PENGARUH STOCK SPLIT TERHADAP PERUBAHAN HARGA SAHAM, LIKUIDITAS SAHAM, DAN RETURN SAHAM PERUSAHAAN DI BURSA EFEK INDONESIA
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Institusion

Universitas Sriwijaya

Author

Isnurhadi Isnurhadi (LECTURER ID : 0012116202)
Umar Hamdan AJ (LECTURER ID : 0009075002)

Subject

HG4501-6051 Investment, capital formation, speculation 

Datestamp

2019-09-30 05:01:42 

Abstract :
This study aims the impact of stock split announcement on stock price, stock liquidity, and stock return in companies in Indonesia Stock Exchange in 2015-201 7. The stock liquidity in this srudy can be known rhrough the Trading volume activity, whereas the stock return can be known trough the abnormal return. A type of research used in this study is a quantitative approach by using event study. The criteria for sampling used is purposive sampling, in accordance with prefetermined criteria that there are 24 companies sample.The result showed that there are no significant differences on stock price and trading volume activity before and after stock split, it means that stock price and trading volume activity do not increase significantly after srock split announcement. On abnormal return /here is significant differences before and after stock split, bur the differences showed that abnormal return decrease after stock split announcement. 

File :
RAMA_61201_01011281520223_0012116202_0009075002_01_front_ref.pdf
RAMA_61201_01011281520223_0012116202_0009075002_02.pdf
RAMA_61201_01011281520223_0012116202_0009075002_03.pdf
RAMA_61201_01011281520223_0012116202_0009075002_04.pdf
RAMA_61201_01011281520223_0012116202_0009075002_05.pdf
RAMA_61201_01011281520223_0012116202_0009075002_06_ref.pdf
RAMA_61201_01011281520223_0012116202_0009075002_07_lamp.pdf