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The Indonesian stock market responded negatively to Trump: Impact of import tariff policies Suhendra S; Edy Jumady; Marwah Yusuf
IECON: International Economics and Business Conference Vol. 3 No. 2 (2025): International Conference on Economics and Business (IECON-3)
Publisher : www.amertainstitute.com

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/1b59xw21

Abstract

This study analyzes the impact of the United States' import tariff policy announcement on April 2, 2025, on stock price movements in the LQ-45 index on the Indonesia Stock Exchange. Using the Event Study method, this study compares stock prices and market volatility 30 days before and 30 days after the policy announcement. Data were obtained from the daily closing prices of LQ-45 stocks collected through purposive sampling. The analysis was conducted using paired t-tests and Wilcoxon Signed Rank tests to assess the significance of average price differences, as well as standard deviation calculations to evaluate changes in market volatility. The results indicate that there was an increase in the average LQ-45 index after the import tariff announcement, followed by a decrease in market volatility. However, this increase was not statistically significant (p-value > 0.05), suggesting that the policy's impact on LQ-45 stock prices is limited. These findings align with the Capital Market Efficiency Theory, where information is already reflected in stock prices before the announcement, as well as the Signal Theory, which emphasizes that the impact of global economic policies does not always result in extreme reactions in domestic markets. This study contributes to the literature on the response of the Indonesian stock market to international economic events and highlights the importance of psychological factors and anticipatory investor behavior. The main recommendation is the need for further research with a broader sample and variables, including the measurement of investor sentiment as a determinant of market reactions.
Sosialisasi Penyusunan Laporan Keuangan Berbasis Digital Bagi Insan Koperasi di Kabupaten Sidrap Nur Azizah Basmar; Eldi; Yusriadi Hala; Marwah Yusuf; Septiary Pratiwi Musa, Kartika; Natasya Tanate, Gabriella
LOSARI: Jurnal Pengabdian Kepada Masyarakat Vol. 4 No. 2 (2022): Desember 2022
Publisher : LOSARI DIGITAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53860/losari.v4i2.111

Abstract

Pengelola koperasi dalam pelaksanaan pencatatan keuangan mengalami kesulitan karena keterbatasan pengetahuan tentang ilmu akuntansi, rumitnya proses akuntansi dan anggapan bahwa laporan keuangan bukanlah hal yang penting bagi pengelola koperasi. Laporan keuangan merupakan salah satu bentuk pertanggungjawaban Koperasi, catatan informasi keuangan suatu entitas yang dapat menggambarkan kinerja koperasi dan berguna untuk mengambil keputusan bisnis. Oleh karena itu, kami melakukan kegiatan pengabdian kepada masyarakat untuk pengelola koperasi dibawah naungan dinas koperasi dan UMKM Kabupaten Sidrap. Setelah dilakukannya kegiatan tersebut, maka kami mengambil kesimpulan sebagai berikut, 1)Kegiatan ini bertujuan untuk meningkatkan pemahaman pengelola Koperasi dalam hal pembukuan dan 2)Kegiatan pelatihan memberikan manfaat dalam meningkatkan kemampuan dan kemudahan dalam mengelola keuangan Kopersi. Tindak lanjut kegiatan diharapkan lebih teknik dalam bentuk pelatihan dan bimbingan teknis terkait dengan penyusunan pembukuan Koperasi baik scara manual maupun berbasis aplikasi.
Peningkatan Kapasitas Manajerial dan Digitalisasi Usaha Bagi Pelaku UMKM di Era Ekonomi Digital Jannati Tangngisalu; Muh.Akob; Marwah Yusuf; Loade Sumail; Hasyim Mokhtar; Djamila Saleh
Transformasi Masyarakat : Jurnal Inovasi Sosial dan Pengabdian Vol. 3 No. 1 (2026): Januari: Transformasi Masyarakat : Jurnal Inovasi Sosial dan Pengabdian
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62383/transformasi.v3i1.2873

Abstract

This community service activity was carried out to enhance the managerial capacity and digital competence of Micro, Small, and Medium Enterprises (MSMEs) in Sunggu Manai Village, Patalassang District, Gowa Regency. In the digital economy era, MSME actors must adapt to technological changes and manage their businesses professionally to remain competitive. The activity employed a participatory and applicative approach involving training in business management, digital marketing, and application-based financial recording. The results showed a significant increase in participants’ knowledge and skills, particularly in business planning, financial management, and the use of social media and online marketplaces for product promotion. About 80% of participants successfully created digital business accounts and started marketing their products online. The program also fostered awareness of the importance of digital transformation and collaboration among MSME actors. Therefore, integrating managerial capacity building with business digitalization proved effective in enhancing the competitiveness and sustainability of MSMEs in rural areas.