Risiko Geopolitik dan Indeks Harga Saham Gabungan Indonesia
DOI:
https://doi.org/10.32897/jemper.v6i2.3051Kata Kunci:
Risiko Geopolitik, Aksi Geopolitik, Indeks Harga Saham GabunganAbstrak
Peningkatan ketegangan geopolitik global saat ini telah menarik perhatian para ahli dan akademisi. Penelitian ini bertujuan untuk menganalisis bagaimana risiko geopolitik di dalam negeri dan di negara-negara dengan tingkat risiko tertinggi (Ukraina, Amerika, Rusia, dan China) memengaruhi indeks harga saham gabungan di Indonesia. Dengan menggunakan data indeks risiko geopolitik (GPRH) dan tindakan geopolitik (GPRA) dari tahun 2004 hingga 2023, penelitian ini menemukan bahwa risiko geopolitik di Ukraina dan Amerika Serikat memiliki dampak negatif yang signifikan terhadap pasar saham Indonesia, sementara di China dan Rusia justru berdampak positif. Selain itu, penelitian ini juga menunjukkan bahwa dampak risiko geopolitik akan semakin besar ketika terjadi peristiwa-peristiwa seperti perang atau aksi terorisme. Temuan ini memberikan saran kepada para investor untuk mempertimbangkan risiko geopolitik sebagai faktor penting dalam pengambilan keputusan investasi.
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