Image of Analisis pengaruh eksposur nilai tukar terhadap tingkat imbal hasil saham dan determinan eksposur nilai tukar perusahaan non-keuangan domestik di Indonesia periode 2001-2011

Text

Analisis pengaruh eksposur nilai tukar terhadap tingkat imbal hasil saham dan determinan eksposur nilai tukar perusahaan non-keuangan domestik di Indonesia periode 2001-2011

This study aimed to analyze the effect of exchange rate exposure on stock returns of non-financial domestic companies in Indonesia and the determinants of exchange rate exposure. Determinants of exchange rate exposure used in this study is the financial strength, operational strengths, growth opportunities, firm size, and liquidity. Results of the study showed that about 33 percent of the sample showed that there were exchange rate exposure Rupiah against the Euro and 57 percent of the samples showed that there were exposure of the Rupiah against the U.S. Dollar. Financial strength is proxied by the variable Total Debt to Total Assets and operational strength is proxied by Asset Turnover and Asset Tangibility proved to significantly affects the magnitude exchange rate exposure Rupiah against the Euro. Whereas, the operational strength of the proxied by Asset Turnover, size is proxied by the Market Value, and liquidity is proxied by Dividend Payout proved to significantly affects the magnitude exchange rate exposure Rupiah against the U.S. dollar.Ada tabel

Ketersediaan

Call NumberLocationAvailable
8389PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Manajemen, Fakultas Ekonomi Universitas Indonesia.,
Edisi -
Subjek Corporate finance
Exchange rate
Non
Stock return
Firm size
Finance firm
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xiv, 95 p. : diagr. ; 30 cm.
Info Detail Spesifik -
Other Version/Related Tidak tersedia versi lain
Lampiran Berkas Tidak Ada Data