scholarly journals AN OPTIMAL PORTFOLIO COMPARISON OF SYARIAH STOCKS BEFORE AND AFTER THE WEAKENING OF THE 2015 INDONESIAN ECONOMY

2020 ◽  
Vol 3 (01) ◽  
pp. 28
Author(s):  
Ahmad Ridho Darmawan
Keyword(s):  
Economic Growth ◽  
Stock Return ◽  
Sampling Method ◽  
Optimal Portfolio ◽  
Portfolio Performance ◽  
The Past ◽  
Stock Portfolios ◽  
Portfolio Strategies ◽  
Before And After ◽  
The Impact

<p><em>This paper contains the results of a comparative study of Islamic stock portfolios between the years of 2014-2016. In 2015, Indonesia's economic growth experienced the lowest weakening in the past 6 years. The Jakarta Islamic Index (JII) on 2014 experienced an uptrend, in 2015 it rebounded to a downtrend, and in 2016 an uptrend is experienced again. The purpose of this study was to compare the performance of Islamic stock portfolios before, during and after the weakening of the Indonesian economy and to find the impact of the optimal portfolio strategies in conditions of fluctuating economic growth performance. The population are all the Islamic stocks that are listed on JII in every period during the years of 2013 - 2016. The sample used the Purposive Sampling method, the portfolio performance assessment used the Treynor index and analyzed the data using the Paired-sample T-Test. The results of the study are that (H1) was rejected with a significance value of 0.699&gt; 0.05, (H2) was rejected with a significance value of 0.910&gt; 0.05 and (H3) was rejected with a significance value of 0.797 &lt;0.05. In conclusion, all the hypotheses (H1, H2, H3) are rejected and H0 is accepted. Based on these results, the use of the optimal portfolio method in investment is able to minimize the risks, although it doesn’t eliminate the risk.</em><em></em><strong><em></em></strong></p><p><strong><em>Keywords</em></strong><strong>: </strong><em>Jakarta Islamic Index</em><em>, </em><em>Stock Portofolio, Stock Return, Stock Risk</em><em></em></p>

Non-Financial Determinants and economic fluctuations – evidence from Yemen

2019 ◽  
Vol 35 (3) ◽  
pp. 376-391
Author(s):  
Sulaiman Abdullah Saif Alnasser Mohammed
Keyword(s):  
Economic Growth ◽  
Arab World ◽  
Economic Status ◽  
Oil Price ◽  
Research Review ◽  
Content Type ◽  
Before And After ◽  
Additional Reference ◽  
The Arab Spring ◽  
The Impact

Purpose This paper aims to examine, by way of an analytical research review, the reasons for the fluctuations in the economic growth of the country of Yemen during the period from 2000 to 2014. The authors are trying to generate the answers to the following questions: Has tourism, oil price, politically instability improved? What is the impact of tourism, oil price and politically instability on economic growth before and after turbulence time? We have found that very low number of papers have written about the topic. Yemen, as a developing country, has been under the influence of an turbulence time. The term “turbulence time” refers to the series of independent uprisings that occurred in 2010 across the Arab world. There is a lack of understanding concerning the economic growth status in the existing literature during this period. Design/methodology/approach The authors use vector error-correction model to examine the impact of candidate variables .This review and analysis could provide an additional understanding in terms of the factors contributing to economic growth in Yemen; particularly before and after the turbulence time. Findings Despite oil prices having appreciated and the unemployment rate having improved, particularly after the Arab Spring, political instability has dominated the scope of determinants for economic growth in Yemen. To address the objective of this study. Originality/value This paper provides an additional reference about the economic status of Yemen.

scholarly journals Labour force participation in New Zealand: Tecent trends, future scenarios and the impact on economic growth.

