ANALISIS PERBANDINGAN HARGA SAHAM, LIKUIDITAS SAHAM, DAN RETURN SAHAM SEBELUM DAN SESUDAH PERISTIWA STOCK SPLIT PADA PERUSAHAAN GO PUBLIC YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2010 – 2014
Daftar Isi:
- ABSTRACT Henry Christopher Ivan Montolalu, 2016; Analysis Comparation of Stock’s Price, Stock’s Liquidity, and Stock’s Return Between Before and After Stock Split in Go Public Companies which Listed at Indonesia Stock Exchange in 2010- 2014 period. The purpose of this research was to analyze the comparation in stock’s price, stock’s liquidity, stock’s return wether before and after a stock split on go public companies thich listed at Bursa Efek Indonesia in 2010-2014 period. Sample that has been used in this research were 34 companies which only stated a stock split decision during research window for 10 days of study, whereas 5 days before and 5 days after a company made a stock split decision. The method in this research was an event study research by calculated using paired sample t- test if the data distributed normally, and wilcoxon signed rank test if the wasn’t distributed normally. The result of this research showed that 1) There is a difference in stock’s price between before and after a company made a stock split decision, 2) There wasn’t any difference in stock’s liquidity between before and after a company made a stock split decision, and 3) there wasn’t any difference in stock’s return between before and after a company made a stock split decision. Keywords: Stock’s Price, Stock’s Liquidity, Stock’s Return, Stock Split, Event Study, Indonesia Stock Exchange