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Detail Karya Ilmiah Dosen

Erdalinda, Hermanto Siregar, Arief Tri Hardiyanto

Judul : The Impact of Global Economic Slowdown and Financial Performance of Banks on Stock Returns in Indonesia Stock Exchange
Abstrak :

Abstract: This paper aims to analyze the impact of global economic slowdown particularly the GDP growth of the United States and China
as the world's largest economy, GDP growth of Indonesia and the financial performance of banks to stock returns on the Indonesia Stock
Exchange during the period of 2007-2016 through panel data analysis. The analysed banks are those with the largest market capitalization
in Indonesia Stock Exchange such as Bank Central Asia (BCA), Bank Rakyat Indonesia (BRI) and Bank Mandiri.  The research utilizes Net
Interest Margin (NIM), Non-Performing Loan (NPL), Loan to Deposit Ratio (LDR) and Capital Adequacy Ratio (CAR), as the basis of bank
financial performance. The results showed impact of global economic slowdown particularly the China GDP growth has a significant and  
positive impact to stock returns. Indonesia GDP growth and CAR have a significant and negative impact on stock return in Indonesia Stock
Exchange.

 

Keywords: global economic slowdown, stock returns, financial performance, panel data analysis

Tahun : 2015 Media Publikasi : Jurnal Internasional
Kategori : Jurnal No/Vol/Tahun : 9 / 6 / 2017
ISSN/ISBN : 2319-7064
PTN/S : IPB Program Studi : AKUNTANSI
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