Article Per Year (5 Year)
p-Index From 2019 - 2024
0.751
P-Index
This Author published in this journals
All Journal Jurnal Keuangan dan Perbankan Binus Business Review Prosiding Working Papers Series In Management Jurnal Bakti Masyarakat Indonesia
Siti Saadah
Universitas Katolik Indonesia Atma Jaya
Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Social Sciences Other

Published : 5 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 5 Documents
Search

 1 
Exchange Rate Volatility and Economic Growth: Managed Floating and Free-Floating Regime Felicia Grace Ratnasari Utomo; Siti Saadah
Jurnal Keuangan dan Perbankan Vol 26, No 1 (2022): January 2022
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v26i1.5878

Abstract

Indonesia's economy has been in its worst period. At that time, economic growth was below zero percent. One of the reasons is the high volatility of exchange rates in 1997-1998 when the exchange rate regime was transferred from managed floating to free-floating. Now, the high volatility of the exchange rate is feared to have an impact on the economy, especially economic growth, because it is one of the main focuses of the government's current achievements. Therefore, this study aims to see whether volatility impacts Indonesia's economic growth, especially in two different exchange rate regimes, managed floating and free-floating. This empirical research is based on quarterly data for 1994 - 2020, using the estimation method of Generalized Autoregressive Conditional Heteroskedasticity (GARCH) and Vector Autoregressive Model (VAR). The result shows that exchange rate volatility has a significant negative effect on economic growth, while the exchange rate regime moderates the impact of exchange rate volatility on economic growth.
Watch Your Neighbor: A Volatility Spillover in ASEAN-5 Stock Exchange sumani sumani; Siti Saadah
Binus Business Review Vol. 10 No. 1 (2019): Binus Business Review
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/bbr.v10i1.5400

Abstract

In the process of financial markets integration, this research was conducted to investigate the phenomenon of the transmission of stock return volatility among stock market in five ASEAN countries. Those were Indonesia, Singapore, Malaysia, Philippines, and Thailand. The research was important because when the interdependence of financial markets had increased, changes in asset prices in the market were not only influenced by the shock in the market but also by its response to asset price volatility that occurred in other countries. Information about the volatility spillover between markets was important for investors to the portfolio selection process. Exponential Generalized Autoregressive Conditional Heteroskedasticity (EGARCH) method was used on a daily time series stock return data obtained by accessing www.bloomberg.com. The result indicates that the shock in Singapore, Malaysia, Thailand, and the Philippines stock market will be transmitted to the Indonesia Stock Market with an asymmetric pattern. It has increased intensity after the implementation of the ASEAN Economic Community in December 2015.
ANALISIS YIELD SPREAD OBLIGASI BERDASARKAN FAKTOR DEFAULT DAN FAKTOR NON-DEFAULT : STUDI EMPIRIK PADA OBLIGASI KORPORASI DI SEKTOR KEUANGAN Anita Giovanni; Siti Saadah
Prosiding Working Papers Series In Management Vol 10, No 1 (2018): Prosiding Working Papers Series In Management
Publisher : Prosiding Working Papers Series In Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (429.653 KB)

Abstract

Bond is a financial assets investment instrument in capital market that is relatively new when compared to stock. In Indonesia, the research related to bonds, especially yield spread is very limited, thus it encourages author to analyze yield spread behavior based on several predictors such as SBI rate, bonds rating, return on equity (ROE), debt to equity ratio (DER) and macaulay duration. Multiple linear analysis method which is applicated to cross section data in this research shows that bonds rating and macaulay duration have a significant effect to yield spread on corporate bonds in financial sectors, in other words, investors consider bond rating and duration before agreeing bonds indenture. SBI rate, in the opposite, shows no significant effect on yield spread. This result may happen because of time lag in the transmission monetary policy mechanism process. Financial ratio such as return on equity and debt to equity ratio also show no significant effect on yield spread. It is possibly caused by the default risks of those financial ratio have already reflected on bonds rating, so investors do not consider ROE and DER directly.Keywords: Yield Spread, Bonds, Default, Non-Default
EDUKASI LITERASI KEUANGAN Novia Utami; Siti Saadah; Marsiana Luciana Sitanggang; Teresia Angelia Kusumahadi
Jurnal Bakti Masyarakat Indonesia Vol 5, No 1 (2022): Jurnal Bakti Masyarakat Indonesia
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jbmi.v5i1.15269

