REAKSI PASAR MODAL SEBELUM, SAAT DAN SESUDAH PEMILIHAN GUBERNUR, BUPATI DAN WALIKOTA TANGGAL 27 JUNI 2018 TERHADAP ABNORMAL RETURN SAHAM YANG TERDAFTAR DI INDEX MNC36 (Studi Empiris Pada Index MNC36 Yang Terdaftar Di Bursa Efek Indonesia)
Jurnal Ilmiah Riset Akuntansi
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Title |
REAKSI PASAR MODAL SEBELUM, SAAT DAN SESUDAH PEMILIHAN GUBERNUR, BUPATI DAN WALIKOTA TANGGAL 27 JUNI 2018 TERHADAP ABNORMAL RETURN SAHAM YANG TERDAFTAR DI INDEX MNC36 (Studi Empiris Pada Index MNC36 Yang Terdaftar Di Bursa Efek Indonesia)
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Creator |
Yunifar, Karismawan
Askandar, Noor Shodiq Junaidi, Junaidi |
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Description |
ABSTRACT The purpose of this study is to analyze the selection of governors, regents and mayors on June 27, 2018, which is indicated by the presence or absence of abnormal returns. The population used in this study is the stock index registered MNC36 on the IDX. The sampling technique is done by purposive sampling method. This study uses event studies so that the observation period will see reactions before, during and after the event. In this research period, H-5 (before the event), H = 0 (during the event) and H + 5 (after the event) are used. The data used in this study are secondary data, such as adjusted stock closing prices and closing prices of the JCI. Data in the form of daily stock prices. Data were then calculated and analyzed using sample paired t-test analysis methods. The results of AAR research pre event-event day probability values are 0.164, AAR event day-post day probability values are 0.052 and AAR pre event -post event the probability value is 0.483. From these results it shows that when viewed from an abnormal return on average (AAR) it does not show a difference between before, during and after the event.Keywords: Average Abnormal Return, Event Study, the selection of governors, regents and mayors on June 27, 2018
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Publisher |
Jurnal Ilmiah Riset Akuntansi
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Contributor |
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Date |
2019-07-29
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://riset.unisma.ac.id/index.php/jra/article/view/4073
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Source |
Jurnal Ilmiah Riset Akuntansi; Vol 8, No 05 (2019): e_Jurnal Ilmiah Riset Akuntansi Agustus 2019
2302-7061 |
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Language |
eng
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Relation |
http://riset.unisma.ac.id/index.php/jra/article/view/4073/3547
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Rights |
Copyright (c) 2019 Jurnal Ilmiah Riset Akuntansi
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