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Indonesian Capital Market Reaction When Facing the Global Crisis

Indonesian Capital Market Reaction When Facing the Global Crisis

Paperback

Accounting

ISBN10: 6630237234
ISBN13: 9786630237238
Publisher: LAP Lambert Academic Publishing
Published: Aug 5 2026
Pages: 88
Weight: 0.28
Height: 0.21 Width: 6.00 Depth: 9.00
Language: English
When Lehman Brothers collapsed on September 15, 2008, the shockwaves reverberated far beyond Wall Street, triggering a global financial crisis that tested the resilience of emerging economies worldwide.This book offers a rigorous, data-driven look into how international financial shocks destabilize localized markets, focusing on the dramatic reaction of the Indonesian capital market. Through a meticulous event study analyzing stock prices, abnormal returns, and trading volume activities within the elite LQ-45 index, this work uncovers the immediate consequences of global panic on local liquidity and investor behavior. Crucially, it evaluates whether high standards of corporate governance act as a shield during macroeconomic storms-revealing an unexpected disconnect between corporate accolades and market realities.Essential reading for economists, financial analysts, and corporate leaders, this book provides critical insights into market vulnerability, resilience, and the true value of governance.

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