scholarly journals Dampak Aliran Dana Asing terhadap Fluktuasi Harga Saham (Studi pada Saham-Saham dalam Kelompok JII-70)

2021 ◽  
Vol 7 (3) ◽  
pp. 135
Author(s):  
Nurharyati Panigoro
Keyword(s):  
Capital Market ◽  
Stock Price ◽  
Foreign Capital ◽  
Share Prices ◽  
Panel Data Regression ◽  
Data Regression ◽  
Foreign Capital Flows ◽  
The Impact ◽  
Daily Period

Derasnya aliran dana asing yang masuk ke pasar modal Indonesia membuat meningkatnya nilai kapitalisasi di pasar modal. Transaksi asing terhadap suatu saham juga akan menjadi sinyal positif bagi investor dalam menilai kualitas fundamental suatu saham. Penelitian ini bertujuan untuk melihat dampak aliran dana asing (beli dan jual) terhadap fluktuasi harga saham. Sampel yang digunakan dalam penelitian ini sebanyak 10 perusahaan yang diambil dari daftar kelompok saham-saham yang masuk dalam Jakarta Islamic Index (JII). Data yang digunakan berupa data transaksi posisi asing dan harga penutupan saham pada periode harian selama bulan Oktober–Desember 2020. Dengan menggunakan teknik regresi data panel diperoleh kesimpulan bahwa posisi jual-beli asing memberikan pengaruh yang positif dan signifikan dalam perubahan harga saham perusahaan. Pembelian asing akan mampu memberikan efek kenaikan harga saham, demikian pula sebaliknya.   Swift flow of foreign funds into the capital market has increased the capitalization of transactionin the stock market. Foreign transactions against a stock will also be a positive signal for investors in assessing the fundamental quality of a stock. The purpose of this study is to determine the impact of foreign capital flows (buying and selling) on stock price fluctuations. The sample used in this study were 10 companies taken from the list of stocks included in the Jakarta Islamic Index (JII). The data used is in the form of foreign position transaction data and stock closing prices in the daily period during October - December 2020. By using the panel data regression technique, it is concluded that the foreign trade position has a positive and significant effect on changes in the company’s stock price. Foreign purchases will be able to give the effect of an increase in share prices, and vice versa.

scholarly journals Financial Ratios and Share Prices of JII70 Indexed Companies for the 2018-2020 Period

2021 ◽  
Vol 6 (1) ◽  
pp. 23
Author(s):  
Ahmad Fauzan ◽  
Rindang Matoati
Keyword(s):  
Panel Data ◽  
Capital Market ◽  
Stock Prices ◽  
Stock Price ◽  
Share Price ◽  
Stock Index ◽  
Financial Ratios ◽  
Financial Ratio ◽  
Panel Data Regression ◽  
Data Regression

  Abstract: The sharia capital market in Indonesia has grown over the last five years. One of the members of the sharia capital market instrument is sharia shares. During the 2015-2020 period, the number of Islamic stock issuers continued to grow. The stock index is used by investors as a tool to choose stocks that suit their needs. IDX has issued three sharia stock indexes, and the most recent one is the JII70 index. A stock index is a collection of statistics about the price movement of a group of stocks that is evaluated periodically. One of the many factors that influence stock prices is the company's financial ratios. This study aims to analyze the influence of financial ratio factors such as Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TATO), Return on Equity (ROE) and Earning per Share (EPS) on the stock price of JII70 indexed companies. The data used is secondary data in the form of JII70 indexed company financial statements in the 2018-2020 period. The method of determining the sample using purposive sampling. This research uses panel data regression analysis method. The results of this study show a significant effect of the DER and EPS variables on stock prices, while the CR, TATO and ROE variables do not significantly affect stock prices.Keywords: Share Price, JII70, Financial Ratio, Panel Data Regression, Sharia Shares

