ANALISIS PENGARUH STOCK SPLIT TERHADAP ABNORMAL RETURN DAN AKTIVITAS VOLUME PERDAGANGAN SAHAM (Studi Empiris Pada Perusahaan Go Public di BEJ)

ARIFIANTO ARIFIANTO

Abstract


Information play a part important to commerce transaction in capital market. All perpetrator in capital market very is requiring of information able to influence to fluctuate marketable securities price him. Information relate to decision making done by all investor to chosen efficient invesment portofolio. One of existing information is announcement of resolving of share (stock of split).
This research aim to to know the existence of price change and of likuiditas caused by share event of stock of split, and to know the existence of difference of and price of likuiditas share before and after stock of split. Research done to overall of company of public go which enlist in BEJ doing policy of stock of split during year 2001-2005.
Result of research indicate that event of stock of split cause the existence of is abnormal of share return around date of announcement as well as causing the existence of change to share likuiditas around date of announcement. This research fail to find fact is existence of difference of abnormal cumulative of return (Company CAR) before and after event of stock of split. Research also fail to find the existence of difference of share likuiditas before and after event of stock of split.

 

Keyword : stock split, harga saham, trading volume activity (TVA)

 

Link Terkait : http://skripsi.umm.ac.id/files/disk1/246/jiptummpp-gdl-s1-2008-arifianto0-12281-PENDAHUL-N.pdf


Keywords


stock split; harga saham; trading volume activity (TVA)