學術產出-學位論文
| 題名 | 通膨、利率、匯率及標準普爾500指數對印尼雅加達綜合指數之影響 The influences of inflation, interest rate, exchange rate, and S&P 500 on indonesia composite stock price index |
| 作者 | 范涵凝 Fadhilla, Hanifa Nur |
| 貢獻者 | 蔡政憲 Tsai, Jason 范涵凝 Fadhilla, Hanifa Nur |
| 關鍵詞 | 通或膨脹 利率 匯率 普爾500指數 印尼雅加達綜合指數 inflation interest rate exchange rate S&P 500 Indonesia Composite Stock Price Index |
| 日期 | 2019 |
| 上傳時間 | 1-七月-2019 10:57:01 (UTC+8) |
| 摘要 | 無 This research is aimed to investigate the influence of inflation, interest rate, exchange rate, and S&P 500 on Indonesia Composite Stock Price (I-CSPI). This study examines the factors influencing I-CSPI in Indonesia Stock Exchange (IDX). The period of this study is from 2014 to 2018. The object of this research is I-CSPI. This study used secondary data. The hypotheses are examined using four models to support the factors influencing I-CSPI. The result of this research expressed that from independent variables do not influence I-CSPI. Thus, the hypotheses are rejected. This research result derives from t-test statistics. Based on F-test, independent variables are not simultaneously influence I-CSPI. |
| 參考文獻 | Abort, J & Biekpe. (2006). An empirical test of agency problem and capital structure of South African quoted SMEs. SAJAR, 20(1), 51-65. Amadeo, K. (2018). The S&P 500 and how it works. Retrieved from https://www.thebalance.com/what-is-the-sandp-500-3305888 Amadeo, K. (2019). 2008 financial crisis. Retrieved from https://www.thebalance.com/2008-financial-crisis-3305679 Ang, Robert. (1997). Buku pintar pasar modal Indonesia. Jakarta: Media Soft Indonesia. Anoraga, P, & Pakarti, P. (2001). Pengantar pasar modal. Jakarta: PT Asdi Mahasatya. Banton, C. (2019). An introduction to U.S. stock market indexes. Retrieved from https://www.investopedia.com/insights/introduction-to-stock-market-indices/ BI rate 2005-2019. (2019). Retrieved from https://www.bps.go.id/linkTableDinamis/view/id/1061 Boediono. (2001). Ekonomi moneter. Yogyakarta: BPFE. Chen, J. (2019). Inflation. Retrieved from https://www.investopedia.com/terms/i/inflation.asp Di Maggio, P, J., & Powell, W, W. (1983). The iron cage revisited: institutional isomorphism and collective rationality in organizational fields. American Sociological Review. Exchange rate data. (2018). Retrieved from https://finance.yahoo.com/quote/IDR%3DX/chart Hady, H. (2010). Manajemen keuangan Internasional. Jakarta: Mitra Wacana Media. Hartono, J. (2000). Teori portofolio dan analisis investasi. Yogyakarta: BPFE. Hasan, A, N. (2015). Analisis pengaruh harga emas, tingkat inflasi, harga minyak, nilai tukar rupiah, dan indek regional terhadap pergerakan IHSG. Retrieved from http://etd.repository.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=91486&obyek_id=4 Hirt, G, A., & Block, S, B. (1993). Fundamentals of Investment Mangement. (4thed). Boston, USA: Richard D. Irwin. Inc. Hooker, M, A. (2004). Macroeconomics factors and emerging market equity returns: a bayesian model selection approach. Emerging Market Review, 5, 379-387. IDX: Foreign investment ownership keeps rising. (2017). Retrieved from https://en.tempo.co/read/914170/idx-foreign-investment-ownership-keeps-rising Indeks harga saham gabungan. (n.d). Retrieved from https://id.wikipedia.org/wiki/Indeks_Harga_Saham_Gabungan Ini yang dimaksud dengan BI rate. (2017). Retrieved from https://www.amarbank.co.id/artikel/ini-yang-dimaksud-dengan-bi-rate Kandir, S, Y. (2008). Macroeconomics variables, firm characteristics and stock returns: evidence from Turkey. International research Journal of Finance And Economics. 16. Kenton, W,. & Murphy, C, B. (2019). S&P 500 index – Standard & Poor`s 500 index definition. Retrieved from https://www.investopedia.com/terms/s/sp500.asp Kewal, S, S. (2012). Pengaruh inflasi, suku bunga, kurs, dan pertumbuhan PDB terhadap indeks harga saham gabungan. Jurnal Economica. 