Abstract :
This paper discussed the phenomenon of window dressing in stock
exchange LQ45 index. The population in this study is a company in the
Indonesian stock exchange incorporated in LQ45 index. Sampling was done by
purposive sampling method, where the company sampled based on certain
criteria. Research samples obtained are as many as 23 companies. The aim of this
research was to determine whether there is the phenomenon of window dressing,
in a company incorporated in LQ45. Based on the results of hypothesis testing
using t-test, stock returns LQ45 index in December is always positive. This
suggests that H1 is accepted, that there is the phenomenon of window dressing in
the LQ45 index.
Keywords : Return Stocks, stock exchange LQ45 index, and Window Dressing