Asia's financial crisis in July 1997 affects currency, capital market and real market throughout Asian countries. Countries in Southeast region (ASEAN), including Indonesia, Malaysia, Philippine, Singapore, and Thailand are some of the countries where the crisis hit the most. In these countries,...

This paper wants to explore the effectiveness of momentum or contrarian strategy in Indonesian Stock Exchange using different methods in measuring the performance. The point of momentum or contrarian strategy is selecting winner (stocks with highest gain) or loser stocks (stocks with highest...

Some Islamic banks have experienced decreasing performance after spinning off from the parent company, and it is presumed that the amount of capital may have contributed to the decline. Hence, this paper aims to find a minimum amount of capital that Islamic bank must own after spin-offs in order...

We study the macrofinancial linkage of stock market and financial system stability in Indonesia. Three stock market-based measures are proposed and are tested to search for possible empirical link from observed stock prices (stock market mispricing), combination of observed price and fundamental...

Asia’s financial crisis in July 1997 affects currency, capital market, and real market throughout Asian countries. Countries in southeast region (ASEAN), including Indonesia, Malaysia, Philippines, Singapore, and Thailand, are some of the countries where the crisis hit the most. In these...