PENGARUH PERISTIWA PEMILU LEGISLATIF 2014 TERHADAP PEROLEHAN ABNORMAL RETURN SAHAM LQ 45 DI BURSA EFEK INDONESIA

  • I Made Dwi Mahaputra Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia
  • Ida Bagus Anom Purbawangsa Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia

Abstract

This study analyzed the difference of abnormal return and whether the content of the information contained in the LQ - 45 before and after the events would legislative elections in 2014 on April 2 to 16 2014. This study used event study, carried out observations of the average abnormal return for 5 days prior to the event date, and 5 days after the legislative elections of 2014. The data used in this study include the daily closing stock price, stock index . Expected return using a model adapted to the market. The samples used are stocks that are included in the list of LQ - 45 in Indonesia Stock Exchange. Based on the analysis of paired samples t - test showed results that there is no significant difference in abnormal returns before and after the announcement of the 2014 legislative elections events.

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Published
2015-05-12
How to Cite
MAHAPUTRA, I Made Dwi; PURBAWANGSA, Ida Bagus Anom. PENGARUH PERISTIWA PEMILU LEGISLATIF 2014 TERHADAP PEROLEHAN ABNORMAL RETURN SAHAM LQ 45 DI BURSA EFEK INDONESIA. E-Jurnal Manajemen, [S.l.], v. 4, n. 5, may 2015. ISSN 2302-8912. Available at: <https://ojs.unud.ac.id/index.php/Manajemen/article/view/11819>. Date accessed: 11 aug. 2022.
Section
Articles

Keywords

Abnormal Return, Market Reaction