Dampak Stock Split terhadap Abnormal Return dengan Pendekatan Event Study pada Emiten yang Terdaftar di Bursa Efek Indonesia (original) (raw)
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2018
the purpose of this study is to know the existence of differences trading volume activity and abnormal return before and after stock split. the sample used in this study an 17 companies which doing the stock splits period 2012-2016 in indonesia stock exchange firms by purposive sampling method. the analysis technique used is paired sample t-test within event windows 5 days before and 5 days after stock split. the result show that trading volume activity there is difference between the volume of stock trading before and after the stock split. the result show that abnomal return after and before stock split is not difference in the manufacturing company listed in indonesia stock exchange.
Jurnal Kajian Manajemen Bisnis
This reseach aims to determine the effect of the stock split analysis of the trading volume and stock returns. This study using a quantitative research design causal. In this study population is all companies doing stock split at the company, which is listed in the Indonesia Stock Exchange (IDX) on 2011-2015, whose number is not known and the sample totaling 22 companies. Data were collected by using documentation. Data analyzed using paired sample t-test. The results of this study indicate that (1) there was no change in the volume of stock trading before and after the stock split and (2) there was no difference in stock returns before and after the stock split on the company stock split in the Indonesia Stock Exchange (BEI) 2011-2015.
Jurnal Manajemen Bisnis dan Kewirausahaan
This research aims to find out whether there is a significant difference in abnormal return and liquidity of shares before and after stock split for companies listed in Indonesian Stock Exchange during 2010-2015. 46 samples were obtained using purposive sampling method. The observation period is 10 days before and after stock split announcement. Hypothesis was tested by using Wilcoxon Signed Rank Test with significant level of 0.05. The result of this research shows that there is a significant difference in abnormal return before and after stock split, while there is no significant difference of share’s liquidity before and after stock split.
2021
1. Pendahuluan Pada zaman modern ini pasar modal di Indonesia semakin berkembang seiring dengan fungsinya yang semakin vital sebagai instrumen penting dalam perkembangan sistem perekonomian. Sebagai penghimpun dana dan lembaga investasi, pasar modal mempunyai hubungan erat dengan investor selaku pihak yang berinvestasi. Hal tersebut dibuktikan dengan penelitian yang dilakukan oleh Budiyanti (2011) bahwa pasar modal memiliki pengaruh besar terhadap pertumbuhan ekonomi di Indonesia. Banyak investor yang tertarik melakukan investasi saham pada perusahaan yang sudah go public, tapi dalam memutuskan suatu portofolio perusahaan yang layak, para investor memerlukan informasi yang memadai A R T I C L E I N F O A B S T R A C T
Jurnal Akuntansi, 2017
This study aims to determine the effect of the dividend's announcement to abnormal return from companies that registered in the Indonesia Stock Exchange. The study conducted by calculating the abnormal return by testing the hypothesis by using samples of 14 companies that registered IPO (Initial Pubilic Offer) on the Indonesian Stock Exchange in 2013-2015. From the analysis conducted, showed that there is significant effect between the announcement of the dividend’s announcement of the abnormal return. The result came out from the significant abnormal return that happen before, during and after the…
Perbandingan Abnormal Return Saham Sebelum Dan Sesudah Stock Split DI Bursa Efek Indonesia 2014-2018
Jurnal Manajemen Sinergi
Objective: Comparison of Abnormal Stock Returns Before and After Stock Split on the Indonesia Stock Exchange. The sample in this study used a purposive method. Based on the sample selection in accordance with the specified criteria, the number of samples in this study were 40 companies or as many as 200 units of observation within a period of 5 years.Methodology: The analytical method used in this study is the Test Difference method.Finding: Hypothesis accepted at the 5% confidence level.Conclusion: The results showed that abnormal returns had a positive and significant effect before and after the stock split. Because an increase in abnormal stock returns before and after the stock split.