FINANCIAL INNOVATION: ALTERNATIF ‘MENJANJIKAN’ DALAM DUNIA KEUANGAN

Abstract: Financial innovation  has more influences for company and investor who want to borrow  or  lending.  Financial  economics,  law  and  regulator,  technology  change, etc.  exactly  will  be  influences  successful  of  financial  innovation.  Stimulated financial  innovation  was  importance  so  that  could  achieve  maximum  success. Financial market especially capital market also being more efficient and effective. But it had been supported  improvement  society  knowledge  about  how  financial innovation arising, why sometimes success or fail, what function and benefit from this, determining factors, and relationship with market price and asset pricing.  In emerging market, financial innovation has effect to growth economic and decrease national‟s  cost  of  capital.  Social  welfare  will  achieve  because  had  been  transfer from saving to investing until the end can decrease household cost of living.    
Keywords: financial  innovation,  financial  market,  growth  economic,  social welfare
Kode Jurnal: jpmanajemendd090082
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