PENGARUH STOCK SPLIT TERHADAP BID-ASK SPREAD SEBAGAI INDIKATOR PENILAIAN LIKUIDITAS SAHAM PERUSAHAAN-PERUSAHAAN YANG TERDAFTAR PADA BURSA EFEK JAKARTA

Main Authors: Saftiana, Yulia, Rahmidiansari, Rahmidiansari
Format: Article NonPeerReviewed application/pdf
Terbitan: Badan Penerbit Fakultas Ekonomi Universitas Sriwijaya , 2008
Subjects:
Online Access: http://eprints.unsri.ac.id/2508/1/cover.pdf
http://eprints.unsri.ac.id/2508/2/Article5.pdf
http://eprints.unsri.ac.id/2508/
Daftar Isi:
  • Stock Splits is one of the corporate action exercised emtiten to attract potential investor and investor attention so their stock liquidity increasse. Previous research shows several result. This researchis aim to test effect stock split to the bid-ask spread (average before the announcement stock split compare to the after) as a indicator the value of stock liquidity. Sample in this research was classified based on area of the bussines ,company experience with the stock split and year announcement of stock split. Overall,this result that stock split did not affect to the bid-ask spread,eventhough if it look at from company experience,stock split has significant affect to the bid-ask spread