scholarly journals Relationships between Inflation Rate and Market Value per Share of Commercial Banks: Evidence from Bangladesh

2017 ◽  
Vol 6 (2) ◽  
pp. 107-114
Author(s):  
Abu Nomaan Mohammad Minhajul Haque Chowdhury
Keyword(s):  
Commercial Banks ◽  
Inflation Rate ◽  
Market Price ◽  
Secondary Data ◽  
Market Value ◽  
Jel Classification ◽  
Coefficient Of Determination ◽  
Macroeconomic Variables ◽  
Average Percentage ◽  
Classification Code

The market value per share of financial institutions depends on a range of internal and macroeconomic variables. Inflation rate of a country is one of the macroeconomic variables that substantially influence the market price of share of the financial organizations. This study aimed at determining the relationship between inflation and market value per share of commercial banks in Bangladesh. Researchers used market value per share of 10 commercial banks and inflation rate for the period 2011 to 2015 as secondary data. A number of statistical tools (average, percentage change, median, maximum, minimum, standard deviation, coefficient of correlation and coefficient of determination) were used to find out the results. It was found that inflation of a country had significant positive effect on the market value per share of the selected commercial banks. JEL Classification Code: G 21

scholarly journals Assessment of CSR Performances in Some Selected Commercial Banks in Bangladesh

2013 ◽  
Vol 2 (2) ◽  
pp. 140-150
Author(s):  
Md. Abul Kalam Azad ◽  
Mohammad Zahir Raihan ◽  
Mohammad Zahid Hossain Bhuiyan
Keyword(s):  
Commercial Banks ◽  
Market Price ◽  
Health Sector ◽  
Secondary Data ◽  
Jel Classification ◽  
Primary Data ◽  
Factors Affecting ◽  
Classification Code ◽  
Major Factors ◽  
Corporate Social

The study is on 10 locally private commercial banks operating in Bangladesh. In this study, secondary data have been extensively used. Some primary data have also been used in the study. These were collected from a total number of 10 Executives in-charge of Corporate Social Responsibility Department using structured closed end questionnaire. While collecting primary data, direct interview method was mainly used. The main objective of the study is to critically analyse the CRS performances in the selected banks which covered the Heads of CSR activities, the determinants of CSR activities, Investment in CSR activities and Impact of CSR investment. The period of empirical study covered 4 financial years ranging from 2009 to 2012.  The main findings of the study are; (i) some 90% of the respondents have emphasized on the significance of CSR activities in the selected banks, (ii) some 60% of the respondents have emphasized on the significant impact of CSR investment on the Market price of the Share (MPS), (iii) the major factors affecting CSR activities have been Sustainable development, Business tool, Leadership and ethics, (iv) empirical analysis of the study reveals that the CSR investments as percentage of total investment of the respective banks have been very negligible ranging from 0.01% to 2.87% only during the study period. It is found that out of the seven heads of CSR expenditures Health sector have occupied the highest position in majority banks followed by Education sector. Therefore, it can be concluded that the selected banks should increase their investment in CSR activities in order to create more confidence among the existing clients as well as prospective customer in one hand and increase MPS of the banks on the other. JEL Classification Code: G21; G28

scholarly journals The Effect of Macroeconomic Variables On the Saudi Stock Market

2019 ◽  
Vol 7 (12) ◽  
pp. 126-152
Author(s):  
Amani Mohammed Aldukhail
Keyword(s):  
Stock Market ◽  
Performance Indicators ◽  
Stock Price ◽  
Price Index ◽  
Inflation Rate ◽  
Market Value ◽  
Short Term ◽  
Macroeconomic Variables ◽  
Time Deposits

This study aimed at exploring the effect of macroeconomic variables on the activity of the Saudi stock market for the period 1997-2017. Macroeconomic variables were: GDP, interest rate on time deposits, inflation rate. The variables of the Saudi stock market activity were: stock price index, market value of shares, value of traded shares. To achieve this objective, the researcher used the ARDL model for the self-regression of the lagged distributed time gaps. The most important results of the research are: The effect of macroeconomic variables on the performance indicators in the Saudi stock market is not important in the short term and is statistically significant in the long term according to the proposed models, so investors in this market can rely on macroeconomic variables in Predict the movement of the stock market and predict long-term profits and losses.

scholarly journals Factors affecting stock market index volatility: Empirical study

2021 ◽  
Vol 10 (3) ◽  
pp. 169-176
Author(s):  
Mohammed Ali Al-Rimawi ◽  
Thair Adnan Kaddumi
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Interest Rate ◽  
Stock Market ◽  
Foreign Investment ◽  
Inflation Rate ◽  
Market Price ◽  
Economic Growth Rate ◽  
Macroeconomic Variables ◽  
The Impact

