Risk Management via Measuring Impacts of Micro and Macro Economic Factors on Financial Firm Stock Price—A Case of Mitsubishi UFJ in Japan  

作　　者：Dinh Tran Ngoc Huy 

机构地区：[1]Banking University,HCM city,Vietnam [2]International University of Japan,Niigata,Japan

出　　处：《Economics World》2020年第1期1-14,共14页经济世界（英文版）

摘　　要：Mitsubishi UFJ(MUFJ)has made very positive contributions to the overall achievements of the banking industry,deserving its position as one of the leading financial groups in Japan,contributing to helping government stabilizes the market and successfully implement monetary policy.MUFJ is aiming for growth of approximately¥250 billion in net operating profits,with MUFG Group companies,business groups,and the corporate center.Movement of stock price in financial groups such as MUFJ will reflect the business health of bank and financial system and the whole economy.Good business management requires us to consider the impacts of multi micro and macro factors on stock price,and it contributes to promoting business plan and economic policies for economic growth and stabilizing macroeconomic factors.By data collection method through statistics,analysis,synthesis,comparison,quantitative analysis to generate qualitative comments and discussion;using econometric method to perform regression equation and evaluate quantitative results,the article analyzed and evaluated the impacts of six(6)micro and macro economic factors such as:cost,net sale,lending rate,inflation,GPD growth,S&P 500,etc.on stock price of a big financial group,MUFJ in Japan in the period of 2010-2019,both positive and negative sides.The results of quantitative research,in a seven-factor model,show that the decrease in inflation,GDP,and high lending rate has a significant effect on reducing MUFJ stock price with the highest impact coefficient,the second is increase in cost.This research finding and recommended policy also can be used as reference in policy for commercial bank and financial system in many developing countries.

关 键 词：MUFJ STOCK price GDP growth INFLATIONARY risk free RATE market INTEREST RATE 

分 类 号：F42[经济管理—产业经济]