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) |
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Additional Information: | 1) Rida Prihatni, SE,Akt,M.Si 2) Tresno Ekajaya, SE,M.AK |
Subjects: | Ilmu Sosial > Perdagangan, e-commerce > 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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