PENGARUH VOLUME PERDAGANGAN SAHAM DAN ABNORMAL RETURN SAHAM TERHADAP BID-ASK SPREAD SEBELUM DAN SESUDAH PERISTIWA PENGUMUMAN STOCK SPLIT

HANDAYANI NINGRUM, . (2011) PENGARUH VOLUME PERDAGANGAN SAHAM DAN ABNORMAL RETURN SAHAM TERHADAP BID-ASK SPREAD SEBELUM DAN SESUDAH PERISTIWA PENGUMUMAN STOCK SPLIT. Sarjana thesis, UNIVERSITAS NEGERI JAKARTA.

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Abstract

This study aimed to see whether variables such as stock trading volume and abnormal return effect on bid-ask spread at the time of stock split announcement and this study also aimed to determine the effect of stock splits on bid-ask spread. This study used samples of 32 companies known to do a stock split in the Indonesian Stock Exchange in the year 2006-2008. The data in this study originated from ISMD (Indonesian Securities Market Database). The research was done 5 days before until 5 days after the stock split announcement. Multiple regression analysis used to test the effect of trading volume and abnormal return of the bid-ask spread. In addition, this study used analysis of paired sample t-test to see the difference in bid-ask spread before and after the stock split announcement. The results showed that the volume of trade has a significant influence on the bid-ask spread before and after the stock split. Meanwhile, for the abnormal return does not affect the bid-ask before the stock split, and take effect when the stock split. Other results showed that simultaneously stock trading volume and abnormal stock return effect on bid-ask spread before and after the stock split event. The results also show that there is a difference between the bid�ask spread before and after stock split

Item Type: Thesis (Sarjana)
Additional Information: 1) Rida Prihatni, SE,Akt,M.Si 2) Tresno Ekajaya, SE,M.AK
Subjects: Ilmu Sosial > Perdagangan > Akuntansi
Divisions: FE > S1 Akuntansi
Depositing User: sawung yudo
Date Deposited: 30 Jun 2022 05:01
Last Modified: 30 Jun 2022 05:01
URI: http://repository.unj.ac.id/id/eprint/31132

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