Moch. Ali Fudin Al Islami and Imron Mawardi (2019) Analisis Reaksi Pasar Terhadap Pengumuman Right Issue (Studi Kasus Pada Saham Yang Terdaftar Di ISSI). Jurnal Ekonomi Syariah Teori dan Terapan, 6 (6). pp. 1101-1113. ISSN 2407-1935, eISSN: 2502-1508

	Text (Artikel) Imron Mawardi_Karil 30_ANALISIS REAKSI PASAR.pdf Download (713kB)
	Text (Peer Review) Imron Mawardi_Peer Review030.pdf Download (1MB)

Abstract

This research aims to find out and explain market reaction caused by existing action corporate advertisement which is the right issue done by the issuer who was listed in Indonesia Sharia Stock Index period 2014-2016.There are 20 issuers who become the research sample with the period of observation is 29 days. The approach used in this research is quantitative approach by using event study method which is the approach that is specialized to analyze a particular event that is believed to have an impact or reaction. The focus of the research is to see the reaction shown by the change of Average Abnormal Return and Trading Volume Activity using one sample t-test and paired sample t-test. Data processing used a statistical tool of Stata version 14 by determining level of significance of 5%.The results of the research show that there is a significant average abnormal return before and after the right issue and there is a significant difference in trading volume activity before and after the right issue.

Actions (login required)

View Item