1970 ◽  
Author(s):  
David Paterson ◽  
Simon Brown
Keyword(s):  
Economic Growth ◽  
New Zealand ◽  
Labour Force ◽  
Participation Rate ◽  
Labour Force Participation ◽  
Population Ageing ◽  
The Past ◽  
To Come ◽  
The Impact

This paper examines labour force participation trends in New Zealand, how we compare to the rest of the OECD and how participation and economic growth might be affected in the future by population ageing. Participation has risen significantly over the past 20 years despite an increase in the average age of the working­age population. We have looked at how participation has changed by age, gender and ethnicity. By contrast, average hours worked has declined over the past 20 years and we consider the reasons for that. Population ageing means the recent growth seen in labour force participation is likely to come to an end, with the participation rate projected to decline over the medium term. Falling participation will have a dampening effect on economic growth. We have investigated the impact of declining participation on gross domestic product using official labour force projections and identified a range of scenarios for what participation might look like in the year 2029. In each scenario, we discuss the impact on economic growth. Most other OECD countries are in a similar situation to us with respect to population ageing. We have looked at the latest Australian projections for economic growth in the long term and the increased growth in New Zealand’s productivity that would be necessary to begin to close the gap on Australia.

scholarly journals Is Environmental Training Critical to Environmental Sustainability Behaviour

2014 ◽  
Vol 3 (3) ◽  
pp. 241-251
Author(s):  
OT Aladesanmi ◽  
IO Ogundari ◽  
OG Oladipo ◽  
OE Ilevbare ◽  
GA Ali
Keyword(s):  
Statistical Analysis ◽  
Environmental Sustainability ◽  
Sampling Method ◽  
Postgraduate Students ◽  
Purposive Sampling ◽  
The Past ◽  
The Impact ◽  
Structured Questionnaire

In the past few decades, concern for the environment has increased significantly with evidences of change in perception of people's values and attitudes towards the environment. This study presents the results of a survey carried out among postgraduate students undergoing training in environmental and non-environmental fields with the aim of comparing their environmental sustainable behaviour. The purpose of the study was to evaluate the impact of environmental training on the postgraduate students? awareness, perceptions and behaviours with focus on the attitudes of the respondents towards environmental sustainability, and how these attitudes affect their behaviour. A purposive sampling method was used to obtain data using a semi-structured questionnaire. The respondents comprised of 50 and 47 postgraduate students undergoing training in environmental and non-environmental respectively. The data was subjected to statistical analysis using SPSS. The results of the study revealed that most of the students in environmental fields readily transferred the knowledge acquired in their training to a sustainable behaviour. DOI: http://dx.doi.org/10.3126/ije.v3i3.11083 International Journal of Environment Vol.3(3) 2014: 241-251

scholarly journals Dampak Pandemi Covid-19 terhadap Kinerja Keuangan Perusahaan Sektor Jasa di BEI

2021 ◽  
Vol 7 (2) ◽  
pp. 227-233
Author(s):  
Maria J F Esomar ◽  
Restia Christianty
Keyword(s):  
Financial Performance ◽  
Hypothesis Testing ◽  
Sampling Method ◽  
Stock Exchange ◽  
Paired Sample ◽  
Empirical Results ◽  
Significant Difference ◽  
Before And After ◽  
The Impact ◽  
Profitability Ratios

The Covid-19 pandemic has caused many hotels, restaurants and tourism activities to be temporarily closed. It has an impact on the financial performance towards the companies engaged in this sub-sector. The objective of this study is to analyze the impact of Covid 19 towards the financial performance of companies engaged in the sub-sector of hotel, restaurant and tourism. Financial performance is measured using several ratios, namely liquidity ratios, solvability ratios, profitability ratios and market ratio. The ype of research is descriptive quantitave. The population in this study is 35 all companies in the sub-sector of hotel, restaurant and tourism listed on the Indonesia Stock Exchange in 2019-2020 period. Samples are collected from 30 companies using purposive sampling method. Hypothesis testing is conducted using the Paired Sample t-Test. The empirical results show that, in the liquidity ratio, and market ratio there is no significant difference between the periods of before and after the first recorded Covid-19 case in Indonesia. Meanwhile, in the solvability ratio and profitability ratio, there are significant differences between the two periods.

scholarly journals Pengaruh Faktor Internal dan Eksternal Terhadap Return Saham Perusahaan Makanan dan Minuman di Bursa Efek Indonesia Periode 2008–2011

2019 ◽  
Vol 6 (2) ◽  
pp. 100
Author(s):  
Erric Wijaya ◽  
Tinjung Desy Nursanti
Keyword(s):  
Economic Growth ◽  
Interest Rate ◽  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Negative Relationship ◽  
External Factors ◽  
Beverage Industry ◽  
Food And Beverage ◽  
The Impact

