Since 2014
PERBANDINGAN PINJAMAN RUPIAH DAN DOLAR US UNTUK PEMBIAYAAN PERLUASAN USAHA
Journal of Management and Entrepreneurship
View Archive Info| Field | Value | |
| Title |
PERBANDINGAN PINJAMAN RUPIAH DAN DOLAR US UNTUK PEMBIAYAAN PERLUASAN USAHA
|
|
| Creator |
Hendry, Hendry; Alumnus, Faculty of Economics, Petra Christian University
Llewelyn, Richard V.; Faculty of Economics, Petra Christian University |
|
| Subject |
borrowing, intoest, exchange rate, rupiah, dollar, regression.
|
|
| Description |
This study has the purpose of determining which source of borrowing (rupiah or US dollars) is more profitable for a company wishing to expand its business. Two types of borrowing are examined: fixed loan and fixed principal loan, for each currency. Regression analysis and forecsting are used to determine the rupiah exchange rate for borrowed dollars. The results show that for both currencies, it is more profitable for a company to choose to borrow using the fixed loan compared to the fixed principal loan. From the point of view of interest rates, it is more profitable to borrow dollars because the US dollar interest rate is lower, but from the point of view of total payment in rupiah, it is clear that borrowing in rupiah is more profitable rather than US dollars. This is caused by the fact that a company choosing to borrow dollars will face exchange rate risk. Abstract in Bahasa Indonesia : Penelitian ini bertujuan untuk menentukan sumber dana pinjaman rupiah atau dolar US yang lebih menguntungkan perusahaan. Dua bentuk pinjaman yang diteliti adalah Fixed Loan serta pinjaman angsuran tetap untuk masing-masing mata uang. Analisa regresi dan forecasting digunakan untuk menentukan nilai tukar rupiah dalam dolar US untuk pinjaman dolar. Hasil menunjukkan bahwa untuk kedua mata uang, sebuah perusahaan lebih beruntung kalau memilih pinjaman yang dihitung dengan jenis Fixed Loan dibanding dengan jenis hitungan pinjaman angsuran tetap. Dari sudut bunga, memang lebih menguntungkan jika memilih pinjaman dolar US karena bunganya lebih kecil, tetapi jika dilihat dari sudut total pembayaran dalam rupiah, ternyata pinjaman rupiah lebih menguntungkan daripada pinjaman dolar US. Hal ini disebabkan karena jika memilih pinjaman dolar US, perusahaan akan menghadapi risiko nilai tukar. Kata kunci: pinjaman, bunga, kurs, rupiah, dolar, regresi. |
|
| Publisher |
Institute of Research and Community Outreach - Petra Christian University
|
|
| Date |
2004-06-04
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
|
| Format |
application/pdf
|
|
| Identifier |
http://jurnalmanajemen.petra.ac.id/index.php/man/article/view/15608
10.9744/jmk.3.1.pp. 48-60 |
|
| Source |
Jurnal Manajemen dan Kewirausahaan; Vol 3, No 1 (2001): MARCH 2001; pp. 48-60
|
|
| Language |
eng
|
|
| Relation |
http://jurnalmanajemen.petra.ac.id/index.php/man/article/view/15608/15600
|
|
| Rights |
Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
|
|