PENGARUH TINGKAT KESEHATAN BANK TERHADAP HARGA SAHAM PERBANKAN UMUM KONVENSIONAL TERDAFTAR DI BEI 2014-2018

2020 ◽  
Vol 8 (2) ◽  
Author(s):  
Bella Salsabilla ◽  
Irni Yunita
Keyword(s):  
Stock Price ◽  
Stock Exchange ◽  
Capital Adequacy ◽  
Insignificant Effect ◽  
Good Corporate Governance ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Capital Adequacy Ratio ◽  
Data Regression ◽  
The Impact

<em>This research purpose is to analyze the impact of bank soundness on stock price both simultaneously and partially. This research conducted on several indicators which represented by each ratio. There are Good Corporate Governance (GCG), risk profile represented by Non Performing Loan (NPL), capital represented by Capital Adequacy Ratio (CAR), and earning represented by Return on Asset (ROA). The population was conventional banking companies listed on Indonesia Stock Exchange during 2014-2018. Sampling method used in this research was purposive sampling and obtained 32 banking companies as a sample. This research using quantitative method. Analysis technique used in this reseach was panel data regression. The result shows that simultaneously NPL, ROA, CAR have insignificant effect on stock price. However, partially there was a significant effect between GCG and stock price. While the others variable have insignificant effect on stock price.</em>

scholarly journals The Impact of UEFA Financial Fair Play Regulation on Audit Fees: Evidence from Spanish Football

2018 ◽  
Author(s):  
Mercedes Mareque ◽  
Angel Barajas ◽  
Francisco Lopez-Corrales
Keyword(s):  
Audit Fees ◽  
Fair Play ◽  
Financial Fair Play ◽  
Football Clubs ◽  
Panel Data Regression ◽  
Data Regression ◽  
Regulation Change ◽  
Audit Reports ◽  
The Impact

This paper analyzes if the Financial Fair Play (FFP) regulations set by UEFA have influenced the auditing fees charged to the football clubs. In addition, it explores the determinants of audit fees. We use a two-sample t test with equal variances to determine whether differences are present. After this, we carry out a panel data regression with clubs fix effect to estimate the determinants of audit fees in football clubs. Our findings reveal an increase of audit fees after the implementation of FFP regulations. On top of that, audit fees are explained by the presence of foreign investors if the audit firm is one of the Big4 and if the auditor is a woman. The regulation change has an impact on the audit fees charged by auditors for their services. However, this increase can be compensated across future years given the improving financial situation of clubs; therefore, the auditors&rsquo; risk diminishes and subsequent audit fees may be reduced. UEFA should monitor audit fees as well as the quality of the audit reports, which have become crucial to obtaining the license to participate in UEFA competitions.

scholarly journals PENGARUH KINERJA PASAR MODAL ASING TERHADAP KINERJA PASAR MODAL INDONESIA

2008 ◽  
Vol 5 (1) ◽  
Author(s):  
* Istiono
Keyword(s):  
Capital Markets ◽  
Capital Market ◽  
Performance Index ◽  
Stock Price ◽  
Foreign Capital ◽  
Market Performance ◽  
Fund Flows ◽  
Price Indexes ◽  
The Impact

Globalization has facilitated fund-flows from one capital market to other capital markets, thus it has united the capital markets in all countries. The research has a goal to know the impact of foreign capital markets performance to the Indonesian capital market performance. The capital markets performance is measured by stock price indexes of each capital market during two years.             The performance of all capital markets, simultaneously affect the performance of the Indonesian capital market significantly. Partially, however, only a few of foreign capital market performance affect significantly the Indonesian capital market performance. Keywords: performance, index, and capital market.

scholarly journals Prediksi Harga Saham Perusahaan Operator Telekomunikasi Selular pada Masa Pandemi Menggunakan Metode Binomial

2021 ◽  
Vol 1 (1) ◽  
pp. 1-6
Author(s):  
Ferliana ◽  
Yani Ramdani ◽  
Yurika Permanasari
Keyword(s):  
Capital Market ◽  
Stock Prices ◽  
Stock Price ◽  
Mobile Telecommunications ◽  
Binomial Tree ◽  
Share Prices ◽  
Corona Virus ◽  
Short Time ◽  
Difficult Times ◽  
The Impact

