ANALISIS PENGARUH PEMECAHAN SAHAM TERHADAP ABNORMAL RETURN DAN ABNORMAL TRADING VOLUME ACTIVITY PADA PERUSAHAAN YANG TERCATAT DI BURSA EFEK INDONESIA

• المؤلفون الرئيسيون: , Karunia Lasria Magdalena, , Dr. Mamduh M. Hanafi, MBA.
• التنسيق: Theses and Dissertations NonPeerReviewed
• منشور في: [Yogyakarta] : Universitas Gadjah Mada 2013
• الموضوعات: ETD
• الوصول للمادة أونلاين: https://repository.ugm.ac.id/125602/; http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=65771

The purpose of this empirical research is to analyze abnormal return and abnormal trading volume activity, which positive and significant, around announcement of stock split decision at Annual General Meeting (AGM) and relationship between abnormal return and abnormal trading volume activity with split factor. Sample used in this research is listed company on Indonesian Stock Exchange and announced stock split decision at AGM in 2009-2012. Result of this research is no abnormal return and abnormal trading volume activity which positive and significant, surrounding announcement of stock split decision. So, this research isn�t consistent with signaling and liquidity hypothesis. Another result of this research is be found positive relationship with abnormal return and split factor, but not significant. While is be found negative and not significant with negative relationship abnormal trading volume activity and split factor.