The effect of market risk on returns: Case of banking in Indonesia

Authors

  • Dhea Modeong Sam Ratulangi University
  • Ricky Wati Sam Ratulangi University
  • Jeine Ante Sam Ratulangi University
  • Efrianto Tadung Sam Ratulangi University

DOI:

https://doi.org/10.58784/cfabr.3

Keywords:

market risk, returns, banking, CAPM, IHSG

Abstract

The banking industries are a sector that play important role to support national development and national economy. During Covid-19 pandemic, most of market in the world include Indonesia has urgent circumstances. The objective of this study is to examine whether the Covid-19 pandemic has bad impact on returns of banking industries. The results of regression over January 3, 2020, to December 30, 2021 show that there is positive relationship for risk-return of BBNI and BBRI. Those results imply that Covid-19 pandemic does not have significant effect on returns for those banks. It also means that most investors feel safe for those banks financial performance.

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Published

2023-02-16

How to Cite

Modeong, D., Wati, R., Ante, J., & Tadung, E. (2023). The effect of market risk on returns: Case of banking in Indonesia. The Contrarian : Finance, Accounting, and Business Research, 1(1), 6–11. https://doi.org/10.58784/cfabr.3

Issue

Vol. 1 No. 1 (2022)

Section

Articles

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Copyright (c) 2023 Dhea Modeong, Ricky Wati, Jeine Ante, Efrianto Tadung

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