率对公司价值的影响(以2015-2018年idx上市运输公司为例)
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2021-11-29 DOI: 10.31258/ijeba.6.2.93-109
Vera Andriani, Haryetti Haryetti, A. F. Fathoni, A. Paramitha
{"title":"THE EFFECTS OF SALES GROWTH AND TOTAL ASSETS TURN OVER ON COMPANY VALUE WITH PROFITABILITY AND DEBT POLICY AS MEDIATION VARIABLES (CASE STUDY ON TRANSPORTATION COMPANY LISTED ON THE IDX FOR 2015-2018 PERIOD)","authors":"Vera Andriani, Haryetti Haryetti, A. F. Fathoni, A. Paramitha","doi":"10.31258/ijeba.6.2.93-109","DOIUrl":"https://doi.org/10.31258/ijeba.6.2.93-109","url":null,"abstract":"This study aims to test and seek empirical evidence of the factors that influence company value. The factors tested in this study include Sales Growth and Total Asset Turn Over. Researcher adds Profitability and Debt Policy as mediating variables in this study. The population of this research is transportation companies listed on the Indonesia Stock Exchange in the 2015-2018 period. The research sample was selected using purposive sampling criteria so that 25 transportation companies were selected that were listed consecutively on the Indonesia Stock Exchange starting from the 2015-2018 period. To examine the factors that contribute to company value, this study uses path analysis and uses SPSS Statistics version 23 as an analysis tool. The results of this study indicate that Sales Growth and Total Asset Turn Over have a significant effect on Profitability, Sales Growth and Total Asset Turn Over have a significant effect on Debt Policy, Total Asset Turn Over and Debt Policies have a significant effect on Company Value. Meanwhile, Sales Growth and Profitability have no significant effect on Company Value. Debt policy as a mediating variable is able to mediate the effect of the dependent variable on the independent variable in this study. Meanwhile, Profitability as a mediating variable is not able to mediate the effect of the dependent variable on the independent variable in this study.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116991100","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
COMPARATIVE ANALYSIS OF MARKET OVERREACTION IN INDONESIA AND SINGAPORE STOCK EXCHANGE 2016-2019 2016-2019年印尼与新加坡证券交易所市场过度反应比较分析
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Pub Date : 2021-11-29 DOI: 10.31258/ijeba.6.2.19-44
Mutia Meiliani, D. Puspita, M. Tarigan, A. F. Fathoni
{"title":"COMPARATIVE ANALYSIS OF MARKET OVERREACTION IN INDONESIA AND SINGAPORE STOCK EXCHANGE 2016-2019","authors":"Mutia Meiliani, D. Puspita, M. Tarigan, A. F. Fathoni","doi":"10.31258/ijeba.6.2.19-44","DOIUrl":"https://doi.org/10.31258/ijeba.6.2.19-44","url":null,"abstract":"This study aims to determine whether there is a market overreaction phenomenon in the Indonesia Stock Exchange which is classified as an emerging market and the Singapore Stock Exchange which is classified as a developed market. This research was conducted in a weekly period during 2016-2019. This study uses sample included in the LQ-45 index for the Indonesia Stock Exchange and the top 30 market cap for the Singapore Stock Exchange. This research found that there was a market overreaction in the Indonesia Stock Exchange, especially the loser portofolio which experienced the strongest reversal. Meanwhile, the significance value in the one sample t-test for the average cumulative abnormal return difference value is not significance. While the results of research on the Singapore Stock Exchange found no market overreaction phenomenon as indicated by a negative and insignificance average cumulative abnormal return difference. The result showed that the Indonesia Stock Exchange has not been efficient where investors tend to overreact in responding to information while investors on the Singapore Stock Exchange are rational.","PeriodicalId":401049,"journal":{"name":"INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127208964","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术官方微信