Determinant Factors Effect of the Indonesia’s Banking Sector Share Prices in 2005 QII - 2019 QIV Period
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 12
Abstract
This study aims to determine the effect of interest rates, money supply, inflation, exchange rates, and return on assets (ROA) on stock prices in the banking sector for the 2005 QII – 2019 QIV period. The data used are quarterly time series. The method of analysis used the Vector Error Correction Model (VECM). The result of this study indicate that the interest rates has a negative and insignificant effect on stock prices in the banking sector. However, money supply, inflation and return on assets have a positive effect and significant effect to the stock price of the banking sector in Indonesia.
Authors and Affiliations
Sitti Ramlah Masdah,MA Djirimu,Haerul Anam, AD Tombolotutu,Yohan Laturama,Failur Rahman
Keywords
Related Articles
- EP ID EP726640
- DOI 10.47191/jefms/v5-i12-40
- Views 62
- Downloads 0
Stock Returns Analysis with Dividend Policy as an Intervening Variable in IDX30 Index Companies on the Indonesia Stock Exchange
Stock Return is the profit the investor obtains for investing in a company. Shareholders or investors in their investments can get a return offered by a stock in the form of capital gains (the difference between the sell...
Developing Micro-Insurance to Expand the Scope of Social Security for the Informal Economy in Vietnam
Social security is considered a fundamental means to reduce poverty, eliminate social exclusion and promote social cohesion, but the majority of workers in the informal economy are still deprived of the right to social s...
Analysis of the Effect Liquidity, Leverage, Profitability and Sales Growth on Financial Distress (Altman Z-Score) (Empirical Study of Retail Sub - Sector Companies Listed on the Indonesia Stock Exchange (IDX) 2015-2019
Financial distress is a condition when a company is experiencing financial difficulties, resulting in the company being unable to pay its obligations and leading to bankruptcy. This study was conducted to examine the liq...
Evaluation of Employee’s Organizational Commitment: The Case of Construction Enterprises
Construction enterprises play an important role in the process of socio-economic development. They contribute to GDP growth and macroeconomic stability, create obs and incomes for workers, promote rural economic restruct...
Examining User Satisfaction in the Village Financial Supervision System (Siswaskeudes): Insights from the USTAM Framework
This research aims to empirically confirm the institutional theory and the Urban Services Technology Acceptance Model (USTAM) related to factors influencing user satisfaction with the Siswaskeudes application. Exploring...