Dampak Pemecahan Saham Terhadap Likuiditas dan Abnormal Return di Bursa Efek Indonesia

  • Ni Putu Devi Anggarini Fakultas Ekonomi dan Bisnis Universitas Udayana
  • Ni Luh Putu Wiagustini Fakultas Ekonomi dan Bisnis Universitas Udayana

Abstract

The purpose of this study was to determine the significance of differences in abnormal trading volume and abnormal returns before and after stock split.This study took 44 samples were split shares and listed on the Indonesia Stock Exchange in the period 2010-2013 using census method.Data analysis technique used was Wilcoxon Signed Ranks Test and Paired Sample T-Test with a window period during the 11 day event.The results showed that there were no significant differences in trading volume and abnormal returns before and after stock split.Results of this test indicate that the market didnot react to the events of stock split.

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Published
2015-03-12
How to Cite
ANGGARINI, Ni Putu Devi; WIAGUSTINI, Ni Luh Putu. Dampak Pemecahan Saham Terhadap Likuiditas dan Abnormal Return di Bursa Efek Indonesia. E-Jurnal Manajemen, [S.l.], v. 4, n. 3, mar. 2015. ISSN 2302-8912. Available at: <https://ojs.unud.ac.id/index.php/Manajemen/article/view/11369>. Date accessed: 25 jan. 2021.
Section
Articles

Keywords

stock split, liquidity, abnormal return

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