The Impact of Stock Split on the Performance in Indonesian Manufacturing Companies

Autor:	natali yustisia
Jazyk:	angličtina
Rok vydání:	2018
Předmět:	stock split trading volume activity bid-ask spread abnormal returnstock split trading volume activity bid-ask spread abnormal return manufacture performance Social Sciences Commerce HF1-6182 Business HF5001-6182
Zdroj:	Binus Business Review, Vol 9, Iss 1, Pp 39-46 (2018)
Druh dokumentu:	article
ISSN:	2087-1228 2476-9053
DOI:	10.21512/bbr.v9i1.3790
Popis:	The purpose of this research was to analyze whether the stock split had an impact on liquidity and return stock in 18 manufacturing companies listed on the Indonesia Stock Exchange (BEI) from 2012 to 2015. The stock performance used in this research was trading volume activity, bid-ask spread, and abnormal return in five days before and five days after the stock split. Data analysis method used was quantitative method by using SPSS 21 with the Kolmogorov-Smirnov normality test, paired sample t-test, and Wilcoxon test. The findings indicate that stock split does not affect the trading volume activity, bid-ask spread, and abnormal return.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/16f16162a57f466dacf261b881a897fe Zobrazit plný text záznamu View record in DOAJ