Analysis of the Impact of using Syariah Bonds (Sukuk) and Conventional Bonds on Stock Returns for Investors in Indonesia: Study of Manufacturing Companies Listed on the IDX in the year 2015-2017

Autor:	I. Dian Rahmawati, N. Qudus. Sn, R. Dian Pertiwi
Rok vydání:	2021
Předmět:	History Bond Financial system Business Sukuk Stock (geology) Computer Science Applications Education
Zdroj:	Journal of Physics: Conference Series. 1764:012052
ISSN:	1742-6596 1742-6588
Popis:	The stock market is an integral part of economic activity in many countries. One of the stock market types is financial obligations. In Indonesia has developed two types of financial obligations are Sharia-based obligations called Sukuk, and non-Sharia ones called conventional obligation. This study aims to analyze the impact of Sukuk and conventional obligation issuance on stock returns. The company under review is a company that issues obligation. The study uses event studies to see the reaction of the stock market to the event of issuance of Sukuk and conventional obligation. The results of the study show that Sukuk and conventional obligation affect stock returns.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::ec057de873e8063740129d21cbf2d433 https://doi.org/10.1088/1742-6596/1764/1/012052 Zobrazit plný text záznamu