Pengaruh Pengumuman Right Issue Terhadap Tingkat Keuntungan Dan Likuiditas Saham di Bursa Efek Indonesia

Nugraha, Ardi and Daud, Rochmawati (2013) Pengaruh Pengumuman Right Issue Terhadap Tingkat Keuntungan Dan Likuiditas Saham di Bursa Efek Indonesia. Evaluasi Atas Optimalisasi Kontribusi Pendapatan Asli (PAD) Terhadap Pendapatan Daerah (PATDA) di Dinas Pendapatan Daerah Provinsi Sumatera Selaran, 11 (21). pp. 67-82.

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Abstract

Announcement of right issue is information in order to investor to take decision in selling or buying stock. The objectives of this study are to give empirical evidence about the influences of right issue announcement to rate of return and stock liquidity in Indonesia Stock Exchange. The samples of this research consist of 12 companies that do the right issue announcement in Indonesia Stock during in 2006. Market model is used to estimate abnormal return and Trading Volume Activity (TVA). The data are analyzed using t-statistic. This study proofed that market will respond to the announcement right issue only at the day before announcement. the result of this research indicated that there are no different among date of return and stock liquidity before and after the date of the right issue announcement.

Item Type:	Article
Uncontrolled Keywords:	Right issue, abnormal return, trading volume activity, market model
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory > HB1-3840 Economic theory. Demography H Social Sciences > HC Economic History and Conditions > HC10-1085 Economic history and conditions
Divisions:	01-Faculty of Economics > 62201-Accounting (S1)
Depositing User:	backup admin
Date Deposited:	28 Jan 2020 02:25
Last Modified:	28 Jan 2020 02:25
URI:	http://repository.unsri.ac.id/id/eprint/25217

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