Article Per Year (5 Year)
p-Index From 2020 - 2025
0.444
P-Index
This Author published in this journals
All Journal Petra International journal of Business Studies (IJBS) Jurnal Keuangan dan Bisnis
Jewarut, Rofinus
Unknown Affiliation
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
The Influence of Inflation Rate, Exchange Rate, Corruption Control, and Political Stability to Indonesian Goverment Bond Yield Tjandrasa, Benny Budiawan; Ariwibowo, Agus; Jewarut, Rofinus
Petra International Journal of Business Studies Vol 3 No 1 (2020): JUNE 2020
Publisher : Master of Management Study Program, Faculty of Business and Economics - Petra Christian University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.9744/ijbs.3.1.18-22

Abstract

As a developing country that still has to develop in all fields and to maintain its economic development, the Indonesian government requires significant funds for development. To fulfill the lack of funds obtained from the tax, the Indonesian government sells bonds. Indonesia's 10-year government bonds are known as Surat Utang Negara (or abbreviated as SUN). This study aims to confirm whether the inflation rate, exchange rate, political stability, and corruption control affect the yield of SUN. The research uses descriptive methods and explanatory studies with secondary data based on systematic sampling of periods chosen from January 2013 to December 2019. Multivariate regression equation models were used with a significance level of 5% for the t-test. The conclusions are: partially and simultaneously inflation rate, exchange rate, control corruption, and political stability have a significant effect on the Indonesian Government Bond. This research found that deteriorating political stability and control corruption would cause government bond yields to increase
VARIABEL MAKROEKONOMI YANG MEMPENGARUHI INDEKS HARGA SAHAM INDONESIA, THAILAND, MALAYSIA, DAN VIETNAM Tjandrasa, Benny Budiawan; Aribowo, Agus; Jewarut, Rofinus
Jurnal Keuangan dan Bisnis Vol. 19 No. 1 (2021): Jurnal Keuangan dan Bisnis Volume 19 No. 1, Edisi Maret 2021
Publisher : Catholic University Musi Charitas

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (351.967 KB) | DOI: 10.32524/jkb.v19i1.107

Abstract

One of the indicators of a country's economic growth is the stock price index in the country. The purpose of this study is to determine what factors are most influential and how significant the influences on the stock price indexes in Indonesia, Malaysia, Thailand, and Vietnam. The data panel was formed based on secondary data from January 2012 to December 2019 in Indonesia, Thailand, Malaysia, and Vietnam with 384 samples. The dependent variable of this study is the stock market index, while the independent variables are the foreign exchange rate, volatility index, and government bond yield. The equation for the direction test in this study used a multivariate regression model. The results show that the foreign exchange rate, volatility index, and government bond yield together have a significant effect on the stock market index. Partially, the foreign exchange rate has a positive and significant effect on the stock market index, while the volatility index and the government bond yield have a negative and significant effect on the stock market index.
Co-Authors Agus Ariwibowo, Agus Aribowo, Agus Tjandrasa, Benny Budiawan