PENGARUH TRADING VOLUME, MARKET VALUE, DAN RETURN VARIANCE PADA BID-ASK SPREAD

  • I Gusti Ayu Mas Widhyawati
  • I Gusti Ayu Eka Damayanthi Fakultas Ekonomi Dan Bisnis Universitas Udayana, Bali, Indonesia

Abstract

The purpose of this study was to examine the effect of trading volume, market value, and return variance on bid-ask spread value in the stock split corporate. The sample of this study used purposive sampling method and consisted of 28 companies in 2010-2013. This study used double linier regression to analyze. The empirical results of the study show that trading volume has negative effectsignificantly on bid-ask spread. This showed that the higher of stock traded, the value of the bid-ask spread would be even lower. Market value had significant negative effect on bid-ask spread. This showed that the higher of closing price, bid-ask spread’s value would be even lower. Return variance had no effect on bid –ask spread. This showed that the higher of stock risk, the value of bid-ask spread would not be even higher.

Downloads

Download data is not yet available.
Published
2015-03-19
How to Cite
MAS WIDHYAWATI, I Gusti Ayu; EKA DAMAYANTHI, I Gusti Ayu. PENGARUH TRADING VOLUME, MARKET VALUE, DAN RETURN VARIANCE PADA BID-ASK SPREAD. E-Jurnal Akuntansi, [S.l.], v. 10, n. 3, p. 763-777, mar. 2015. ISSN 2302-8556. Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/10307>. Date accessed: 21 nov. 2024.
Section
Articles

Keywords

bid-ask spread, trading volume, market value, return variance, stock split