8. La Porta, R,. Lopez-De-Silances, F,. & Shleifer, A. (1999). Corporate ownership around the world. The Journal of Finance, 471-517. Lins K, V. (2003). Equity ownership and firm value in emerging market. The Journal of Financial and Quantitative Analysis, 38(1), 159-184. Octafia, S, M. (2011). Pengaruh tingkat suku bunga SBI, nilai tukar dan jumlah uang beredar terhadap indeks harga saham sektor properti dan real estate dengan pendekatan error correction model. Jurnal. Fakultas Ekonomi Universitas Negeri Padang. Pengertian indeks harga saham gabungan (IHSG). (2017). Retrieved from https://www.sahamonline.id/2017/05/pengertian-indeks-harga-saham-gabungan.html Prabaningtyas, H. (2017). Analisis pengaruh nilai tukar terhadap indeks harga saham gabungan di Indonesia tahun 2010-2015. Retrieved from http://etd.repository.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=111766&obyek_id=4 Riadi, M. (2018). Pengertian, jenis, fungsi, dan faktor tingkat suku bunga. Retrieved from https://www.kajianpustaka.com/2018/03/pengertian-jenis-fungsi-dan-faktor-tingkat-suku-bunga.html Riadi, M. (2017). Jenis, sistem, dan faktor penyebab perubahan kurs (nilai tukar) tingkat suku bunga. Retrieved from https://www.kajianpustaka.com/2017/09/jenis-sistem-faktor-penyebab-perubahan-kurs.html Riantani, S., & Tambunan, M. (2013). Analisis pengaruh variabel makroekonomi dan indeks global terhadap return saham. Schipper, K. (1981). Discussion of voluntary corporate disclosure: the case of interim reporting. Journal of Accounting Research, 19, 85. Siregar, S, V., Bachtiar, & Yanivi. (2010). Corporate social reporting: empirical evidence from Indonesia Stock Exchange. International Journal of Islamic and Middle Eastern Finance and Management, 3, 241-252. Stock market index: Meaning, Importance, NSE & BSE and more. (2018). Retrieved from https://cleartax.in/s/stock-market-index Sunariyah. (2006). Pengantar pengetahuan pasar modal. Yogyakarta: UPP STIMYKPN. Susanti. E. (2017). Pengaruh suku bunga BI 7 days reserve repo rate dan tingkat inflasi terhadap indeks harga saham gabungan (IHSG) pada bulan april-desember 2016. Retrieved from http://etd.repository.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=110538&obyek_id=4 Tandelilin, E. (2010). Portofolio dan investasi. Yogyakarta: Kanisius. Teori inflasi, strukturalis, Keynes. (n.d). Retrieved from https://ardra.biz/ekonomi/ekonomi-makro/teori-inflasi/ Thobarry, A. (2009). Analisis pengaruh nilai tukar, suku bunga, laju inflasi dan pertumbuhan GDP terhadap Indeks Harga Saham sektor properti (kajian empiris pada Bursa Efek Indonesia periode pengamatan tahun 2000-2008. Universitas Diponegoro. Semarang. Weston, J, F,. & Brigham, E, F. (1990). Dasar – dasar manajemen keuangan. Jakarta: Erlangga |
| 描述 | 碩士 國立政治大學 國際經營管理英語碩士學位學程(IMBA) 106933041 |
| 資料來源 | http://thesis.lib.nccu.edu.tw/record/#G0106933041 |
| 資料類型 | thesis |
| dc.contributor.advisor | 蔡政憲 | zh_TW |
| dc.contributor.advisor | Tsai, Jason | en_US |
| dc.contributor.author (作者) | 范涵凝 | zh_TW |
| dc.contributor.author (作者) | Fadhilla, Hanifa Nur | en_US |
| dc.creator (作者) | 范涵凝 | zh_TW |
| dc.creator (作者) | Fadhilla, Hanifa Nur | en_US |
| dc.date (日期) | 2019 | en_US |
| dc.date.accessioned | 1-七月-2019 10:57:01 (UTC+8) | - |
| dc.date.available | 1-七月-2019 10:57:01 (UTC+8) | - |
| dc.date.issued (上傳時間) | 1-七月-2019 10:57:01 (UTC+8) | - |
| dc.identifier (其他 識別碼) | G0106933041 | en_US |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/124183 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 國際經營管理英語碩士學位學程(IMBA) | zh_TW |
| dc.description (描述) | 106933041 | zh_TW |
| dc.description.abstract (摘要) | 無 | zh_TW |
| dc.description.abstract (摘要) | This research is aimed to investigate the influence of inflation, interest rate, exchange rate, and S&P 500 on Indonesia Composite Stock Price (I-CSPI). This study examines the factors influencing I-CSPI in Indonesia Stock Exchange (IDX). The period of this study is from 2014 to 2018. The object of this research is I-CSPI. This study used secondary data. The hypotheses are examined using four models to support the factors influencing I-CSPI. The result of this research expressed that from independent variables do not influence I-CSPI. Thus, the hypotheses are rejected. This research result derives from t-test statistics. Based on F-test, independent variables are not simultaneously influence I-CSPI. | en_US |
