STOCK SPLIT DAN EFEK INTRA INDUSTRI PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA
Main Author: | SAVITRI, MEI PUJI |
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Format: | Thesis NonPeerReviewed Book |
Bahasa: | eng |
Terbitan: |
, 2015
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Subjects: | |
Online Access: |
http://eprints.perbanas.ac.id/538/1/ARTIKEL%20ILMIAH.pdf http://eprints.perbanas.ac.id/538/2/COVER.pdf http://eprints.perbanas.ac.id/538/3/BAB%20I.pdf http://eprints.perbanas.ac.id/538/4/BAB%20II.pdf http://eprints.perbanas.ac.id/538/5/BAB%20III.pdf http://eprints.perbanas.ac.id/538/6/BAB%20IV.pdf http://eprints.perbanas.ac.id/538/7/BAB%20V.pdf http://eprints.perbanas.ac.id/538/8/LAMPIRAN.pdf http://eprints.perbanas.ac.id/538/ |
Daftar Isi:
- The purpose of this research are to compare abnormal return and trading volume activity between reporter firm and non reporter firm, and to examine about intra industri effect of stock split announcement at manufacturing company in Indonesia Stock Exchange. The examine of this research made us of abnormal return and trading volume activity. By using purposive sampling on the data of manufacturing company listed in Indonesia Stock Exchange. The sample of this research is 13 reporter firms and 39 non reporter firms during the period of 2009-2012. To compare abnormal return and trading volume activity made use of independent sample t-test and to examine intra industri effect made us of Spearman’s correlation. The result of this research shows that stock split not has information content by the market around date of stock split announcement. It because the different abnormal return and trading volume activity between reporter and non reporter is not significant. The other result shows that the intra industri effect of stock split announcement is contagion effect for abnormal return and for trading volume activity not has intra industri effect. Key words: stock split, intra industri effect, abnormal return, trading volume activity, contagion effect