Abstract. The corona virus causes all activities to be carried out online so that all activities require Internet access which makes mobile telecommunications operator companies one of the promising investments in this pandemic. Stock investing allows investors to get profits in a relatively short time. Investments in stocks are currently unstable, as the whole world has been in difficult times since the coronavirus. Capital market players can feel the loss, which causes share prices to tend to decline. The impact of the corona virus is to paralyze all areas, especially the economy, so that an investor must be able to predict an increase or decrease in stock prices. The binomial method helps investors to predict the possibility of a stock price that will occur and is clarified by using a binomial tree that can be predicted in the form of stock prices by having the possibility of four predictions, two predictions describing an increase in shares and two other predictions describing the possibility of a falling stock price. Abstrak. Virus korona menyebabkan semua kegiatan dilakukan melalui daring (online) sehingga semua kegiatan memerlukan akses Internet yang membuat perusahaan operator telekomunikasi seluler menjadi salah satu investasi yang menjanjikan dimasa pandemi ini Investasi ialah komitmen menempatkan sejumlah dana dalam waktu yang cukup lama untuk memperoleh keuntungan di masa datang. Investasi saham memungkinkan investor mendapatkan keuntungan  dalam waktu yang relatif singkat. Investasi dalam bentuk saham pada saat ini tidaklah stabil, karena seluruh dunia dalam masa sulit semenjak adanya virus korona. Kerugianpun dapat dirasakan oleh pelaku pasar modal yang menyebabkan harga saham cenderung menurun. Dampak virus korona adalah melumpuhkan segala bidang terutama perekonomian sehingga sebagai seorang investor harus bisa memprediksi peningkatan atau penurunan harga saham. Metode binomial membantu investor untuk memprediksi kemungkinan harga saham yang akan terjadi dan diperjelas dengan menggunakan pohon binomial hasil prediksi yang di dapat berupa harga saham dengan memiliki kemungkinan empat prediksi dua prediksi menggambarkan kenaikan saham dan dua prediksi lain menggambarkan kemungkinan harga saham turun.

scholarly journals Penanaman modal asing dan demokrasi: analisis data panel Provinsi-Provinsi di Indonesia

2021 ◽  
Vol 16 (2) ◽  
pp. 335-342
Author(s):  
Dolly Hazmi ◽  
Fitri Ayu ◽  
Neng Kamarni
Keyword(s):  
Foreign Investment ◽  
Random Effect ◽  
Random Effect Model ◽  
Domestic Investment ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression ◽  
Investment Capacity ◽  
The Impact

Foreign investment is very important for developing countries in economic development because of the low domestic investment capacity. Democracy is considered as one of the aspects that has an impact on investment, although there is still debate as to whether the impact is positive, negative, or neutral. Many other factors influence the inflow of foreign investment into a country, including the size of the economy, the level of wages, domestic investment, and the quality of human resources. Using a panel data regression analysis of provinces in Indonesia with a random effect model, we try to look at the factors that influence foreign investment inflows to Indonesia. We find that the democracy index in Indonesia's provinces does not affect foreign investment inflows  

Capital Structure and Earnings per Share: An Empirical Analysis of Indian Corporate Sector

2015 ◽  
Vol 5 (3) ◽  
Author(s):  
Harvinder Singh Mand ◽  
Manjit Singh
Keyword(s):  
Capital Structure ◽  
Empirical Analysis ◽  
Corporate Sector ◽  
Independent Variables ◽  
Earnings Per Share ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact ◽  
The Relationship ◽  
The Empirical Analysis

This paper intends to measure the impact of capital structure on EPS (earnings per share) in Indian corporate sector. Fifteen control variables along with capital structure have been selected to know their impact on EPS. Panel data regression has been applied to establish the relationship among dependent and independent variables. It is found from the empirical analysis that the relation of capital structure with EPS has been statistically insignificant in Indian corporate sector among all specific industries except telecommunication industry. The results are consistent with Modigliani-Miller approach.

scholarly journals Impacts of Monetary Policy on Commercial Banks’ Profits: The Case of Vietnam

