Abstract :
This study is intended to analyze market reaction on publication of Financial Statement. Population in this research is all the corporation listed in Indonesia Stock Exchange. This research used the purposive sampling method and 45 corporations from LQ-45 Index at 2014 as sample. The samples divided into two groups. Samples for the first group consist of 19 corporations and the second group consist of 26 corporations. For analysis, this research used One Sample T-test (for norma data) and Wilcoxon Signed Rank T-test (for abnormal data). The results of this research indicate that there is a reaction on publication of Financial Statement for both high growth of earning per share group and low growth of earning per share.