Analysis of Transaction Volume and Stock Return on the Indonesia Stock Exchange

Abstract

This study is intended to examine the Rupiah Exchange Rate, Inflation, Oil Price as part of macro fundamental variables and Return on Equity, Firm Size, Debt to Equity Ratio, Dividend Payout Ratio, Foreign Value as part of micro fundamentals on Stock Transaction Volume and its implications for Stock Returns. The objects in this study are automotive companies and their components listed on the Indonesia Stock Exchange for the period 2011-2017 by using panel data regression in conducting the analysis. The variables in the first research model that have a significant effect are Rupiah Exchange Rate, Oil Price, Dividend Payout Ratio with a negative correlation to Stock Transaction Volume, while Return on Equity, Debt to Equity Ratio have a positive correlation. In the second research model. References Simpson, Christopher. (1988) BlowBack: America’s Recruitment of Nazis and its Effects on the Cold War. New York: Wheatland Corporation. "Israel Arms Control and Proliferation Profile." The Arms Control Association (July 2013). Goldblat, Jozef (2002). Arms Control: A Guide to Negotiations and Agreements (London: Sage Publications Ltd., 2004). Smith, Roger K. "Explaining the Nonproliferation Regime: Anomalies for Contemporary International Relations Theory," Spring 1987. International Organisation 41, no.2. 253. Jozef Goldblat, F. Barnaby, B. Jasani, and J. Rotblat ed.(2020). Nuclear Energy and the Proliferation of Nuclear Weapons. 302. Londres: Stockholm International Peace Research Institute Chari, P.R. (March 2011). "From CTBT to FMCT: India's Nuclear Debate." IPCS Issue Summary. Walsh, Jim (2005). Learning from Past Achievements: The Nuclear Non-Proliferation Treaty and the Future of Non-Proliferation (Stockholm, Sweden: Weapons of Mass Destruction Commission. 2013 "Fact Sheet: North Korea's Nuclear and Ballistic Missile Programs" by Kim, Duyeon. Arms Control and Non-Proliferation Center. "Israel Arms Control and Proliferation Profile." (2013) Association for Arms Control. New York: Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons (2005). (2-27 May, 2005). Keller, William W. Janne E. Nolan (Winter 1997-98). Foreign Policy, "Proliferation of Advanced Weapons: A Threat to Stability." "Communication Received from Several Member States Regarding Export Guidelines for Nuclear Materials, Equipment, and Technology" (1978) February Circular INFCIRC/254 from the International Atomic Energy Agency. Rudney, Robert. and Anthony T.J. (1996). Beyond COCOM: A Comparison of Five National Export Control Systems and Their Implications for a Multilateral Non-Proliferation Regime Comparative Strategy 15, no. 1 (January/March 1996), pp. 41-57. Young, Oran R. (1986) "International Regimes: Toward a New Theory of Institutions," World Politics, vol. 106, p. 106. Tertrais, Bruno (ed) Henry D. Sokolski. Strategic Studies Institute of the U.S. Army War College. Houston Wood (2008) Alexander Glaser and Scott Kemp, "The gas centrifuge and the proliferation of nuclear weapons," 61 Physics Today (3). Robert O. Keohane and Joseph S. Nye, Power and Interdependence (1977). Little, Brown, in Boston Bhonsle Rahul K. Ved Prakash and Kulwant Rai Gupta, (2007) "Indo-U.S. Civil Nuclear Agreement," Atlantic Publishers & Distrib. 33. India's economy is expanding faster than China's at present (2015) The Economist, nineteen February. Keohane In Power and Interdependence, Robert O. and Joseph S. Nye (2001) wrote "Realism and Complex Interdependence." 23. Robert O. Keohane and Joseph S. Nye, editors. New York: Longman. Stein, Arthur A., "Coordination and collaboration: regimes in an anarchic world," in International Regimes, edited by Stephen D. Krasner (New York: Cornell University Press, 1983), 117. International Responses to Technology: Concepts and Trends, by John Gerard Ruggie. Summer 1975 issue of International Organization, volume 29, number 3: 570 pages. The shrewdness of Andreas. Integrating Theories of International Regimes. Peter Mayer and Volker Rittberger, 2000. British International Studies Association, Review of International Studies, volume 26, number 1 (January), pages 3–33. Haas, Ernst (1980) "Technological Self-Sufficiency for Latin America: The OAS Contribution." Autumn 1980 issue of International Organization, number 4: 553. Jervis, Robert. "Security Regimes," in International Regimes, edited by Stephen D. Krasner, 186, Cornell University Press, New York, 1983. Keohane Robert 0. Lisa L. Martin (Summer, 1995). Institutionalist Theory's Prospects. International Security, volume 20, issue 1: 39-51. Has, Ernst B. (1983). "Words Can Hurt: Who Said What to Whom About Regimes," in International Regimes, edited by Stephen D. Krasner, New York: Cornell University Press, pp. 38-39. Rebecca Johnson. (2014) "Time warps in Nuclear Non-Proliferation." Liberal Democracy.