| dc.description.tableofcontents | 1. Introduction 1 1.1. Background 1 1.2. Research Questions 7 1.3. Research Objectives 8 1.4. Limitation of Research 8 1.5. Research Contribution 8 2. Literature Review 9 2.1. Indonesia Composite Stock Price Index (I-CSPI) 9 2.2. The Factors that Influence I-CSPI 9 2.2.1. Inflation 9 2.2.2. Interest Rate (BI rate) 10 2.2.3. Exchange Rate 11 2.2.4. S&P 500 12 2.3. Previous Researches on Factors affecting I-CSPI 13 2.4. Conceptual Framework 14 2.4.1. The Influence of Inflation on I-CSPI 14 2.4.2. The Influence of Interest Rate on I-CSPI 14 2.4.3. The Influence of Exchange Rate Changes on I-CSPI 14 2.4.4. The Influence of S&P 500 on I-CSPI 15 3. Research Methodology 16 3.1. Research Method 16 3.2. The Object of Research 16 3.3. Type and Sources of Data 16 3.4. Variable Definition & Measurement 16 3.4.1. I-CSPI 16 3.4.2. Inflation 17 3.4.3. Interest Rate 17 3.4.4. Exchange Rate 17 3.4.5. S&P 500 18 3.5. Analytical Method 18 3.5.1. Regression Model 18 3.5.2. Classical Assumption Test 19 3.6. Hypotheses Testing 21 4. Research Result and Analysis 22 4.1. Descriptive Statistic Analysis 22 4.2. Correlation Matrix 24 4.3. The Classical Assumption Test 25 4.3.1. Multicollinearity Test 25 4.3.2. Auto-correlation Test 26 4.3.3. Heteroscedasticity test 26 4.4. Multiple Linear Regression 27 4.5. Hypotheses Test Result and Analysis 28 4.5.1. T-test 28 4.5.2. F-test 30 5. Conclusions 31 6. References 32 7. Appendix 35 | zh_TW |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0106933041 | en_US |
| dc.subject (關鍵詞) | 通或膨脹 | zh_TW |
| dc.subject (關鍵詞) | 利率 | zh_TW |
| dc.subject (關鍵詞) | 匯率 | zh_TW |
| dc.subject (關鍵詞) | 普爾500指數 | zh_TW |
| dc.subject (關鍵詞) | 印尼雅加達綜合指數 | zh_TW |
| dc.subject (關鍵詞) | inflation | en_US |
| dc.subject (關鍵詞) | interest rate | en_US |
| dc.subject (關鍵詞) | exchange rate | en_US |
| dc.subject (關鍵詞) | S&P 500 | en_US |
| dc.subject (關鍵詞) | Indonesia Composite Stock Price Index | en_US |
| dc.title (題名) | 通膨、利率、匯率及標準普爾500指數對印尼雅加達綜合指數之影響 | zh_TW |
| dc.title (題名) | The influences of inflation, interest rate, exchange rate, and S&P 500 on indonesia composite stock price index | en_US |
| dc.type (資料類型) | thesis | en_US |
| dc.relation.reference (參考文獻) | Abort, J & Biekpe. (2006). An empirical test of agency problem and capital structure of South African quoted SMEs. SAJAR, 20(1), 51-65. Amadeo, K. (2018). The S&P 500 and how it works. Retrieved from https://www.thebalance.com/what-is-the-sandp-500-3305888 Amadeo, K. (2019). 2008 financial crisis. Retrieved from https://www.thebalance.com/2008-financial-crisis-3305679 Ang, Robert. (1997). Buku pintar pasar modal Indonesia. Jakarta: Media Soft Indonesia. Anoraga, P, & Pakarti, P. (2001). Pengantar pasar modal. Jakarta: PT Asdi Mahasatya. Banton, C. (2019). An introduction to U.S. stock market indexes. Retrieved from https://www.investopedia.com/insights/introduction-to-stock-market-indices/ BI rate 2005-2019. (2019). Retrieved from https://www.bps.go.id/linkTableDinamis/view/id/1061 Boediono. (2001). Ekonomi moneter. Yogyakarta: BPFE. Chen, J. (2019). Inflation. Retrieved from https://www.investopedia.com/terms/i/inflation.asp Di Maggio, P, J., & Powell, W, W. (1983). The iron cage revisited: institutional isomorphism and collective rationality in organizational fields. American Sociological Review. Exchange rate data. (2018). Retrieved from https://finance.yahoo.com/quote/IDR%3DX/chart Hady, H. (2010). Manajemen keuangan Internasional. Jakarta: Mitra Wacana Media. Hartono, J. (2000). Teori portofolio dan analisis investasi. Yogyakarta: BPFE. Hasan, A, N. (2015). Analisis pengaruh harga emas, tingkat inflasi, harga minyak, nilai tukar rupiah, dan indek regional terhadap pergerakan IHSG. Retrieved from http://etd.repository.