Research Article
Do International Football Match and Host Country Impact Stock Return in Indonesia?
@INPROCEEDINGS{10.4108/eai.17-7-2020.2303081, author={Adrianna Syariefur Rakhmat}, title={Do International Football Match and Host Country Impact Stock Return in Indonesia?}, proceedings={Proceedings of the 1st International Conference on Economics Engineering and Social Science, InCEESS 2020, 17-18 July, Bekasi, Indonesia}, publisher={EAI}, proceedings_a={INCEESS}, year={2021}, month={1}, keywords={football match host country stock return}, doi={10.4108/eai.17-7-2020.2303081} }- Adrianna Syariefur Rakhmat
Year: 2021
Do International Football Match and Host Country Impact Stock Return in Indonesia?
INCEESS
EAI
DOI: 10.4108/eai.17-7-2020.2303081
Abstract
This research is an analysis to find out about effect of football match and Host Country on Stock Return in Indonesia Stock Exchange. This study focuses on the specific football championship including ASIAN Football Cup, ASIAN GAMES, SEA GAMES, and AFF CUP for the period from 1996 until 2019. The tool used in this research is EVIEWS data analytics software and its multiple regression analysis specially. Variable included in the regression model are football match, host country, and stock price. The result of this study showed that stock return in Indonesia does not influenced by football match and host country
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