Journal of Indonesian Management
Vol. 5 No. 4 (2025): December

Analysis of Determinants of Virtual Currency and Portfolio Investment In Asean Countries

Indah Sari (Universitas Negeri Padang)



Article Info

Publish Date
24 Dec 2025

Abstract

This study aims to analyze the influence of Customer Trust on This study aims to analyze the determinants of virtual currency and portfolio investment in ASEAN countries. The data used in this study is time series data in monthly form, from June 2020 to December 2021, while cross-sectional data is from four ASEAN countries (Indonesia, Malaysia, Singapore, and Thailand). The data analysis model uses panel regression. The results show that gold prices, interest rates, and exchange rates have a significant effect on virtual currency in ASEAN countries, while stock prices do not have a significant effect on virtual currency in ASEAN countries. Furthermore, interest rates, exchange rates, and virtual currency have a significant effect on portfolio investment in ASEAN countries, while inflation has no significant effect on portfolio investment in ASEAN countries.

Copyrights © 2025






Journal Info

Abbrev

JIM

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Social Sciences

Description

The Journal of Indonesian Management focuses on various themes, topics and aspects of management, strategic management and entrepreneurship, including (but not limited to) the following topics: Human Resource Management, Financial Management, Marketing Management, Strategic Management, ...