How is stock market price volatility affected, and what is the nature of the impact that macroeconomic variables do on the stock market price direction? The main objective of this study is to investigate the impact of some selected macroeconomic variables (inflation rate (INR), interest rate (IR), economic growth rate (EGR), and foreign investment (FI)) on Amman Stock Exchange (ASE) fluctuation for the period 1999–2018. The information is based on the annual data published by industrial companies listed at ASE. The study adopted a descriptive-analytical approach, also simple and multiple linear regression analysis was employed for the mentioned purpose (Nurfadilah & Samidi, 2017). The results revealed that there is no statistically significant impact of INR, IR, EGR, and FI collectively on ASE performance (Niewińska, 2020). Individually, the results indicated that there is a statistically significant impact of all variables (INR, IR, EGR, and FI) on ASE performance. Additionally, the results concluded that foreign investment, portrayed the highest impact factor on ASE performance, followed by a change in average interest rate, then inflation rate, and the least impact attributes to the economic growth rate. Finally, the research recommends that Jordanian banks should reduce the lending interest rate to enhance investment in securities and improve economic growth rate, also Jordanian authorities should encourage foreign direct and indirect investment and make more efforts to attract more foreign investment, either in the form of tax incentives or by extending finance at low-interest rates.

scholarly journals Determinants of Non-Performing Loans: Perception of Nepali Bankers

2016 ◽  
pp. 128-148
Author(s):  
Seema Bhattarai
Keyword(s):  
Commercial Banks ◽  
Inflation Rate ◽  
Negative Impact ◽  
Monitoring And Evaluation ◽  
Political Environment ◽  
Macroeconomic Variables ◽  
Gdp Growth Rate ◽  
Significant Negative Impact ◽  
The Government ◽  
Budgetary Expenditure

The paper discusses the perception of Nepalese bankers regarding the determinants of nonperforming loan in Nepalese commercial banks. The paper is based on primary information collected from 140 bankers working in large ten commercial banks of Nepal. The bankers of Nepalese commercial bank perceive that energy crisis; lack of timely budgetary expenditure by the government and instable political environment increases the non-performing loan. Similarly bankers also perceive that borrowers honesty in disclosing the information, better monitoring and evaluation of the loan, have significant negative impact on non-performing loan. However, the banker’s perception shows that the macroeconomic variables like unemployment rate, inflation rate, exchange rate and interest rate are not much important variables to influence non-performing loan of the commercial banks of Nepal. The bankers also perceive that the increase in GDP growth rate decrease the non-performing loan of commercial banks in Nepal.Economic Journal of Development Issues Vol. 17 & 18 No. 1-2 (2014) Combined Issue, Page: 128-148

PENGARUH PERUBAHAN SUKU BUNGA SBI DAN PERUBAHAN KURS USD/IDR TERHADAP HARGA PASAR SAHAM PT. BANK CENTRAL ASIA (BCA) TBK

2020 ◽  
Vol 1 (2) ◽  
pp. 56-65
Author(s):  
Maswir Mutakhir
Keyword(s):  
Exchange Rate ◽  
Stock Market ◽  
Interest Rates ◽  
Central Asia ◽  
Market Price ◽  
Secondary Data ◽  
Coefficient Of Determination ◽  
Linear Regression Models ◽  
Insignificant Effect ◽  
Independent Variable

This study aims to determine whether changes in SBI interest rates and changes in the USD / IDR exchange rate have an influence on the PT BCA Stock Market Price during the period January 2015-December 2019. The data used are secondary data provided by relevant institutions. The research method uses multiple linear regression models. To test the significance of the effect of the independent variable on the dependent variable partially, the t test is used. The partial test results on changes in the independent variable on changes in the dependent variable note that changes in SBI Interest Rates have a negative and insignificant effect on the Stock Market Price of PT Bank Central Asia Tbk, while The USD / IDR exchange rate has a positive and insignificant effect on the Stock Market Price of PT Bank Central Asia Tbk. The value of the coefficient of determination is 4.2%, which means that the proportion of changes in the PT BCA Stock Market Price which can be explained by variations in changes in SBI interest rates and changes in the exchange rate of USD / IDR is 4.2%, while the remaining 95.8% is explained. by other variables. Penelitian ini bertujuan untuk mengetahui apakah perubahan Suku Bunga SBI dan perubahan Kurs USD/IDR mempunyai pengaruh terhadap Harga Pasar Saham PT BCA selama periode Januari 2015–Desember 2019. Data yang digunakan adalah data sekunder yang disediakan lembaga yang relevan. Metode penelitian  menggunakan model regresi linier berganda. Untuk menguji signifikansi pengaruh variabel independen terhadap variabel dependen secara parsial digunakan uji t.Hasil pengujian secara parsial atas  perubahan variabel independen terhadap perubahan variabel dependen diketahui bahwa perubahan Suku Bunga SBI mempunyai pengaruh negatif dan tidak signifikan terhadap Harga Pasar Saham PT Bank Central Asia Tbk, sedangkan Kurs USD/IDR mempunyai pengaruh positif dan tidak signifikan terhadap Harga Pasar Saham PT Bank Central Asia Tbk. Nilai Koefisien Determinasi adalah sebesar 4,2% yang artinya besarnya proporsi variasi perubahan Harga Pasar Saham PT BCA yang dapat dijelaskan oleh variasi perubahan tingkat Suku Bunga SBI dan perubahan Kurs USD/IDR adalah sebesar 4,2% sedangkan sisanya sebesar 95,8% dijelaskan oleh variabel lainnya.

