http://eprints.untirta.ac.id/id/eprint/60145 2026-04-29T07:49:33Z info:eu-repo/semantics/descriptiveMetadata https://eprints.untirta.ac.id/60145/ KEBIJAKAN MONETER, FAKTOR MAKRO EKONOMI, FAKTOR GLOBAL DAN KARAKTERISTIK BANK PADA VOLATILITAS HARGA SAHAM PERBANKAN DI INDONESIA YUNINGSIH, YUYUN H Social Sciences (General) HB Economic Theory This study aims to identify the effect of BI rate (BI rate = BI), exchange rate (exchange rate = KR), inflation (inflation = IF), Dow Jones = DJ), London interbank offered rate (LBR), assets (ASSET), return on assets (ROA), capital adequacy ratio (CAR) on stock return volatility (VRS) in the banking sector in Indonesia in the period 2020Q1 to 2024Q4. The estimation results using the GMM panel show that BI has a positive and significant effect on stock return volatility. However, KR has a negative and significant effect on VRS. While IF has a positive and significant effect on stock return volatility. Meanwhile, LBR and return on assets have a positive and significant effect on stock return volatility. While Dow Jones, assets and CAR have a negative effect on stock return volatility. These findings imply that Bank Indonesia and OJK are expected to pay attention to the impact of monetary policy, such as interest rates and money supply, on banking sector stock volatility. Policies that are too aggressive or inconsistent can increase market uncertainty. Therefore, more integrated policy coordination is needed to maintain the stability of the financial sector, especially in the capital market. 2025 Thesis NonPeerReviewed text en https://eprints.untirta.ac.id/60145/1/Yuyun%20Yuningsih_7786230004_Lamp.pdf text en https://eprints.untirta.ac.id/60145/2/Yuyun%20Yuningsih_7786230004_Ref.pdf text en https://eprints.untirta.ac.id/60145/3/Yuyun%20Yuningsih_7786230004_Bab%205.pdf text en https://eprints.untirta.ac.id/60145/5/Yuyun%20Yuningsih_7786230004_03.pdf text en https://eprints.untirta.ac.id/60145/6/Yuyun%20Yuningsih_7786230004_02.pdf text en https://eprints.untirta.ac.id/60145/7/Yuyun%20Yuningsih_7786230004_Bab%201.pdf text en https://eprints.untirta.ac.id/60145/8/Yuyun%20Yuningsih_7786230004_04.pdf YUNINGSIH, YUYUN (2025) KEBIJAKAN MONETER, FAKTOR MAKRO EKONOMI, FAKTOR GLOBAL DAN KARAKTERISTIK BANK PADA VOLATILITAS HARGA SAHAM PERBANKAN DI INDONESIA. Master thesis, UNIVERSITAS SULTAN AGENG TIRTAYASA. info:eu-repo/semantics/objectFile info:eu-repo/semantics/objectFile info:eu-repo/semantics/objectFile info:eu-repo/semantics/objectFile info:eu-repo/semantics/objectFile info:eu-repo/semantics/objectFile info:eu-repo/semantics/objectFile info:eu-repo/semantics/humanStartPage