Abstract

The program literacy education program aims to increase the knowledge, understanding, and access of the Indonesian people to financial institutions, products, and services. Based on the results of a survey conducted by the Financial Services Authority in 2019, the financial literacy index in Indonesia is still low and only reached 38,03%. The educational program that we organized online through the Zoom platform is intended to support the improvement of public financial literacy, especially the students of SMA Santo Yakobus. They are part of the millennial generation of potential investors who must be given knowledge and understanding about the characteristics, benefit, and risks of various investment instruments that continue to develop from time to time. Attention to the millennial generation is important because data shows that currently the millennial generation is starting to dominate investment activities in several important financial assets. Based on the results of of a descriptive analysis of the respondent’s data on training participants, although they are not yet financially independent, more than 95% of them stated that the training has opened their horizons regarding I have nvestment activity in financial assets. The average score of 3 in the post-test for aspects of financial knowledge, financial behavior, and financial attitude, confirms their statement. The more people who have good financial knowledge, the greater the role of the financial sector in financing the investment in the real sector.ABSTRAKProgram Edukasi Literasi Keuangan bertujuan untuk meningkatkan pengetahuan, pemahaman, dan akses masyarakat Indonesia terhadap lembaga, produk, dan layanan jasa keuangan. Berdasarkan hasil survei yang dilakukan oleh Otoritas Jasa Keuangan pada tahun 2019, indeks literasi keuangan di Indonesia masih rendah dan baru mencapai angka 38,03%. Program edukasi yang kami selenggarakan secara online melalui platform Zoom, dimaksudkan untuk mendukung peningkatan literasi keuangan masyarakat, khususnya siswa-siswi SMA Santo Yakobus. Mereka adalah bagian dari generasi milenial calon investor potensial yang harus diberikan pengetahuan dan pemahaman tentang karakteristik, manfaat, dan risiko dari berbagai instrumen investasi yang terus berkembang dari waktu ke waktu. Perhatian terhadap generasi milenial menjadi penting karena data yang ada menunjukkan bahwa saat ini generasi milenial mulai mendominasi aktivitas investasi pada beberapa aset keuangan penting.  Berdasarkan hasil analisis deskriptif terhadap data responden peserta pelatihan, walaupun mereka belum mandiri secara finansial namun ternyata lebih dari 95% dari mereka menyatakan bahwa pelatihan telah membuka wawasan mereka terkait seluk beluk berinvestasi pada financial asset. Rerata skor 3 pada saat post-test untuk aspek financial knowledge, financial behaviour, dan financial attitude menguatkan pernyataan mereka tersebut. Semakin banyak masyarakat yang memiliki pengetahuan keuangan yang baik, maka semakin besar peran sektor keuangan dalam pembiayaan aktivitas investasi di sektor rii
EDUKASI LITERASI KEUANGAN Novia Utami; Siti Saadah; Marsiana Luciana Sitanggang; Teresia Angelia Kusumahadi
Jurnal Bakti Masyarakat Indonesia Vol. 5 No. 1 (2022): Jurnal Bakti Masyarakat Indonesia
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jbmi.v5i1.15269

Abstract

The program literacy education program aims to increase the knowledge, understanding, and access of the Indonesian people to financial institutions, products, and services. Based on the results of a survey conducted by the Financial Services Authority in 2019, the financial literacy index in Indonesia is still low and only reached 38,03%. The educational program that we organized online through the Zoom platform is intended to support the improvement of public financial literacy, especially the students of SMA Santo Yakobus. They are part of the millennial generation of potential investors who must be given knowledge and understanding about the characteristics, benefit, and risks of various investment instruments that continue to develop from time to time. Attention to the millennial generation is important because data shows that currently the millennial generation is starting to dominate investment activities in several important financial assets. Based on the results of of a descriptive analysis of the respondent’s data on training participants, although they are not yet financially independent, more than 95% of them stated that the training has opened their horizons regarding I have nvestment activity in financial assets. The average score of 3 in the post-test for aspects of financial knowledge, financial behavior, and financial attitude, confirms their statement. The more people who have good financial knowledge, the greater the role of the financial sector in financing the investment in the real sector.ABSTRAKProgram Edukasi Literasi Keuangan bertujuan untuk meningkatkan pengetahuan, pemahaman, dan akses masyarakat Indonesia terhadap lembaga, produk, dan layanan jasa keuangan. Berdasarkan hasil survei yang dilakukan oleh Otoritas Jasa Keuangan pada tahun 2019, indeks literasi keuangan di Indonesia masih rendah dan baru mencapai angka 38,03%. Program edukasi yang kami selenggarakan secara online melalui platform Zoom, dimaksudkan untuk mendukung peningkatan literasi keuangan masyarakat, khususnya siswa-siswi SMA Santo Yakobus. Mereka adalah bagian dari generasi milenial calon investor potensial yang harus diberikan pengetahuan dan pemahaman tentang karakteristik, manfaat, dan risiko dari berbagai instrumen investasi yang terus berkembang dari waktu ke waktu. Perhatian terhadap generasi milenial menjadi penting karena data yang ada menunjukkan bahwa saat ini generasi milenial mulai mendominasi aktivitas investasi pada beberapa aset keuangan penting.  Berdasarkan hasil analisis deskriptif terhadap data responden peserta pelatihan, walaupun mereka belum mandiri secara finansial namun ternyata lebih dari 95% dari mereka menyatakan bahwa pelatihan telah membuka wawasan mereka terkait seluk beluk berinvestasi pada financial asset. Rerata skor 3 pada saat post-test untuk aspek financial knowledge, financial behaviour, dan financial attitude menguatkan pernyataan mereka tersebut. Semakin banyak masyarakat yang memiliki pengetahuan keuangan yang baik, maka semakin besar peran sektor keuangan dalam pembiayaan aktivitas investasi di sektor rii
Co-Authors Anita Giovanni Felicia Grace Ratnasari Utomo Marsiana Luciana Sitanggang Sumani . Teresia Angelia Kusumahadi Utami, Novia