This study aimed to predict the JKII (Jakarta Islamic Index) price as a price index of sharia stocks and predict the loss risk. This study uses geometric Brownian motion (GBM) and Value at Risk (VaR; with the Monte Carlo Simulation approach) on the daily closing price of JKII from 1 August...

The Republic of Indonesia, herein Indonesia, is the world's largest archipelagic state, consisting of more than 17,500 islands with over 81,000 kilometres (km) of coastline, a population of 270.6 million as of 2019 and the largest economy in Southeast Asia. Indonesia is highly vulnerable to...

This study aims to provide empirical insights into stocks' performance in the BIST 100 index of Borsa Istanbul and KOMPAS 100 index of the Indonesian Stock Exchange. The risk-free rates and top 100 stocks closing price data of Borsa Istanbul (BIST) and Indonesia Stock Exchange (IDX) have been...

Financial conglomeration in Indonesia is a unique form because Indonesia has three financial conglomeration types that existed. There are vertical, horizontal, and mixed types. In fact, many countries are implementing vertical financial conglomerates because the supervision is easier to carry...

This study analyzes the investment horizon from a behavioral point of view by examining the overall influence of different investment horizons on expected returns and risk perception in Indonesia. We used students of Master of Science, Master of Management, and Doctorate Programs at the Faculty...

Banks' fundamental concept relies on public trust. Since banks are also called the fiduciary financial institutions, public trust plays as an important role in the banking industry. This is mainly due to the fact that banks do not actually manage their own money. Instead, banks manage public...

Indonesia is one of the main agriculture producers globally and largely relies on domestic staples for its growing population. Projections of climate change models for Indonesia point towards increasing temperatures and more extreme distributions of precipitation with more frequent dry and wet...