PERBEDAAN VOLUME PERDAGANGAN SAHAM DAN VARIABILITAS TINGKAT KEUNTUNGAN SAHAM SEBELUM DAN SETELAH AKUISISI PADA PERUSAHAAN YANG LISTING DI BURSA EFEK JAKARTA

Megasari, Riris (2007) PERBEDAAN VOLUME PERDAGANGAN SAHAM DAN VARIABILITAS TINGKAT KEUNTUNGAN SAHAM SEBELUM DAN SETELAH AKUISISI PADA PERUSAHAAN YANG LISTING DI BURSA EFEK JAKARTA. Other thesis, University of Muhammadiyah Malang.

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PERBEDAAN_VOLUME_PERDAGANGAN_SAHAM_DAN_VARIABILITASTINGKAT_KEUNTUNGAN_SAHAM_SEBELUM_DAN_SETELAH_AKUISISIPADA_PERUSAHAAN_YANG_LISTINGDI_BURSA_EFEK_JAKARTA.pdf

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Abstract

This study aims to determine the extent to which differences in the volume of stock trading (Trading Volume Activity) and the variability of the level of profit share (Security Return variability) that occurred in the Jakarta Stock Exchange (JSX) before and after the acquisition. This research was carried out on companies that make acquisitions in the JSE in 2000 until 2002. The research sample a total of 11 companies with the research period 5 days before and 5 days after the acquisition. The research method used is event study with secondary data that is research based on data that already exists on the Jakarta Stock Exchange include the number of shares traded, number of shares outstanding, Composite Stock Price Index (CSPI), individual stock prices firm during the study period, data acquisition, and Interest Rates Bank Indonesia. This study using Kolmogorov-Smirnov test to determine normality of data. Test of paired sample t-test to determine the results of research and Wilcoxon Signed Ranks test. The results for the volume of stock trading in general showed no differences in the level of trading volume of 5 days before and 5 days after the acquisition. While the results of research on the variability rate of return of shares in general also showed no difference in the variability of rates of return 5 days before and 5 days after the acquisition. In conclusion, there is no difference in trading volume and variability of rates of return 5 days before and 5 days after the announcement of the acquisition.

Item Type: Thesis (Other)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economic > Department of Accounting
Depositing User: Zainul Afandi
Date Deposited: 23 Jun 2012 07:36
Last Modified: 23 Jun 2012 07:36
URI: http://eprints.umm.ac.id/id/eprint/9286

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