scholarly journals The Role and Impact of Remittances on the Economic Growth - Kosovo Case Study

2016 ◽  
Vol 4 (2) ◽  
pp. 61
Author(s):  
MSc. Jeton Zogjani ◽  
Dr.Sc. Myrvete Badivuku-Pantina
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Inflation Rate ◽  
Negative Impact ◽  
Secondary Data ◽  
Research Paper ◽  
Real Effective Exchange Rate ◽  
Coefficient Of Determination ◽  
The Impact ◽  
Watson Statistic

In this research paper the role and impact of remittances on the economic growth of Kosovo in the recent years (2008 - 2013) through remittances, inflation rate, real effective exchange rate (REER) as independent variables and economic growth as depend variable is analyzed. The secondary data are used which are taken from international and domestic institutions which are analyzed through STATA software (an econometric and statistical program).The reason for writing is that in 2013 the total value of remittances in Kosovo was 620.8 million € and in 2011 Kosovo was among the top 10 countries with the highest level of remittances. The main arguments used in this research paper are: how do remittances affect in overall the economy? What is the impact of remittances on businesses? How do we use it for family consumption? In the research methodology are used secondary data and all of them are analyzed by STATA software which helps in calculation of OLS method of regression, descriptive statistic and correlation matrix.Also this paper research findings show us that if we refer to the result of variables that are included in the paper though OLS methods, the remittances (β1= - 0.017) and the exchange rate (β3= - 0.322) have negative impact and nonsignificant (T < 2) effect on economic growth but the inflation rate has positive (β2= 0.245) and significant (T > 2) effect on economic growth and the coefficient of determination (R²) is 84% then the coefficient of Durbin Watson Statistic (DW) is 2.11, it means there is no autocorrelation.

scholarly journals DETERMINANT INFLATION ON MURABAHAH FINANCING IN SHARIA BANKS IN INDONESIA 2015-2019

2021 ◽  
Vol 1 (1) ◽  
pp. 39-49
Author(s):  
Erick S Yahya ◽  
Supandi Rahman
Keyword(s):  
Regression Analysis ◽  
Inflation Rate ◽  
Secondary Data ◽  
Third Party ◽  
Coefficient Of Determination ◽  
Positive Coefficient ◽  
Simple Regression Analysis ◽  
Simple Regression

This study aims to know the effect of inflation on Murabahah (sale-purchase agrrement between the bank and the customer with known profit) financing in Sharia banks in Indonesia. The data in this study are secondary data from the official website of each Sharia bank and then analyzed by using simple regression analysis. The finding shows that the inflation rate has a positive and significant effect on Murabahah financing in Sharia banks in Indonesia. The positive coefficient indicates that an increase in inflation will make people greatly desire to apply for Murabahah financing because they are worried about a greater increase in inflation in the following year. This aldo occurs because the increase in inflation makes people save a lot in Sharia banks, so that banks must optimally use these funds in the form of financing operations of what is called Murabaha financing. The coefficient of determination is 0.9871, meaning that 98.71% of Murabahah financing in Sharia banks in Indonesia is explained by the inflation rate. Meanwhile, 1.29% is the variability of other variables on Murabahah financing, such as banking profit variables, CAR ratios, NPF ratios, and third party funds.

scholarly journals The Target and Achievements of Private Sector Credit in Bangladesh: A Monetary Policy Analysis

2014 ◽  
Vol 3 (2) ◽  
pp. 175-184
Author(s):  
Md. Moniruzzaman Muzib ◽  
Muhammad Rabiul Islam Liton ◽  
Md. Nazmus Sadekin ◽  
Md. Abdul Latif Mahmud
Keyword(s):  
Growth Rate ◽  
Monetary Policy ◽  
Central Bank ◽  
Inflation Rate ◽  
Jel Classification ◽  
Policy Statement ◽  
Sample Period ◽  
Classification Code ◽  
Macroeconomic Indicators ◽  
Investment Process

