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研究生: 鄭偉光
Harvin Theja
論文名稱: 地緣政治風險,油價和總體經濟指標對印尼市場表現之影響
The Effects of Geopolitical Risk, Oil Price and Macroeconomic Indicators on Market Performance in Indonesia
指導教授: 陳俊男
Chun-Nan Chen
口試委員: 鄭仁偉
Jen-Wei Cheng
林軒竹
Hsuan-Chu Lin
余士迪
Shih-Ti Yu
學位類別: 碩士
Master
系所名稱: 管理學院 - 財務金融研究所
Graduate Institute of Finance
論文出版年: 2021
畢業學年度: 109
語文別: 英文
論文頁數: 42
中文關鍵詞: Geopolitical RiskOil PriceMacroeconomicMarket PerformanceIndonesia
外文關鍵詞: Geopolitical Risk, Oil Price, Macroeconomic, Market Performance, Indonesia
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Stock market was one of the key indicators to show the economic condition of a country, it also become the capital platform to raise fund for companies and the country to develop, the movement of the stock market was in seconds and might be substantial to many stakeholders. In this paper would examine the effect that caused by geopolitical risk, oil price and several macroeconomic indicators on the Indonesia market performance. Indonesia market chosen as a representation of the emerging country, which continuously growing and believed to have a bigger contribution to the world economic in the near future. The result shows that Indonesia market was not significantly influenced by the geopolitical issue and significantly affected by some macroeconomic indicators. The findings provide insight and assist investor and policy makers in making decision.

ABSTRACT i ACKNOWLEDGEMENTS ii LIST OF CONTENTS iii LIST OF TABLES vi LIST OF FIGURES vii CHAPTER 1: INTRODUCTION 1 1.1 Research Background 1 1.2 Research Objectives 7 1.3 Research Problems 7 1.4 Research Procedures 7 CHAPTER 2: LITERATURE REVIEW 9 2.1 Market Performance 9 2.2 Geopolitical Risk 11 2.3 Natural Disaster 12 2.4 Oil Price 12 2.5 Macroeconomic Indicators 13 CHAPTER 3: DATA AND METHODOLOGY 15 3.1 Research Population and Variables 15 3.1.1 Population 15 3.1.2 Variables 15 3.2 Data Analysis 17 CHAPTER 4: RESULTS & ANALYSIS 20 4.1 Descriptive Statistics 20 4.2 Normality Test 21 4.3 Multicollinearity Test 22 4.4 Hypotheses Testing 23 4.4.1 Coefficient of Determination (R2) 23 4.4.2 F Test 24 4.4.3 Regression Result 25 CHAPTER 5: CONCLUSIONS 30 5.1 Research Conclusions 30 5.2 Research Limitations 31 5.3 Further Research Suggestions 32 References 33

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