The effect of internationalization to risk in industrial manufacturing company that listed on the Indonesia Stock Exchange 2010-2014 period

., Mechiko and Marciano, Deddy and Herlambang, Arif (2016) The effect of internationalization to risk in industrial manufacturing company that listed on the Indonesia Stock Exchange 2010-2014 period. Proceeding 13th International Annual Symposium on Management, Market Integration In ASEAN: Sustainable Growth And Cross Cultural Issues. pp. 1-2079. ISSN 978-602-73852-0-7

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Abstract

The objective of this study is to examine the effect of internationalization to risk in industrial manufacturing company that listed on the Indonesia Stock Exchange 2010-2014 period. This study uses 3 regression analysis model, which is model of linear, quadratic, and cubic to test the hypothesis. The number of observation used in this study is 385 observations. The result shows that internationalization has a significant positive effect on systematic risk, total risk, and unsystematic risk of the company. At the level of internationalization of less than 10%, there is an inverted S-shaped pattern between internationalization and total risk, as well as between internationalization and unsystematic risk,. whereas there is no significant effect on systematic risk of the company. While the level of internationalization is more than or equal to 10%, internationalization has a significant positive effect on systematic risk, and there is an inverted U-shaped pattern between internationalization and the total risk, as well as between internationalization and unsystematic risk.

Item Type: Article
Uncontrolled Keywords: internationalization, systematic risk, total risk, unsystematic risk
Subjects: H Social Sciences > HG Finance
Divisions: Faculty of Business and Economic > Department of Management
Depositing User: Arif Herlambang 61148
Date Deposited: 15 Jul 2016 06:36
Last Modified: 15 Jul 2016 06:36
URI: http://repository.ubaya.ac.id/id/eprint/28075

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