This paper tries to assess the monetary policy on macroeconomic indicators in Bangladesh. The central bank declares monetary policy statement twice in every year to pursue its macroeconomic goals.  The assessment provides that during the sample period, monetary policy is not strong enough to control the inflation rate. In addition, policies did not appear itself as ignition to the investment process as well as the growth rate of GDP. This assessment leaves an interesting outcome: monetary policy is not independent and strong enough to pursue its macroeconomics goals. JEL Classification Code: M51, M52  

scholarly journals Anteseden dan Konsekuen Realisasi Belanja Modal Pada Provinsi di Indonesia

1970 ◽  
Vol 4 (02) ◽  
pp. 195-206
Author(s):  
Arifahtun Zohrah ◽  
Suyanto Suyanto
Keyword(s):  
Economic Growth ◽  
Hypothesis Testing ◽  
Multiple Regression ◽  
Government Expenditure ◽  
Secondary Data ◽  
Jel Classification ◽  
T Test ◽  
Coefficient Of Determination ◽  
Variable Influence ◽  
Simple Regression

ABSTRACT The purpose of this research is to examine the antecendent of Government Expenditure Realization, whether there is influence of Original Local Income (PAD) and Balance Fund against Government Expenditure Realization, and to examine the consequence of Government Expenditure Realization, whether there is influence of Government Expenditure Realization against Economic Growth. The population of this research is 33 Provinces of Indonesia, and used secondary data of Government Budgets-realization of Indonesia Provinces from 2009 until 2013. This research used multiple regression in antecendent of Government Expenditure Realization testing and simple regression in consequence of Government Expenditure Realization testing. The hypothesis testing consist of coefficient of determination test, F test, and t test. The research revealed that in antecendent of Government Expenditure Realizationtesting, partially Original Local Income (PAD) variable and Balance Fund variable influence Government Expenditure Realization, and in Consecuent Government Expenditure Realization testing, partially Government Expenditure Realization influence Economic Growth. ABSTRAK Tujuan dari penelitian ini adalah untuk menguji Anteseden Realisasi Belanja Modal yaitu pengaruh Pendapatan Asli Daerah dan Dana Perimbangan terhadap Realisasi Belanja Modal, serta untuk menguji Konsekuen Realisasi Belanja Modal yaitu pengaruh Realisasi Belanja Modal terhadap Pertumbuhan Ekonomi. Populasi dalam penelitian ini adalah Provinsi di Indonesia, dan menggunakan data sekunder yang berupa Laporan Realisasi Anggaran (LRA) tahun 2009 sampai dengan tahun 2013. Penelitian ini menggunakan regresi berganda dalam pengujian Anteseden Realisai Belanja Modal dan regresi sederhana untuk pengujian Konsekuen Realisasi Belanja Modal. Uji hipotesis terdiri dari uji koefisien determinasi, uji F, dan uji t. Hasil penelitian menunjukkan bahwa dalam pengujian Anteseden Realisasi Belanja Modal, secara parsial Pendapatan Asli Daerah dan Dana Perimbangan berpengaruh terhadap Realisasi Belanja Modal, dan dalam Pengujian kosekuen, Realisasi Belanja Modal secara parsial berpengaruh terhadap Pertumbuhan Ekonomi. JEL Classification: M40

scholarly journals EFFECTS OF MOBILE BANKING ON CAPITAL STRUCTURE OF COMMERCIAL BANKS IN KENYA

2017 ◽  
Vol 2 (6) ◽  
pp. 20
Author(s):  
Musalia Kilasi Eric ◽  
Dr. Oluoch Oluoch
Keyword(s):  
Capital Structure ◽  
Commercial Banks ◽  
Secondary Data ◽  
Strong Relationship ◽  
Coefficient Of Determination ◽  
Mobile Banking ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Data Set ◽  
Descriptive Survey

Purpose: The aim of this study was to explore the effects of mobile banking on the capital structure of commercial banks in Kenya. Materials and methods: The study adopted descriptive cross sectional survey. The study population was 43 commercial banks in Kenya as at December 2015. The study adopted a descriptive survey research design that is cross-sectional in approach. The study covered the period 2010 to 2015. Secondary data set was gathered from the Audited Financial statements of the Banks, those deposited at the Nairobi Securities Exchange and CBK annual banking survey reports. A survey of all the 43 commercial banks was undertaken banks. A census of all the 43 banks was done. Statistical Package for Social Sciences (SPSS) version 21.0 complimented by STATA software was used to aid in data analysis. Results: The study revealed that amount of loans issued, amount of withdrawals, amount of deposits and number of mobile bank users were satisfactory variables in explaining capital structure of commercial banks in Kenya. This is supported by coefficient of determination of 59.41%. Result findings revealed that amount of deposits was positively and significantly related to capital structure of the commercial banks. Recommendations: It is therefore recommended that commercial banks focus on building a strong relationship with customers. Further, it is recommended that commercial banks expand the mobile banking through adoption of mobile technology. The study used secondary data to determine the relationship between mobile banking and capital structure of commercial banks in Kenya.

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