JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA)
Vol 4 No 2 (2025): JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA)

PERBANDINGAN KINERJA SAHAM PERUSAHAAN TERAFILIASI ISRAEL DAN NON-ISRAEL DI BEI DALAM KONDISI ISU GEOPOLITIK TAHUN 2023

Ishmah Karimatul Fathi (Universitas Teknologi Digital)
Vina Anggilia Puspita (Universitas Teknologi Digital)



Article Info

Publish Date
15 Sep 2025

Abstract

Geopolitical instability can having a significant impact on stock markets, including in Indonesia. The researcher’s study aims to finding about differences in stock performance between Israel-affiliated companies and non-Israel companies listed on the Indonesia Stock Exchange (IDX) in the context of geopolitical issues. The research method used is a quantitative approach with a comparative analysis using the Independent Sample T-Test. Yahoo Finance provided secondary data on the daily stock returns of selected companies. The outcome indicate that there is a significant difference between stock returns between Israel-affiliated and non-Israel companies, with a significance value of 0.020 (< 0.05). These findings suggest that investors in the IDX respond differently to geopolitical issues based on company affiliation. Geopolitical factors can be an essential element in investment decision-making in the Indonesian stockmarket. Keywords: Stock performance; geopolitical issues; Israeli-affiliated companies; Indonesia Stock Exchange.

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Journal Info

Abbrev

EKO-BISMA

Publisher

Subject

Economics, Econometrics & Finance

Description

Marketing Management, Human Resource Management Financial Management, Operation Management, Strategic Management, Supply Chain Management, Leadership, Quality And Innovation Management, Entrepreneurship, Hotel and Turism, Public Relations, Business Economic, E-Business, International Business, ...