THE INFLUENCE OF STOCK RETURN, INFLATION, AND OWNERSHIP STRUCTURE TO THE INVESTMENT RISK (The studied on manufacture industry which listed at Indonesian Stock Market 2003-2009 Period)

Komariah, Siti

THE INFLUENCE OF STOCK RETURN, INFLATION, AND OWNERSHIP STRUCTURE TO THE INVESTMENT RISK (The studied on manufacture industry which listed at Indonesian Stock Market 2003-2009 Period)

dc.contributor.author	Komariah, Siti
dc.date.accessioned	2016-02-12T03:47:05Z
dc.date.accessioned	2019-10-21T11:50:21Z
dc.date.available	2016-02-12T03:47:05Z
dc.date.available	2019-10-21T11:50:21Z
dc.date.issued	2011-06-16
dc.description.abstract	Economic development in Indonesia is currently facing the risk increases even during the global financial crisis. The global financial crisis affects the economy of a country including Indonesia. The economic crisis in Indonesia have an impact on the declining performance of the company's fundamentals on the stock market. This degradation caused by a failure in risk management, especially the unsistematic risk. Many companies can’t manage they debt policy, investment decisions, earnings management, liquidity and ownership structure that has implications for the risk. The objective of this research is to investigate the effect of stock return, inflation and ownersip stucture to investment risk of Manufacturer Industries in 2003-2009. This research used fourmultiple regression model, and the models are: 1st model to investigate effect of the stock return factors to stock return ; 2nd model used to investigate effect of the inflation factors to the inflation ; 3rd model used to investigate effect of the ownership structure factors to the ownership structure ; 4th model used to investigate effect of the stock return factor, inflation as the regional monetary factor, and ownership structure factors to investment risk. Population of this research is manufacturing companies listed in BEI. The sampling method used in this research is purposive sampling and the results are 126 companies according to the criteria of the sample. Pooling data method and judgment sampling is used to collect the data and two stage least squares (2 SLS) as the analysis method. Base on the hypothesis test it can be summarized that all predictor have significant effect simultaneously. Result of the 1st Model, Only Investment and Profitability Effect to stock return partially ; 2nd model, SBI, KURS, and M2 effect to the inflation partially; 3rd model only Diividend Payout Ratio and Debt to Equaity Ratio Effected to Ownership Structure partially ; 4th model, only return variable significantly influence to Investment Risk partially.	en_US
dc.identifier.uri	http://repository.widyatama.ac.id/handle/123456789/6598
dc.language.iso	en	en_US
dc.publisher	Society Interdisciplinary Business and Economy Research Conference (SIBR) 2011, FE Tammasat University Bangkok	en_US
dc.relation.ispartofseries	;KII.CD.081
dc.subject	Stock Return	en_US
dc.subject	Inflation	en_US
dc.subject	Ownership Structure	en_US
dc.subject	Investment Risk	en_US
dc.title	THE INFLUENCE OF STOCK RETURN, INFLATION, AND OWNERSHIP STRUCTURE TO THE INVESTMENT RISK (The studied on manufacture industry which listed at Indonesian Stock Market 2003-2009 Period)	en_US
dc.type	Presentation	en_US