CD-ROM

Pengaruh Capital Asset Pricing Model (CAPM) dan Expected Return Terhadap Harga Saham di Indonesia (Studi pada Perusahaan Sub Sektor Telekomunikasi) (CD + Cetak)

---

The aim of the study is to assess the positive relation between expected return of asset or portofolio with its consumption beta, using capital asset pricing model (CAPM) (Breden, 1979) in Indonesia Stock Exchange market. Hypothesis testing in this research utilizing two-step econometric models: first pass regression and second pass regression. Based on the test, there is no linear and positive relation between expected return and consumption beta. The results suggest the limited correlation between the aggregate of consumption level and historical return movement. The research does not support CAPM theory. The results indicate another factor aside from consumption in determining stock exchange return. It shows the fact that the small proportion of investor compared to the population of the country affects how the consumption data should be interpreted carefully since the data reflect more on non-investor consumer consumption.
Key Words: CAPM, intertemporal, Beta, Expected return

---

Ketersediaan

Informasi Detail

Judul Seri

-

No. Panggil

083 MJN2020 JAJ p

Penerbit

Malang : Program Studi Manajemen Fakultas Ekonomi Dan Bisnis Universitas Merdeka Malang., 2020

Deskripsi Fisik

PDF, 2.518 KB

Bahasa

Indonesia

ISBN/ISSN

-

Klasifikasi

083 MJN 2020

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

-

Subjek

CAPM
BETA
INTERTEMPORAL
EXPECTED RETURN

Info Detail Spesifik

-

Pernyataan Tanggungjawab

-

Versi lain/terkait

Lampiran Berkas

Komentar

---

Anda harus masuk sebelum memberikan komentar