ANALISIS PERBEDAAN BID ASK SPREAD DAN VOLATILITAS SAHAM SEBELUM DAN SESUDAH PENGUMUMAN STOCK SPLIT
| Main Authors: | FEBRIANTI, NOERITA, PRASTIWI, DEWI |
|---|---|
| Format: | eJournal |
| Bahasa: | ind |
| Terbitan: |
Jurnal Ilmu Manajemen (JIM)
, 2014
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| Online Access: |
http://ejournal.unesa.ac.id/index.php/jim/article/view/10169 |
Daftar Isi:
- Absract:This study aimedtoanalyze the differences ofbidask spreadandstock volatilitybeforeand after theannouncement of stock splitoncompanies listedinIndonesia Stock Exchange2010-2013 period. The samples are30companies chosenbypurposive sampling method. This study usedeventperiod5daysbeforeand5daysafter stock split withdescriptivestatisticalanalysistechniques, the normality test(one sample kolmogorov smirnovtest), andhypothesis testing(wilcoxon signed rankstest). The results ofthe descriptivestatisticsindicatethatthe bidask spreadafter announcement ofstock splithas decreasedwhileincreasingstockvolatilitythan before announcement. However, the resultsofhypothesis testingwith thewilcoxonsigned rankstestshowedthatboththe bidask spreadsandstockvolatilityis not significant differencebetweenbefore and after announcement of stock split. Keywords:stock split, bid ask spread, and stock volatility.