Path: Top Journal Jurnal_Keuangan_dan_Perbankan 2010

Reaksi pasar modal Indonesia seputar pemilihan umum 8 Juli 2009 pada saham LQ-45

Jurnal Keuangan dan Perbankan, Volume 4, Nomor 2, Mei 2010
Journal from JIPTUNMERPP / 2011-12-20 06:23:02
Oleh : Suryo Luhur, Diploma 3 of Finance and Banking Merdeka University Malang (jurkubank@yahoo.com)
Dibuat : 2010-05-01, dengan 0 file

Keyword : Event study, domestic political events, abnormal return, trading volume activity

This research used event study methodology, to investigate the stock price reaction to domestic political events, Indonesian presidential and vice election on July 8th, 2009 on stock of LQ-45 category listed in BEI. Data analysis used one sample t-test and paired samples t-test. The result of the analysis revealed that abnormal returns were: (1) not significantly different before and after presidential election announcement, (2) Significantly negative on day t-5, t-4, to, and t+7 and significantly positive on t-10 and t+7 3, (3) Not Significantly different on day 0 Trading Volume Activity before and after presidential election announcement. This results reported here indicated that Indonesian Capital Market was little sensitive to political events.

Deskripsi Alternatif :

This research used event study methodology, to investigate the stock price reaction to domestic political events, Indonesian presidential and vice election on July 8th, 2009 on stock of LQ-45 category listed in BEI. Data analysis used one sample t-test and paired samples t-test. The result of the analysis revealed that abnormal returns were: (1) not significantly different before and after presidential election announcement, (2) Significantly negative on day t-5, t-4, to, and t+7 and significantly positive on t-10 and t+7 3, (3) Not Significantly different on day 0 Trading Volume Activity before and after presidential election announcement. This results reported here indicated that Indonesian Capital Market was little sensitive to political events.

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PropertiNilai Properti
ID PublisherJIPTUNMERPP
OrganisasiDiploma 3 of Finance and Banking Merdeka University Malang
Nama KontakDra. Wiwik Supriyanti, SS
AlamatJl. Terusan Halimun 11 B
KotaMalang
DaerahJawa Timur
NegaraIndonesia
Telepon0341-563504
Fax0341-563504
E-mail Administratorperpus@unmer.ac.id
E-mail CKOwsupriyanti@yahoo.com

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  • Editor: Wiwik Supriyanti, Dra. SS.