THE EFFECT OF BONUS MECHANISM TAX AND TUNNELING INCENTIVE ON INDICATIONS OF TRANSFER PRICING IN MANUFACTURING COMPANIES REGISTERED IN INDONESIA STOCK EXCHANGE FOR 2017-2019

This examination intends to decide the connection between Tax Influence, Bonus Mechanism, and Tunneling Incentive on signs of move estimating. The example utilized is the purchaser merchandise sub-area producing organizations recorded on the Indonesia Stock Exchange (IDX) for the period 2017 - 2019. The technique used to take tests is the purposive inspecting strategy and the information investigation strategy utilized is numerous straight examination. The outcomes show that Simultaneously, charges, extra systems and burrowing motivations affect move valuing. While somewhat, tuneling motivators influence move estimating. Duties and extra components don't influence move evaluating. The coefficient of assurance test results show that the coefficient of assurance is 0.284. This shows that the free factors utilized in the relapse model, specifically Tax, Bonus Mechanism, and Tunneling Incentive can clarify their impact on the reliant variable exchange estimating by 28.4%. While the excess 71.6% is clarified by different elements.

The Influence of Macroeconomic Variables on The Indonesian Sharia Stock Index (ISSI) for The 2013-2019 Period

Investors believe that economic factors have a major impact on developments in the Islamic capital market. This study aims to describe and analyze macroeconomics of the Indonesian Sharia Stock Index (ISSI). The sample of this study consisted of 84 data consisting of all population data, namely all data on closing prices at the end of each month from exchange rates, BI Rate, inflation, world oil prices, world gold prices, and the Indonesian Sharia Stock Index (ISSI) for the period January 2013 - December. 2019. The analysis technique used is the Error Correction Model (ECM). The results showed that in the short term the exchange rate variable had a significant effect on the ISSI, while the BI Rate, inflation, world oil prices and world gold prices had no effect on the ISSI. In the long run, the variable exchange rate, BI Rate, inflation and world gold prices have a significant effect on the ISSI, while the world oil price variable has no effect on the ISSI

Foreign Development Assistance and Macroeconomic Policy Stance: The Underlying Levers of Growth in Emerging SSA Countries

The role of foreign development assistance and macroeconomic policy stance, in economic growth performance of the emerging Sub-Saharan African economies, is investigated in this study. The GMM and VECM methods are employed in estimating the relationships and impacts, for the period 1980-2019. Results from the two estimation methods are comparable and consistent. The effect of foreign development assistance is revealed to be positive, and more significant than that of monetary policy, but less significant than fiscal policy. The control variable, exchange rate, exerts significant negative effect on growth. The results also reveal that economic growth is unable to significantly reinforce itself. Generally, the estimation results conform to theoretical expectations of the relationships that exist between economic growth and the underlying variables. The results are also considered to be significantly reliable for forecasting and policy making.

Pengaruh Exchange Rate, Inflasi, Risiko Sistematis Dan BI Rate Terhadap Return Saham Syariah Di Jakarta Islamic Index (JII) Periode 2015-2018

<p class="Default"><em>This research aims to determine the effect of variable exchange rate, inflation, systematic risk, and bi rate partially on the return of sharia stocks in the Jakarta Islamic Index (JII). In addition, to know the effect of variable exchange rate, inflation, systematic risk, and BI rate simultaneously on the return of sharia stocks in Jakarta Islamic Index (JII) period 2015-2018. This type of research is quantitative research with secondary data sources. The sampling method uses the purposive sampling method. This research data uses sharia stock data listed in Jakarta Islamic Index period 2015-2018. The method of data analysis used is to use multiple linear regression analysis methods. The results of this study show that partially variable exchange rate (X1) negatively and significantly affects the return of sharia stocks with a value of t-count &gt; t-table (2.482 &gt; 1,998) and a significant rate of 0.016 &gt; 0.05, while inflation also negatively and significantly affects the return of sharia stocks with a value of t-count &gt; t-table (2,600 &gt; 1,998) and a significant level of 0.012 &lt; 0.05, and systematic risk (X3) affects the return of sharia stocks with a value of t-count &gt; t-table (2.038 &gt; 1.998) and a significant level of 0.046 &lt; 0.05, while the BI rate (X4) negatively and significantly affects the return of sharia stocks, with a value of t-count &gt; t-table (2.412 &gt; 1,998) and a significant level of 0.019 &lt; 0.05. Simultaneously indicates that the exchange rate, inflation, systematic risk, and BI rate significantly affect the return of sharia stocks with a value of F-count &gt; F-table (2.810 &gt; 2.52) with a significance value of 0.033.</em></p>

The determinant factors of Indonesian competitiveness of cocoa exports to Germany

