Pengaruh Pemecahan Saham dan Dividen Saham Terhadap Return Saham
| Main Authors: | Wihardjo, Michael Janitra, Sutejo, Bertha Silvia, Murhadi, Werner Ria |
|---|---|
| Format: | Proceeding PeerReviewed application/pdf |
| Terbitan: |
Ikatan Sarjana Ekonomi Indonesia
, 2016
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| Subjects: | |
| Online Access: |
http://repository.ubaya.ac.id/28808/7/PENGARUH%20PEMECAHAN%20SAHAM%20DAN%20DIVIDEN%20SAHAM%20TERHADAP%20RETURN%20SAHAM_Abstrak_2016.pdf http://repository.ubaya.ac.id/28808/1/PENGARUH%20PEMECAHAN%20SAHAM%20DAN%20DIVIDEN%20SAHAM%20TERHADAP%20RETURN%20SAHAM.pdf http://repository.ubaya.ac.id/28808/ |
Daftar Isi:
- This study aims to test positive effect of stock splits on stock returns and to test positive effect of stock dividends on stock returns. This study uses the quantitative approach with Ordinary Least Square method. The sample of the study the company registered in Indonesia Stock Exchange and performed corporate action such as stock splits and stock dividends in a pure, with the exception of cash dividend for the period of 1995 to 2015. The total sample is 105 companies. The study found that no effect to the stock splits and stock dividends on stock returns are measured using the average abnormal return. The control variables that have an impact is the difference of liquidity for pure stock splits and pure stock dividends, whereas the difference of volatility for stock splits and stock dividends related for robustness test, as well as pure stock dividends. Key words: Stock Splits, Stock Dividends, Stock Returns