This study aims to look at the impact of internal and external factors to the stock return of food and beverage companies listed in the Indonesia Stock Exchange 2008 to 2011 period. The method used is the regression equation analysis of panel data using a common effect type.The results show that the internal factors such current ratio, debt to equity ratio and return on assets showed a positive and significant influence on the company's stock return of food and beverage industry in the BEI. While external factors namely SBI interest rate and economic growth showed a different result, where the SBI interest rate has a negative and significant relationship to the company's stock return, while economic growth has no significant negative relationship to the stock returns.

scholarly journals ANALISIS PENGARUH PENGUMUMAN DIVIDEN TERHADAP PERUBAHAN HARGA SAHAM (RETURN) SEBELUM DAN SESUDAH EX-DIVIDEND DATE DI BURSA EFEK JAKARTA (BEJ)

2019 ◽  
Vol 1 (2) ◽  
pp. 73
Author(s):  
Wibowo Wibowo ◽  
Melati Adorini
Keyword(s):  
Capital Market ◽  
Abnormal Return ◽  
Stock Return ◽  
Stock Exchange ◽  
Paired Sample ◽  
Before And After ◽  
Independent Variable ◽  
Return Difference ◽  
The Impact ◽  
Observation Period

<p><em>The objective of this research was to analyze the impact of ex-dividend date announcement in Jakarta Stock Exchange (JSX) on stock return during the period of 2000- 2004. This research takes 25 corporation samples which are divided into two groups, namely increasing dividend group and decreasing dividend group. The method used in this research is event study that observed the stock return movement in capital market. The observation period was during 15 days before and 15 days after ex-dividend date. In order to examine the existence of price reaction, the abnormal return was conducted during the event period towards the increasing dividend group and decreasing dividend group. The independent variable used was dividend declaration (increasing dividend and decreasing dividend) and dependent variable used was stock return. The calculation of this research using paired sample t test, was to prove if there is any stock return differences between before and after ex-dividend date announcement with<br /> the presence of increasing dividend declaration and decreasing dividend declaration in Jakarta Stock Exchange (JSX). The result of this research had shown two conclutions that for the increasing dividend group, there were no stock return (abnormal return) diffrerence between before and after ex-dividend date due to the increasing dividend declaration in Jakarta Stock Exchange (JSX) and for the decresing dividend group there was stock return (abnormal<br /> return) difference between before and after ex-dividend date due to decresing dividend declaration in Jakarta Stock Exchange (JSX).</em></p>

scholarly journals EMPIRICAL STUDY ON ALTERNATIVES FOR SAVING AND INVESTING IN THE POSTPANDEMIC PERIOD. CASE STUDY: ROMANIA

2021 ◽  
Vol S.I. (2) ◽  
pp. 27-40
Author(s):  
Alexandru Mihai Alexandru Mihai ◽  
◽  
Ruxandra DINULESCU ◽  
Florin PUCHEANU ◽  
◽  
...  
Keyword(s):  
Empirical Study ◽  
The Past ◽  
Trading Market ◽  
Before And After ◽  
Double Approach ◽  
Potential Risks ◽  
Potential Strategy ◽  
The Impact

This paper develops investigations in the field of saving and investing techniques related to the impact of the COVID19 pandemic on the Romanian trading market. The study focuses particularly on the alternatives for accumulation of money capital which can lead to a positive long-term return. The research aims to investigate the available current services and opportunities in the Romanian investment market and their returns after the pandemic. Towards this objective, the study presents the past returns for several products and the users potential risks. Furthermore, an investigation is conducted based on the latest statistics whereas different variants of portfolios are presented. Unlike most of the previous studies, this analysis has a double approach: evaluating viable alternatives depending on several characteristics and simultaneously developing a long-term potential strategy that could be used to ensure the financial future of an individual in the period of the outbreak of the COVID19 pandemic. This contribution provides an initial analysis of the saving and investing market of Romania before and after the pandemic.

scholarly journals IMPACT OF REDENOMINATION ON PRICE, VOLUME, AND VALUE OF TRANSACTION: AN EXPERIMENTAL ECONOMIC APPRAOCH

