Henry Henry
Universitas Sumatera Utara

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ANALISIS E-COMMERCE BERBASIS MARKETPLACE YANG BERPERAN MEMBANTU WIRAUSAHA PEMULA DALAM MENJALANKAN BISNIS Thomas Sumarsan Goh; Erika Erika; Henry Henry; Albert Albert; Edison Sagala
Indonesian Journal of Economics, Entrepreneurship, and Innovation Vol. 2 No. 1 (2021): Mei
Publisher : ILIN Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (202.722 KB) | DOI: 10.31960/ijoeei.v2i1.993

Abstract

Entrepreneurship is needed to open job vacancies. This study focuses on entrepreneurs who start a business with e-commerce with the interview method. With marketplace-based e-commerce, all the products displayed in it will be easier for people to see. In using the marketplace, the responsibility of business actors must also be applied. The results of this study indicate that entrepreneurs who are new to running a business are mostly assisted by marketplace-based e-commerce to market their new products and consumers will easily find the products they need efficiently and without having to spend a lot of time. to buy it. Entrepreneurs who use the marketplace must be able to maintain the products and quality offered to consumers so that these products can be trusted by everyone who visits online. In developing a business, convenience is the main thing in doing business, which can also make buyers feel more satisfied so that buyers will make a repurchase.
Factors Impact of the Stock Market Performance During the Covid-19 Crisis Thomas Sumarsan Goh; Henry Henry; Erika Erika
ETIKONOMI Vol 23, No 1 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i1.32005

Abstract

Research originality: This research adds the exchange rate variable and the use of the Vector Autoregressive (VAR) model that can add to the financial literature.Research Objectives: This study examines how macroeconomics can impact a business during a crisis. The stock market has associated access with new COVID-19 cases and new deaths in Indonesia. During the pandemic, the exchange rate is critical, so this study observes the exchange rate of IDR against USD. This paper investigates the relationship between new cases, new deaths, and the exchange rate with the stock market index.Research Methods: The study retrieves the daily data from March 2, 2020, to June 30, 2022, from Our World in Data, Indonesia's stock exchange, and Indonesia's Statistic Central Bureau. We have used the ADF, Vector Autoregressive (VAR) Model, impulse response function, and the Toda Yamamoto causality test. Empirical Results: The findings reveal a significant negative impact of new COVID-19 cases, new deaths, and exchange rates on the stock market. Toda Yamamoto's causality analysis reveals substantial evidence of unidirectional daily growth of new COVID-19 deaths in the stock market and a bidirectional causality of new COVID-19 cases and new COVID-19 deaths.Implications: The policy implications of this study are to stabilize markets, impact overall financial stability, support entrepreneurship, and develop a competitive market environment that can encourage innovation. JEL Classification: C5, E31, F31How to Cite:Goh, T. S., Henry, H., & Erika, E. (2024). Factors Impact of the Stock Market Performance During the Covid-19 Crisis. Etikonomi, 23(1), 47 – 62. https://doi.org/10.15408/etk.v23i1.32005