PENGUJIAN KANDUNGAN INFORMASI PADA PENGUMUMAN PEMECAHAN SAHAM DI INDONESIA

  • Ketut Sonya Adnyani Fakultas Ekonomi dan Bisnis Universitas Udayana, Denpasar, Bali
  • IGAM Asri Dwija Putri Fakultas Ekonomi dan Bisnis Universitas Udayana, Denpasar, Bali

Abstract

This research aims to find out an empirical evidence about the market reaction of stock split as measured by the difference of abnormal return on companies that listed in Indonesian Stock Exchange. There were 38 companies that has done the stock split. Secondary data were used for this research with sampel selection using a purposive sampling method. Technical analysis used for different test is wilcoxon signed ranks test at level of significant five percent. This is an 11-day observation period. That data normality was tested by kolmogorov smirnov. The results of this study showed that were no significant differences of abnormal return before and after stock split.

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Published
2015-01-14
How to Cite
ADNYANI, Ketut Sonya; PUTRI, IGAM Asri Dwija. PENGUJIAN KANDUNGAN INFORMASI PADA PENGUMUMAN PEMECAHAN SAHAM DI INDONESIA. E-Jurnal Akuntansi, [S.l.], v. 10, n. 1, p. 63-77, jan. 2015. ISSN 2302-8556. Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/9882>. Date accessed: 21 nov. 2024.
Section
Articles

Keywords

stock split, abnormal return, market reaction