2016 ◽  
Vol 19 (2) ◽  
pp. 207-238 ◽  
Author(s):  
Danti Astrini ◽  
Bambang Juanda ◽  
Noer Azam Achsani
Keyword(s):  
Economic Growth ◽  
High Growth ◽  
Transaction Prices ◽  
Experimental Economic ◽  
Before And After ◽  
High Inflation ◽  
Real Value ◽  
Transaction Value ◽  
The Impact ◽  
Zero Number

Redenomination is a simplification of nominal value of currency by reducing digit (zero number) without reducing the real value of the currency. This paper provide an overview of the impact of redenomination to changes in transaction prices, transaction value and number of transactions using experimental methods. The results showed that the most substantial price reduction on the elastic goods can occur in conditions of low economic growth and high inflation. Price reductions also occur in conditions of high economic growth and low inflation. Based on results, there is no change between before and after redenomination on the number of transactions. So redenomination would not change the number of transactions in elastic goods. Conditions which can change the value of the transaction is low growth and high growth in high inflation condition. Conditions of high inflation and low growth will decrease the value of the transaction while the condition of high inflation with high growth will increase the value of the transaction.

scholarly journals Business With China: A Critical Evaluation Of Lure And Challenges

2011 ◽  
Vol 8 (2) ◽  
Author(s):  
Mohamad Sepehri ◽  
Hassan Pordeli
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Critical Evaluation ◽  
Market Reform ◽  
Economic Power ◽  
Quarter Century ◽  
The Past ◽  
Doing Business ◽  
Business Opportunities ◽  
The Impact

This paper examines the significant historical and socio economic development in China over the past quarter century and summarizes the main features of the pre-reform economy and the main strategies adopted by china as it began its quest for economic progress. The paper also evaluates the consequences of Chinas market reform and the challenges to this new economic power. The objective of the paper is to discuss both opportunities and risks in doing business in China and to provide and understanding of what compels so many firms to so boldly seek to establish a presence in China while taking substantial risks in doing so. The research concludes that, investment and business opportunities in China would outweigh the risk and challenges faced by potential investors. The paper examines the elements contributing to Chinas reform, including pro market reform, economic growth, and the rate and significance of FDI in china. Investment challenges include: corruption, mostly unfree economy, low ranking in ease of doing business, undervalued Yuan, and lack of proper intellectual property rights. The research points to positive indicators such as: Chinas economic development growth (i.e. GDP growth at 9.9% in mainland and 12.4% in Zhejiang); Chinas entry in WTO relaxing foreign investment restrictions; infrastructure development transit, energy, telecommunications, etc.; and the impact of the market reform - Chinas economic growth rate among the highest recorded during the past three decades. The examination of risks and challenges, reveals (1) the Driving Forces for business investment in China which include: rapidly expanding economy; growth in Chinese consumer purchasing power; and economic Power & other Indicators; and (2) the issues of concern such as: excess capacity in industrial sector, export dependence economy, problem with banking sector, and potential unemployment problem. The paper concludes that despite potential and clear risks there are good and legitimate business and investment potential in China and among many factors to consider are: many incentives to consider business opportunities and potential benefits; rising personal income and spending power in China; and increase in per capita income at steady rate of 8% since 1980, currently estimated at $3000.

THE IMPACT OF TRADE OPENNESS IN LATIN AMERICA ON ECONOMIC GROWTH

2010 ◽  
Vol 1 (2) ◽  
pp. 150
Author(s):  
Fanny Wigeborn
Keyword(s):  
Economic Growth ◽  
Latin America ◽  
Trade Openness ◽  
Common View ◽  
Single Measure ◽  
Explanatory Variables ◽  
Before And After ◽  
Goods Market ◽  
The Common ◽  
The Impact

This paper investigates empirically the notion that enhanced levels of foreign trade as a result of the deregulation in international goods market would have spurred economic development and demonstrates that it is not obvious. We shed light on how this relationship applies to the special case of Latin America before and after “La Apertura”, the trade liberalization that took place in the late 80s and early 90s. Results show that openness solely is not a determinant of economic growth for the observed countries which stand in contrast to the general findings of existing literature on the topic. Using a single measure of trade openness togetherwith other explanatory variables, this paper fail to confirm the common view that openness is associated with growth.

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