Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)

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Determinants of Private Investment in Asean 5

Authors
Andi Nur Ilham1, *, Retno Fitrianti1
1Department of Economic Resource, Hasanuddin University, Makassar, Indonesia
*Corresponding author. Email: icame@unhas.ac.id
Corresponding Author
Andi Nur Ilham
Available Online 30 July 2025.
DOI
10.2991/978-94-6463-758-8_13How to use a DOI?
Keywords
FDI; GDP; Interest Rate and Corruption Perception Index
Abstract

This study analyses the determinants of private investment in five ASEAN countries, namely Indonesia, the Philippines, Malaysia, Thailand and Vietnam. This study incorporates corruption perception index variables that are rarely analysed comprehensively in the ASEAN context, especially in Indonesia, the Philippines, Malaysia, Thailand and Vietnam. The variable used is Foreign Direct Investment (FDI) as the dependent variable (Y), with independent variables, GDP (X1), interest rates (X2) and corruption perception index (X3). The data used in this study are secondary data obtained from various official sources during a certain period u. The analysis method used is panel data regression in 5 ASEAN countries from 2007-2022 to determine the effect of independent variables on FDI. Based on the estimation results, it can be concluded that simultaneously the GDP variable and the corruption perception index have a significant effect on the private investment variable in 5 ASEAN countries from 2007-2022. Partially, the interest rate variable has no significant effect on private investment in ASEAN 5.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 July 2025
ISBN
978-94-6463-758-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-758-8_13How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Andi Nur Ilham
AU  - Retno Fitrianti
PY  - 2025
DA  - 2025/07/30
TI  - Determinants of Private Investment in Asean 5
BT  - Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
PB  - Atlantis Press
SP  - 136
EP  - 142
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-758-8_13
DO  - 10.2991/978-94-6463-758-8_13
ID  - Ilham2025
ER  -