2017 ◽  
Vol 13 (8) ◽  
pp. 32
Author(s):  
Thanh Nhan Nguyen ◽  
Ngoc Huong Vu ◽  
Ha Thu Le
Keyword(s):  
Monetary Policy ◽  
Commercial Banks ◽  
Positive Impact ◽  
Monetary Policies ◽  
Significance Level ◽  
Doing Business ◽  
Panel Data Regression ◽  
Banking Market ◽  
Data Regression ◽  
The Impact

This paper mainly concentrates on examining the impact of monetary policy on commercial banks’ profit in Vietnam by using panel data regression. In our study, the data is collected from 20 commercial banks which were doing business in Vietnam’s banking market, ranging from 2007 to 2014 in annually frequency. Monetary base (MB), discount rate (DIS) and required reserve ratio (RRR) are used as proxies for monetary policy. Profit before tax (PROFIT) is used to represent commercial banks’ performance. The results show that there is a positive relationship between banks’ profits and monetary policies. Among those chosen variables representing SBV’s monetary policy, only MB has a significant positive impact on bank’s profit at the significance level of 10%. On this premise, the study recommends that MB should be one of the variables in the center of being concerned in the SBV’s policies regarding the banking performance and stability.

scholarly journals Pengaruh Capital Intensity, Liquidity dan Sales Growth Terhadap Agresivitas Pajak

2021 ◽  
Vol 9 (3) ◽  
Author(s):  
Fanny Nisadiyanti ◽  
Willy Sri Yuliandhari
Keyword(s):  
Coal Mining ◽  
Sample Selection ◽  
Capital Intensity ◽  
Sales Growth ◽  
Tax Aggressiveness ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Impact ◽  
Research Period ◽  
Positive Effect

The purpose of this study s to find out the impact of capital intensity, liquidity and sales growth on tax aggressiveness. This study uses a population in the coal mining sub-industry corporate listed on the IDX from 2016 to 2019 period. The sample selection technique used is purposive sampling, 14 coal mining sub-industry corporate were selected and the research period was 4 years. Therefore, as many as 56 samples were obtained in this study. The data analysis method used is panel data regression analysis using EViews 11 software. The results show that capital intensity, liquidity and sales growth affect tax aggressiveness simultaneously. Partially, liquidity has a positive effect on tax aggressiveness, while capital intensity and sales growth do not affect tax aggressiveness.

scholarly journals Foreign capital flows, exports and growth in Zambia

2015 ◽  
Vol 5 (4) ◽  
pp. 26-37
Author(s):  
Kunofiwa Tsaurai
Keyword(s):  
Capital Flows ◽  
Foreign Capital ◽  
Growth Enhancement ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run ◽  
Short Run ◽  
Foreign Capital Flows ◽  
Causality Relationship ◽  
The Impact

This study investigates the causality between FDI net inflows, exports and GDP using Vector Error Correction Model (VECM) approach. The words foreign capital flows and FDI are used interchangeably in this study. The findings from the VECM estimation technique is six fold: (1) the study revealed a long run causality relationship running from exports and GDP towards FDI, (2) the study showed a non–significant long run causality relationship running from FDI and exports towards GDP and (3) the existence of a weak long run causality relationship running from FDI and GDP towards exports in Zambia. The study also found out that no short run causality relationship that runs from FDI and exports towards GDP, short run causality running from FDI and GDP towards exports does not exist and there is no short run causality relationship running from exports and GDP towards FDI. Contrary to the theory which says that FDI brings along with it a whole lot of advantages (FDI technological diffusion and spill over effects), the current study found that the impact of FDI in Zambia is not significant in the long run. This is possibly because certain host country locational characteristics that ensures that Zambia can benefit from FDI inflows are not in place or they might be in place but still not yet reached a certain minimum threshold levels. This might be an interesting area for further research. On the backdrop of the findings of this study, the author recommends that the Zambian authorities should formulate and implement export promotion strategies and economic growth enhancement initiatives in order to be able to attract more FDI.

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