scholarly journals Dampak Penerbitan Obligasi Pemerintah

2008 ◽  
Vol 2 (2) ◽  
pp. 63-87
Author(s):  
Friska Parulian

This paper is written in order to explain all about the act of issuing government bonds in Indonesia. It starts with the background, which was the collapse of many banks, then, the consequences of this act. The huge number of these bonds relative to all variables in economy such as MI, M2, and also GDP will make some problems in the future. It will burden the budget by worsening the deficit and also influence the allocation. Furthermore it has crowding out effect to the private sector. Another big problem is how to market these bonds. Facing the condition of capital market that still underdeveloped, it will be difficult to sale the bonds. At the last part of this paper, some suggestions that can be implemented in order to solve some of the problems are offered, especially-about the development of the capital market. 

2021 ◽  
Vol 7 (1) ◽  
pp. 103
Author(s):  
Cordelia Onyinyechi Omodero ◽  
Philip Olasupo Alege

The growth of an emerging capital market is necessary and requires all available resources and inputs from various sources to realize this objective. Several debates on government bonds’ contribution to Nigeria’s capital market developmental growth have ensued but have not triggered comprehensive studies in this area. The present research work seeks to close the breach by probing the impact of government bonds on developing the capital market in Nigeria from 2003–2019. We employ total market capitalization as the response variable to proxy the capital market, while various government bonds serve as the independent variables. The inflation rate moderates the predictor components. The research uses multiple regression technique to assess the explanatory variables’ impact on the total market capitalization. At the same time, diagnostic tests help guarantee the normality of the regression model’s data distribution and appropriateness. The findings reveal that the Federal Government of Nigeria’s (FGN) bond is statistically significant and positive in influencing Nigeria’s capital market growth. The other predictor variables are not found significant in this study. The study suggests that the Government should improve on the government bonds’ coupon, while still upholding the none default norm in paying interest and refunding principal to investors when due.


2019 ◽  
Vol 19 (2) ◽  
pp. 484
Author(s):  
Ainul Azizah

Insider trading is one of the crimes in the capital market that causes a lot of material loss to the victim. Such a large loss has caused fears of investors to trade on the capital market in Indonesia. For this reason, the government is trying to prevent insider trading, the government has made a Capital Market Law, but this is not enough. For this reason, policies need to be made relating to criminal sanctions for perpretators insider trading in the future. The research method used is the normative legal research method. With a conceptual approach, comparison and Law. The legal issues that will be examined are the legal and philosophical foundations of criminal sanctions for perpetrators insider trading and criminal law policies relating to criminal sanctions for perpetrators insider trading in the future? The result is a legal basis for criminal sanctions for perpetrators insider trading is to provide a deterrent effect to the perpetrators so that it does not happen again and protect the public from insider trading. Policies relating to criminal sanctions for perpetrators insider trading are the use of schikking in resolving insider trading and by using non-litigation methods.Keyword : criminal sanctions; insider trading; comparison. 


2020 ◽  
Vol 10 (1) ◽  
pp. 13
Author(s):  
Suradiyanto Suradiyanto

Parties that require investment fund is not limited to the government alone, but also other productive sectors of the private sector. If the government usually acts as an initiative taker physical infrastructure development, the private sector (individuals and companies) to act as a driver of economic activity such as attempts commercial production of goods and services calculated based on pure business will be profitable. All this requires a good investment fund short-term nature, such as working capital for the cost of operational needs, as well as long-term funds such as for procurement of fixed assets required. In order to meet the needs of the company will fund as a means of financing and development can be done through various options of financing the company and one of the company's financing alternatives can be done by finding others to participate invest in the company. This can be done by selling the majority ownership of the company to the general public by way of public offering (go public) through the capital market. Initial public offerings made by the company through the capital market can make the company receives cash from the public which can then be used by the company for financing and development of the company


Author(s):  
Andreea Curmei-Semenescu ◽  
Elena Valentina Ţilică ◽  
Cătălin Valeriu Curmei

Abstract The investment policy is an important vehicle of growth for a company. Therefore, it should be one of the most important signals for investors on the capital market. We use the statistical analysis of the investors’ reactions to different patterns of investment policy to highlight their preference for an active investment policy and the changes induced by the financial crisis. By a comparative analysis of investors’ preferences with the information on the accounting-based performance recorded simultaneously and in the future economic exercise, we focus on the extent and limits of the investors’ rationality around the financial crisis.


2018 ◽  
Vol 10 (1) ◽  
pp. 13
Author(s):  
Suradiyanto Suradiyanto

Parties that require investment fund is not limited to the government alone, but also other productive sectors of the private sector. If the government usually acts as an initiative taker physical infrastructure development, the private sector (individuals and companies) to act as a driver of economic activity such as attempts commercial production of goods and services calculated based on pure business will be profitable. All this requires a good investment fund short-term nature, such as working capital for the cost of operational needs, as well as long-term funds such as for procurement of fixed assets required. In order to meet the needs of the company will fund as a means of financing and development can be done through various options of financing the company and one of the company's financing alternatives can be done by finding others to participate invest in the company. This can be done by selling the majority ownership of the company to the general public by way of public offering (go public) through the capital market. Initial public offerings made by the company through the capital market can make the company receives cash from the public which can then be used by the company for financing and development of the company


1986 ◽  
Vol 11 (1) ◽  
pp. 5-12
Author(s):  
RH Patil

In this Perspectives piece, R H Patil, a specialist on capital markets and stock exchanges, analyses the challenging task before the private corporate sector in raising funds from the capital market to meet the investment targets envisaged in the Seventh Plan. Author of several articles on capital markets and finance, R H Patil is General Manager (Research & Planning], Industrial Development Bank of India, Bombay.


2007 ◽  
Vol 13 (3) ◽  
pp. 198-203 ◽  
Author(s):  
Stanisław Krupka

The paper is dedicated to a thorough analysis of the formation of the securities market in Ukraine, which follows the hash transitional road to market economy full of political vibes and the fight of interest groups reflected in the so‐called “grey” or “black” economy. Therefore the path to developing the market of securities in Ukraine was not easy. An overview of the related laws and directives passed in Ukraine is presented with the author's comments, suggestions and scientific reasoning of how the market of securities developed then and what are the prospects for the future. With this purpose in mind, the author presents data on the legal efforts of the Ukrainian Government to prepare a fruitful soil for the development of securities market and discussed the obstacles, which posed and still pose threats for an adequate functioning of the Ukrainian market of securities. Some European comparisons are taken into account, especially from the Frontier's group countries.


2003 ◽  
pp. 95-101
Author(s):  
O. Khmyz

Acording to the author's opinion, institutional investors (from many participants of the capital market) play the main role, especially investment funds. They supply to small-sized investors special investment services, which allow them to participate in the investment process. However excessive institutialization and increasing number of hedge-funds may lead to financial crisis.


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