Pengujian Pasar Efisien Bentuk Setengah Kuat Pada Pasar Modal Di Indonesia (Studi Kasus Perusahaan Merger Dan Akuisisi Yang Terdaftar Di Bursa Efek Indonesia Selama Tahun 2008-2017)
| Main Author: | Agung Setiawan Cahaya Putra |
|---|---|
| Other Authors: | Ahmad Rodoni |
| Format: | bachelorThesis |
| Bahasa: | ind |
| Terbitan: |
Jakarta : Fakultas Ekonomi dan Bisnis UIN Syarif Hidayatullah
|
| Subjects: | |
| Online Access: |
http://repository.uinjkt.ac.id/dspace/handle/123456789/40439 |
Daftar Isi:
- Results of panel data analysis or regression indicate that simultaneously JCI, foreign exchange, crude oil price, and real interest affect the stock price of mergers and acquisitions companies. While the partially variable affecting the stock price is JCI and forex while the crude oil price and real interest partially not affect the stock price. Comparative test result indicate an abnormal return difference before and after mergers and acquisition with the tendency of abnormal return decreased after. This means that the Indonesia capital market is semi-strong form efficient.