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=91486&obyek_id=4 Hirt, G, A., & Block, S, B. (1993). Fundamentals of Investment Mangement. (4thed). Boston, USA: Richard D. Irwin. Inc. Hooker, M, A. (2004). Macroeconomics factors and emerging market equity returns: a bayesian model selection approach. Emerging Market Review, 5, 379-387. IDX: Foreign investment ownership keeps rising. (2017). Retrieved from https://en.tempo.co/read/914170/idx-foreign-investment-ownership-keeps-rising Indeks harga saham gabungan. (n.d). Retrieved from https://id.wikipedia.org/wiki/Indeks_Harga_Saham_Gabungan Ini yang dimaksud dengan BI rate. (2017). Retrieved from https://www.amarbank.co.id/artikel/ini-yang-dimaksud-dengan-bi-rate Kandir, S, Y. (2008). Macroeconomics variables, firm characteristics and stock returns: evidence from Turkey. International research Journal of Finance And Economics. 16. Kenton, W,. & Murphy, C, B. (2019). S&P 500 index – Standard & Poor`s 500 index definition. Retrieved from https://www.investopedia.com/terms/s/sp500.asp Kewal, S, S. (2012). Pengaruh inflasi, suku bunga, kurs, dan pertumbuhan PDB terhadap indeks harga saham gabungan. Jurnal Economica. 8. La Porta, R,. Lopez-De-Silances, F,. & Shleifer, A. (1999). Corporate ownership around the world. The Journal of Finance, 471-517. Lins K, V. (2003). Equity ownership and firm value in emerging market. The Journal of Financial and Quantitative Analysis, 38(1), 159-184. Octafia, S, M. (2011). Pengaruh tingkat suku bunga SBI, nilai tukar dan jumlah uang beredar terhadap indeks harga saham sektor properti dan real estate dengan pendekatan error correction model. Jurnal. Fakultas Ekonomi Universitas Negeri Padang. Pengertian indeks harga saham gabungan (IHSG). (2017). Retrieved from https://www.sahamonline.id/2017/05/pengertian-indeks-harga-saham-gabungan.html Prabaningtyas, H. (2017). Analisis pengaruh nilai tukar terhadap indeks harga saham gabungan di Indonesia tahun 2010-2015. Retrieved from http://etd.repository.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=111766&obyek_id=4 Riadi, M. (2018). Pengertian, jenis, fungsi, dan faktor tingkat suku bunga. Retrieved from https://www.kajianpustaka.com/2018/03/pengertian-jenis-fungsi-dan-faktor-tingkat-suku-bunga.html Riadi, M. (2017). Jenis, sistem, dan faktor penyebab perubahan kurs (nilai tukar) tingkat suku bunga. Retrieved from https://www.kajianpustaka.com/2017/09/jenis-sistem-faktor-penyebab-perubahan-kurs.html Riantani, S., & Tambunan, M. (2013). Analisis pengaruh variabel makroekonomi dan indeks global terhadap return saham. Schipper, K. (1981). Discussion of voluntary corporate disclosure: the case of interim reporting. Journal of Accounting Research, 19, 85. Siregar, S, V., Bachtiar, & Yanivi. (2010). Corporate social reporting: empirical evidence from Indonesia Stock Exchange. International Journal of Islamic and Middle Eastern Finance and Management, 3, 241-252. Stock market index: Meaning, Importance, NSE & BSE and more. (2018). Retrieved from https://cleartax.in/s/stock-market-index Sunariyah. (2006). Pengantar pengetahuan pasar modal. Yogyakarta: UPP STIMYKPN. Susanti. E. (2017). Pengaruh suku bunga BI 7 days reserve repo rate dan tingkat inflasi terhadap indeks harga saham gabungan (IHSG) pada bulan april-desember 2016. Retrieved from http://etd.repository.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=110538&obyek_id=4 Tandelilin, E. (2010). Portofolio dan investasi. Yogyakarta: Kanisius. Teori inflasi, strukturalis, Keynes. (n.d). Retrieved from https://ardra.biz/ekonomi/ekonomi-makro/teori-inflasi/ Thobarry, A. (2009). Analisis pengaruh nilai tukar, suku bunga, laju inflasi dan pertumbuhan GDP terhadap Indeks Harga Saham sektor properti (kajian empiris pada Bursa Efek Indonesia periode pengamatan tahun 2000-2008. Universitas Diponegoro. Semarang. Weston, J, F,. & Brigham, E, F. (1990). Dasar – dasar manajemen keuangan. Jakarta: Erlangga | zh_TW |
| dc.identifier.doi (DOI) | 10.6814/NCCU201900015 | en_US |