PENGARUH PEMBERIAN ANNUAL REPORT AWARD (ARA) TERHADAP REAKSI INVESTOR (Studi Empiris Pada Perusahaan yang Terdaftar di Bursa Efek Indonesia)
| Main Author: | KURNIAWAN, HARI TRI |
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| Format: | Thesis NonPeerReviewed |
| Terbitan: |
, 2013
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| Subjects: | |
| Online Access: |
http://eprints.umm.ac.id/14777/ |
Daftar Isi:
- Along with the more modern era of globalization, there is a variety of competitions in various ways. One of them raised competition among big companies in Indonesia. In connection with the competition came a tribute to compare a competent company that ARA (Annual Report Award) that the presence of ARA, may be known to influence investors' stock prices before and after the ARA in the selection of a competent company. Companies that want to know the stock price based on before and after the announcement of the ARA, which the company is a company that became the overall champion in 2006 and 2010. The company is PT. Medco Energy Tbk (general Champion 2006), PT. Telecommunications Indonesia Tbk (general champion in 2007), PT. Bank Permata Tbk (general Champion 2008), PT Perusahaan Gas Negara Tbk (general champions 2009), PT. Bank Tabungan Negara Tbk (2010). Based on the results of the study indicate that there are significant differences in stock prices before and after the announcement of the ARA, particularly on the company ARA Champion 2006 - 2010 which means that the announcement ARA significantly influence investor reaction to the company. So investors will tend to choose the winning companies ARA in planting stock.