REAKSI PASAR TERHADAP MUNCULNYA ISU WORLD WAR III (Studi Pada Perusahaan Lq-45 Di Bursa Efek Indonesia)
Abstract
This research is an event study that aims to examine the presence or absence of capital market reactions to the emergence of World War III issues on January 3, 2020. The sample used is companies listed on the LQ-45 index on the Indonesia Stock Exchange in the period November 2019 - January 2020 The observation period used is 11 days. This research was measured using indicators of abnormal return and trading volume activity , with one sample t-test and paired t-test analysis tools . Based on the results of the one sample t-test, apparently there was no market reaction around the events of the emergence of World War III issues . This is indicated by the absence of significant abnormal return values . Then based on the results of the paired t-test there are differences in average trading volume activity between before and after the emergence of World War III issues . This means that the emergence of the World War III issue is not a bad signal for investors.
Key words: Event Studies, Abnormal Return, Trading Volume Activity
Full Text:
PDF (Bahasa Indonesia)References
Adityaningrat, H. F. (2020). Reaksi Pasar Dari Pengumuman Rekapitulasi Nasional Hasil Perhitungan Suara. Skripsi. UPNVYK.
Hartono, J. (2017). Teori Portofolio dan Analisis Investasi. Yogyakarta: BPFE .
Jamaludin, G. M., & T.E., P. (2018). Analisis Komparatif Reaksi Asar Modal Indonesia Sebelum dan Sesudah Rekapitulasi Nasional Hasil Perhitungan Suara Pemilu Amerika Serikat 2016 (Event Study pada Indeks Saham LQ-45). Jurnal Riset Akuntansi, Vol.1, No.1 (2018):p.12-27.
Putri, T. H. (2019). Reaksi Pasar Saham di Bursa Efek Asean-5 Pada Peristiwa Kebijakan Kenaikan Tarif Impor Produk-produk China Oleh Amerika Serikat. Skripsi. Universitas Lampung.
Sugiyono. (2010). Metode Peneltian Pendidikan Pendekatan Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
Syaputra, K. (2016). Reaksi Pasar Saham di Beberapa Bursa Efek Asean Terhadap Peristiwa Britain to Exit (BREXIT) di Eropa (Event Study pada Indeks Saham Indonesia, Malaysia, Singapura, Filiphina, dan Thailand). Skripsi. Universitas Lampung.
Yulita, I. K. (2017). Reaksi Pasar Modal Terhadap Pengumuman Keputusan Investasi Raja Salman di Indonesia. Jurnal Penelitian, Vol. 21, No.1, hlm. 95-106.
https://lifepal.co.id. Media Jual Beli Saham di Tengah Rumor Perang Dunia III. Diakses Tanggal 13 April 2020.
DOI: https://doi.org/10.31315/jurnaladmbisnis.v19i1.10559
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Jurnal Administrasi Bisnis (JABis)
Jurnal Administrasi Bisnis (JABis) is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. (CC - BY - SA 4.0).