scholarly journals PENGARUH LEVERAGE, RETURN ON INVESTMENT (ROI), RETURN ON EQUITY (ROE), COST OF CAPITAL (COC) TERHADAP INVESTASI ASING LANGSUNG PADA MULTINATIONAL CORPORATION YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Sofyan Halim

This study aims to examine and examine the effects of leverage, return on investment, return on equity and cost of capital on foreign direct investment in multinational corporations listed on the Indonesia Stock Exchange. By using a causal method with the aim to test the hypothesis about the effect of leverage, ROA, ROE and cost of capital to foreign direct investment. In addition, it aims to examine the relationship between variables that are symmetrical, with a sample of 66 PMA companies listed on the Indonesia Stock Exchange. Based on result of hypothesis test of research get result that Laverage, Return On Investment, Return On Equity and Cost Of Capital have no effect to foreign direct investment, in this case is portion of foreign stock at PMA company that researched

Author(s):  
Frederick Lehmann ◽  
Ana Teresa Tavares-Lehmann

This chapter examines transparency in relation to inward foreign direct investment (FDI), particularly inward investment-focused policies and incentives. It begins by reviewing the literature on transparency and inward investment incentives before discussing some of the merits of transparency based on its effects on the quantity and quality as well as the process by which FDI is attracted. It then considers the distinction between transparency in norms versus transparency in processes and how these differences affect FDI attraction. It also explores multilevel transparency and its impact on inward investment, along with multiparty transparency and its effect on FDI. The chapter concludes by focusing on the relationship between multinational corporations and host countries.


2019 ◽  
Vol 58 (4) ◽  
pp. 705-724 ◽  
Author(s):  
Ruicheng Wang ◽  
William Chongyang Zhou

Purpose Most previous research assumes that the outward foreign direct investment (OFDI) decisions of multinational corporations (MNCs) are made independently of the actions or characteristics of their peers. Therefore, the important influence of peer effects on the OFDI strategy is often neglected. The purpose of this paper is to identify two broad categories of peer effects, i.e. learning-based and profit-driven imitations and examine the important influence of peer effects on MNCs’ internationalization strategy. Design/methodology/approach Using Chinese manufacturing firms as the empirical sample, the authors employ an econometric method (logit regression) to test the relationship between peer effects and an internationalization strategy. Findings Learning-based and profit-driven imitations are positively associated with a focal MNC’s OFDI decision. Policy uncertainty also positively moderates the relationship between peer effects and the OFDI strategy. Moreover, both peer effects are amplified when a firm is equipped with a dense export network. Originality/value The study offers researchers and practitioners a detailed view of interorganizational imitation behavior in terms of an internationalization strategy.


Author(s):  
Duane Windsor

This chapter surveys information available in English from public sources concerning levels and composition of corruption in the five countries of Central Asia. Similarly, the chapter examines relevant information available in English from public sources concerning anti-corruption reform efforts in Central Asia. Focus is on the relationship between corruption and reform and economic, educational, and touristic development in the five countries. There is consideration of possible links to foreign direct investment and operations by multinational corporations. There is some comparison to neighboring countries. The chapter proceeds in the following phases. The first step is to assemble available information and studies concerning corruption and anti-corruption conditions in the five countries. The second step is to assess the determinants and consequences of both corruption and anti-corruption reform. The third step is to place information and assessment into regional context. The chapter provides a conceptual framework for interpreting detailed country information.


IQTISHODUNA ◽  
2011 ◽  
Vol 4 (2) ◽  
Author(s):  
Aditya Rusli

Stock Exchange truly is a set of arrangement which enables long-term claim exchange, enables addition of financial assets (and debt) and at the same time, enables investor to always change and adjust his investment portfolio (through secondary market). For people in general, the existence of Stock Exchange can be an alternative choice of In this study, researcher used firm internal fundamental variables to test the relation of some fundamental variables on the price of stock. Internal fundamental variables like Price Earning Ratio, Price Book Price, Debt to Equity Ratio, Total Asset Turnover, Return on Investment, Return on Equity, Net Profit Margin, and Operating Profit Margin can be used as fundamental analysis variables that affect changes on stock price. Analysis model used was double regression model using 10 emitted mining companies’ stocks.The results of the study showed the existence of effect either all together or partially on fundamental variable against changes of stock price on go public mining companies in Jakarta Stock exchange (JSC). Of eight variables proposed; Price Earning Ratio, Return on Investment, Return on Equity, and Operating Profit Margin variables are variables that might affect stock price. Independent variables that affect stock price is Operating Profit Margin variables which means that mining sector can be a very prospective sector in the future if it is supported with good performance and good activities as well.


