International Journal of Scientific and Research Publications

Home
About Us
Editorial Board

Online Publication

Review Process
Publication Ethics

Call For Papers

Call for Research Paper

Authors

Online Submission
Paper Submission Guidelines
Online Publication Charge
Print Publication Charge
How to publish research paper
Publication Certificate
Research Catalogue
Resources
FAQs

Reviewer

Join Reviewer Panel
Reviewer Guidelines

IJSRP Publications

E-Journal
Print Journal

Downloads

IJSRP Paper Format
Instructions

Contact Us

Feedback Form
Contact Us
Site Map

IJSRP, Volume 7, Issue 11, November 2017 Edition [ISSN 2250-3153]



      Sasi Agustin, BambangHadiSantoso, AlfianDodyFirmansyah

Abstract: This study aims to determine whether there are differences in trading-volume activity and abnormal return before and after stock split event. The population in this study is 40 companies with a sample consisting of 23 companies listed on the Indonesia Stock Exchange period 2010-2014. The data used in this study include the date of stock split announcement that is used as event date, daily closing stock price of the company that performs stock split in observation period, Daily Joint Stock Price Index (IHSG) daily, number of stocks traded daily and number of stocks outstanding or listed. The results showed that there was no significant difference in trading activity volume and abnormal return before and after the event. This indicates that investors in Indonesia have not anticipated rapidly the information it receives in the capital market and may even be an investor assumes that stock split events are not good news. In addition, investors and issuers need to pay attention to external factors such as economic factors, political instability, and market conditions because it will indirectly affect the activities of the capital market.

[Reference this Paper]   [BACK]

Ooops! It appears you don't have a PDF plugin for this barrPostingser. you can click here to download the PDF file.

Reference this Research Paper (copy & paste below code):

Sasi Agustin, BambangHadiSantoso, AlfianDodyFirmansyah (2017); Comparative Analysis of Trading-Volume Activity and Abnormal Return Before and After Stock Split; Int J Sci Res Publ 7(11) (ISSN: 2250-3153). http://www.ijsrp.org/research-paper-1117.php?rp=P716963

IJSRP PUBLICATIONS

Home

About Us
Editorial Board
Call for Paper

Call for Research Paper
Paper Status
IJSRP Paper Format
Join Us

Download e-journal
Join Forum
Invite Friends
Subscribe
Get Social with Us!



Copyright © 2011-2020, IJSRP Inc., All rights reserved.