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Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute

Economics and Business

Quarterly Reviews

ISSN 2775-9237 (Online)

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
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doi
open access

Published: 10 May 2021

The Effect of Share Transaction Determinants and its Impact on JCI on IDX 2010-2020

M. Noor Salim, Yohanes Gabriel Obie P

Mercubuana University, Indonesia

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, management journal

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doi

10.31014/aior.1992.04.02.349

Pages: 108-119

Keywords: Inflation, Dollar Exchange Rate, Yuan Exchange Rate, Chinese Index, JCI and Transaction Volume

Abstract

The purpose of this study was to determine the effect of inflation, the dollar exchange rate, the yuan exchange rate and the Chinese index partially and simultaneously on the JCI. To determine the effect of inflation, the dollar exchange rate, the yuan exchange rate and the Chinese index partially and simultaneously on the volume of transactions. To determine the effect of inflation, the dollar exchange rate, the yuan exchange rate and the Chinese index on the JCI with transaction volume as an intervening variable. The results of the JCI data analysis show that the dollar exchange rate, inflation and the Chinese index have an effect on the JCI and the yuan exchange rate does not affect the JCI, but simultaneously inflation, dollar exchange rate, yuan exchange rate and the Chinese index have an effect on the JCI. The results of the transaction volume data analysis show that the dollar exchange rate, the yuan exchange rate and the Chinese index have an effect on the volume of transactions, while inflation has no effect on the volume of transactions. Simultaneously, inflation, dollar exchange rate, yuan exchange rate and Chinese index have an effect on transaction volume. The results of the transaction volume data analysis as an intervening variable indicate an influence.

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