Author(s):  
Shibu Thomas Refai ◽  
Fathy Al Gamel

The current research aims to study and analyze the investment portfolio in banks and how to manage, study and analysis on the Iraqi banks period 2010-2018 to show the impact of the efficiency of the management of investment portfolio on the profitability of commercial banks listed on the Iraqi Stock Exchange. The study was conducted on all Iraqi commercial banks listed in the Iraqi financial market, where the researcher first calculated the 2012 index and the risk of the investment portfolio and the return of the investment portfolio, the banks, which represent the independent variable, return on investment and return on equity, and the risk-free return as control and subsidiary variables. A financial analysis aimed at identifying the effect of the efficiency of the management of the investment portfolio on the profitability of commercial banks. The results of the analysis were identical with the results of the statistical analysis, which was performed using the simple regression equation and multiple regression to identify the effect and correlation coefficient Pearson to identify the relationship between the independent variable and the dependent variable. The main results of the study were the absence of statistically significant impact on the level of risk-free return on The return on investment and the return on equity and the absence of statistically significant impact at the same level of return on the investment portfolio on both the return on investment and the return on equity and the exi


2018 ◽  
Vol 4 (2) ◽  
pp. 10-21
Author(s):  
Diana Ratnasari ◽  
Yuli Chomsatu Samrotun ◽  
Anita Wijayanti

This study aimsato Determine and analyzeathe influence of financialaperformance (returnson investment and return on equity) and good corporate governance (managerial ownership, independent board of commissioner, and the auditacommittee) to the value of the company. The population insthissstudysaresallsmanufacturingscompaniedslistedsonsthesIndonesia Stock Exchange period 2014 to 2016. Sampling technique in this study using purposive samplingsmethod, Obtained a sample of 19 companies over three periods, the resulting in a total sample of 57. Data analysis techniques used is using multiplearegressionaanalysis. The results of the feasibility study models (F test) shows that the variables return on investment, return on equity, managerial ownership, independent boardaofaCommissioners, andatheaauditacommittee influence the value of the company. The result of hypothesis test (t test) shows that the variable of return on investment, return on asset, and independent board of commissioner influence to firm value, while managerial ownership variable and audit committee have no effect to company value.  


2020 ◽  
Vol 2020 (66) ◽  
pp. 65-85
Author(s):  
هيثم عبد النبي موسى ◽  
أ .د حيدر نعمة غالي الفريجي

This study dealt with the effect of foreign direct investment on the market value of the company during the period of time (2010-2017). This issue was studied through a sample of oil fields in southern Iraq in which the company operates within the first and second licensing contracts rounds and according to the circumstances and variables of the investment environment as it is. Although this investment often achieves high returns, it is also characterized by a high degree of risk and for the purpose of evaluating the impact of foreign direct investment on the market value of the company's stock prices for the period (2010-2017). The statistical scale (T-TEST) was used to indicate the significance of the correlation hypotheses. Between the return on investment as the independent variable and the market value as the dependent variable, and the use of the coefficient of determination (R2) that measures the effect of the independent variable (foreign direct investment) on the dependent variable (market value) and the F-Test to demonstrate acceptance or rejection of the hypothesis of the return on investing in the market value of the oil company, and if the company achieves a high return in foreign direct investment, the market value of it will be affected positively. The study was based on a set of goals, including determining the attractiveness of Iraq to foreign investments, especially the oil sector, and the study reached a number of conclusions, the most prominent of which is the existence of a strong inverse correlation between the return on investment and the market value of the company. And the existence of a slight impact of the return on investment on the market value of the company, and the study reached a number of recommendations, the most important of which is activating the investment climate through political stability and the clarity and stability of laws and legislation regulating investment, which is one of the most important factors affecting the investment decision.


2017 ◽  
Vol 13 (1) ◽  
pp. 46-62
Author(s):  
Aries Veronica

The purpose of this study was to determine financial performance to stock price ofminning industries at Indonesian Stock Exchange . This research is field research withdata collection techniques using documentation that the sample size is as much as 33emitten. To test the effect of the financial performance to stock price used multipleregression analysis techniques and to test research hypotheses, F test and t test.From the results of calculations using SPSS for Windows version 17, showed that: thevalue of R Square (R2) illustrates that the Stock price (Y), can be explained by thefinancial performance amounted to 65.6%, while the rest 34.4%, can be explained byother factors, which are not included in this study. F Hypothesis test results, obtainedvalue of sig. (98,701)>(0.05), this means that there is influence of the current ratio, totalasset turnover , return on investment, and total debt to total asset ratio together againststock price. While the results of hypothesis testing t as follows: 1) sig. (0.000)< (0.05),which means that there is effect current ratio to stock price; 2) sig.(0.004) < (0.05),which means that there is effect debt to equity ratio to stock price; 3) sig.(0.846) >(0.05), which means that there is no effect total asset turnover to stock price; 4)sig.(0.000) (0.05), which means that there is no effect return on investment to stock price,and 5) sig.(0.700)>(0.05), which means that there is no effect total debt to total assetratio to stock price


Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 332
Author(s):  
Janusz Grabara ◽  
Arsen Tleppayev ◽  
Malika Dabylova ◽  
Leonardus W. W. Mihardjo ◽  
Zdzisława Dacko-Pikiewicz

In this contemporary era, environmental problems spread at different levels in all countries of the world. Economic growth does not just depend on prioritizing the environment or improving the environmental situation. If the foreign direct investment is directed to the polluting industries, they will increase pollution and damage the environment. The purpose of the study is to consider the relationship between foreign direct investment in Kazakhstan and Uzbekistan and economic growth and renewable energy consumption. The study is based on data obtained from 1992 to 2018. The results show that there is a two-way link between foreign direct investment and renewable energy consumption in the considered two countries. The Granger causality test approach is applied to explore the causal relationship between the variables. The Johansen co-integration test approach is also employed to test for a relationship. The empirical results verify the existence of co-integration between the series. The main factors influencing renewable energy are economic growth and electricity consumption. To reduce dependence on fuel-based energy sources, Kazakhstan and Uzbekistan need to attract energy to renewable energy sources and implement energy efficiency based on rapid progress. This is because renewable energy sources play the role of an engine that stimulates the production process in the economy for all countries.


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