PENGARUH PERUBAHAN KOMPOSISI KEPEMILIKAN SAHAM SEBAGAI AKIBAT STOCK SPLIT TERHADAP LIKUIDITAS SAHAM
Journal Title: Jurnal Economia - Year 2018, Vol 14, Issue 1
Abstract
This study aimed to determine the effect of the stock split on stock trading by considering stock ownership proportion in companies listed in the Indonesian Stock Exchange (IDX). This study hypotesized that stock ownership proportion and its change in later date affected stock liquidity. The population of this study was companies in the Indonesia Stock Exchange. The samples were 48 companies which conducted stock split in 2010-2015. The sample was selected by purposive sampling method. Hypotesis was tested by using paired sampelled t-test and regression analysis. The study found that stock split indeed affected stock trading. Stock split significantly affected Cumulative Abnormal Return (CAR) and trading activity, compared to data before stock split occurred. However, the studi also found that stock ownership proportion and its changes in later date did not affect stock liquidity.
Authors and Affiliations
Nuri Lesmono Hidayah, Harits Noordin
Keywords
Related Articles
- EP ID EP334561
- DOI 10.21831/economia.v14i1.16226
- Views 133
- Downloads 0
PENGARUH PERUBAHAN KOMPOSISI KEPEMILIKAN SAHAM SEBAGAI AKIBAT STOCK SPLIT TERHADAP LIKUIDITAS SAHAM
This study aimed to determine the effect of the stock split on stock trading by considering stock ownership proportion in companies listed in the Indonesian Stock Exchange (IDX). This study hypotesized that stock ownersh...
TIPE KEPRIBADIAN, PENERIMAAN PERILAKU DISFUNGSIONAL DAN KEPUTUSAN AUDIT
Abstract: Type of Personality, Acceptance of Dysfunctional Behavior and Audit Judgment. This study aimed to describe the type of personality, acceptance of dysfunctional behavior toward audit judgment. This research was...
ANALISIS PENYELESAIAN TINDAK LANJUT HASIL PEMERIKSAAN AUDITOR INSPEKTORAT KABUPATEN SUMBAWA BARAT
Abstract: Settlement Analysis of Follow-up Results of the Examination of the Auditor West Sumbawa District Inspectorates. This research examined from the perspective of an auditee using a qualitative approach, case study...
ANALISIS FAKTOR-FAKTOR YANG BERPENGARUH PADA MINAT BERWIRAUSAHA MAHASISWA
Abstract: The Factors Affecting the Entrepreneurial Intention of College Students. The alternative to solve an unemployment problem is to empower the educated person through entrepreneurship programs at colleges that are...
INSTITUSIONALISASI SISTEM AKUNTABILITAS KINERJA INSTANSI PEMERINTAH DI PEMERINTAH KOTA MALANG
This study aimed to understand the institutionalization of Malang City Government’s SAKIP with accordance to Presidential Regulation No. 29/2014. This study found high commitment to support national development plan, and...