Cocoa is one of the leading commodities from the plantation sub-sector in Indonesia. At the world level, Indonesia is the third-largest producer of cocoa beans after Côte d’Ivoire and Ghana (FAO, 2017). However, Indonesia still exports cocoa in the form of (raw) beans which results in the loss of added value and not developing the domestic cocoa industry. For this reason, the government issued No. 67/PMK.011/ 2010 concerning the imposition of Export Levy and Export Levy Tariffs to suppress the export of cocoa beans and then increase the competitiveness of processed cocoa exports. The purpose of this study was to determine the competitiveness performance of Indonesian processed cocoa to Germany and what factors influenced the export competitiveness in 1992-2017. This study uses secondary data from various sources that were analyzed using Revealed Comparative Advantage (RCA) and Error Correction Mechanism (ECM). The analysis shows that in the long run the variable exchange rate, world cocoa prices, and dummy export duty significantly affect competitiveness while in the short term, population variables and world cocoa prices significantly influence competitiveness.

EFFECT OF EXCHANGE RATE AND GLOBAL INDEX IN FIVE COUNTRIES AGAINST CSPI

This study aimed to determine the correlation between Exchange Rate and Global Index on Composite Stock Price Index in Indonesia Stock Exchange in 2014-2019 partially and simultaneously. Exchange Rate and Global Index is proxied by five countries namely Hong Kong, Japan, USA, Singapore, and China. The data used is secondary data obtained through the Official Website of Bank Indonesia for variable Exchange Rate, Official Website Yahoo Finance and Official Website Investing.com for variable Global Index. The methods of data analysis used is multiple linear regression. The results showed that the HKD, JPY, USD, SGD, CNY, and STI partially insignificant on CSPI, as well as HSI and DJIA partially positive effect significant on CSPI, while N225 and SSEC partially negative effect significant on CSPI. Simultaneously, all the variables have a significant effect by influencing by 93.9% while the remaining 6.1% is explained by other variables not examined in this study.

Pengaruh Makro Ekonomi Terhadap Profitabiltas Bank Umum Syariah di Indonesia Tahun 2014-2018

This study aims to analyze and identify the effects of inflation and rupiah exchange rates on profitability in Islamic banks in Indonesia with mudharabah deposit as the mediator. Using secondary data that are published by the central bank of Indonesia and financial services authority, the method used in this research is Ordinary Least Square. The result indicates the inflation variable, exchange rate, and mudharabah deposits simultaneously give a significant influence toward profitability (ROA) of the Sharia Commercial Bank in Indonesia. While partially, inflation and exchange rate have no significant effect on profitability (ROA). While mudharabah deposits have a significant positive effect on profitability (ROA). Inflation has a significant negative effect on mudharabah deposits and the exchange rate has a significant positive effect on mudharabah deposits. The path analysis result shows that the mudharabah deposit variable is unable to mediate the effect of inflation and te exchange rate to profitability (ROA)

Determinan Atas Kinerja Keuangan Perusahaan Telekomunikasi Di Indonesia

This study aims to analyze the effect of exchange rates, inflation, interest rates and stock prices on financial performance. Based on the test results of stock prices testing of the partial variables have positive and significant to the variable financial performance. For variable exchange rates, inflation, interest rates have not positive to the variable financial performance. This means that stock prices are the variable that better assess financial performance of telecommunication company. The results of this study it is expected that the variable exchange rates, inflation, interest rates and stock prices can be a guide, either by the management company in the management of the company, as well as by investors in determining investment strategy.

EFFECT OF EXCHANGE RATE AND INTEREST RATES SBI RUPIAHS TO GAIN SHARE PT. INDOFOOD SUKSES MAKMUR TBK

This study aimed to determine the effect of exchange rate and interest rate SBI to simultaneously benefit the company's shares, determine the effect of the exchange rate to gain partial shares of the company and determine the effect of SBI interest rate of the company's stock price partially. The study was conducted at PT. Indofood CBP Sukses Makmur Tbk. The data used for 4 years were taken monthly or as many as 48 data. The data is sourced from the website of Bank Indonesia, Foam Indonesia, and the World Investment Securities. Based on data analysis known that the variable exchange rates and interest rates SBI affect the company's stock gains simultaneously. Calculated F value of 16.943 with a significance of 0.00. The significance value of less than 0.05 is the value of alpha. R squared value of 43.0%. It means variable exchange rate and the SBI interest rate effect on profit shares of the company amounted to 43.0% while the rest influenced by other variables not included in the model equations. The exchange rate has no effect on the company's stock gains were studied. T value of 0.872 with a significance value of 0.388. The significance values greater than 0.05. R squared value of 1.6%. This value shows the effect of the exchange rate variable to stock gains of 1, 6% and the rest is influenced by other variables that are not included in the analysis tables. Variable SBI affects the profit shares of the company being investigated. T value of 4.498 with a significance value of 0.00. The significance value less than 0.05. R squared value of 30.5%. This value indicates the SBI variables influence on stock gains of 30.5% and the rest is influenced by other variables that are not included in the analysis tables.