Analisis Perbedaan Harga, Volume Perdagangan Dan Abnormal Return Saham Sebelum Dan Sesudah Pengumuman Buy Back (Studi Pada Perusahaan Go-Public Yang Terdaftar Di Bursa Efek Indonesia)
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Institusion

Universitas Katolik Musi Charitas

Author

Ni, Kok Ha

Subject

H Social Sciences (General) 

Datestamp

2023-12-15 12:34:03 

Abstract :
This study aims to analyze the significant difference the average stock prices, the average trading volume activity and the average abnormal return before and after the buy back announcement under the regulation of Bapepam-LK No. XI.B.2 and XI.B.3 on the buy back procedure. Population in this research are all companies listed in Indonesia Stock Exchange during 2008-2012. This study uses samples of selected companies that had doing buy back procedure during estimate period. By using purposive sampling method, the obtained samples are 28 companies listed in Indonesia Stock Exchange. This study uses event study method with 10 days windows period, that 5 days before and 5 days after buy back announcement. Data analysis techniques in this study by Software SPSS ver. 16 which consists of a test for normality using the Kolmogorov-Smirnov One Sample Test, descriptive statistics and hypothesis testing with Paired Sample T-Test. The result of this study shows that there is a significant difference between the average stock prices before and after buy back announcement, but there is no significant difference between the average trading volume activity and the average abnormal return before and after buy back announcement. 

File :
EA-2014-101427-cover.pdf
EA-2014-101427-abstract.pdf
EA-2014-101427-complete.pdf
EA-2014-101427-summary_id.pdf
EA-2014-101427-tableofcontent.pdf
EA-2014-101427-chapter1.pdf
EA-2014-101427-chapter2.pdf
EA-2014-101427-chapter3.pdf
EA-2014-101427-chapter4.pdf
EA-2014-101427-conclusion.pdf
EA-2014-101427-reference.pdf
EA-2014-101427-attachment.pdf