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Effect of Macroeconomic Factors and Fundamental Factors of the Stock Systems Risk in Manufacturing Companies in Indonesia Stock Exchange

Anak Agung Sri Purnami et al.

International Journal of Business and Economics2020https://doi.org/10.31295/ijbem.v3n1.137article
ABDC B
Weight
0.46

Abstract

The capital market trades a variety of securities, where the capital market has an important role in supporting the economy because the capital market can connect those who need funds with those who have funds. Stock is one of the securities that have a high risk. High risk in stocks is reflected in uncertain returns. If the investor wants a higher return, then he must also be prepared to bear a higher risk as well. For this reason, investors in investing in the capital market are very important to understand the factors that affect the systematic risk of shares both macroeconomic factors and corporate fundamentals. The purpose of this study is to determine the direct and indirect effects of macroeconomic variables and corporate fundamental factors on the systematic risk of shares in manufacturing companies on the Indonesia Stock Exchange. The population of this research is all companies in the manufacturing sector that are listed consistently on the Indonesia Stock Exchange from 2014 to 2018, and this study uses the stratified proportional random sampling method in determining the sample. Based on this method, the number of samples in this study was 20 manufacturing companies every year for 5 years.

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https://doi.org/https://doi.org/10.31295/ijbem.v3n1.137

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@article{anak2020,
  title        = {{Effect of Macroeconomic Factors and Fundamental Factors of the Stock Systems Risk in Manufacturing Companies in Indonesia Stock Exchange}},
  author       = {Anak Agung Sri Purnami et al.},
  journal      = {International Journal of Business and Economics},
  year         = {2020},
  doi          = {https://doi.org/https://doi.org/10.31295/ijbem.v3n1.137},
}

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Effect of Macroeconomic Factors and Fundamental Factors of the Stock Systems Risk in Manufacturing Companies in Indonesia Stock Exchange

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Evidence weight

0.46

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.28 × 0.4 = 0.11
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.