STOCK PRICE DIFFERENCE BEFORE AND AFTER THE SPLIT STOCK ANNOUNCEMENT ON LISTING COMPANY IN INDONESIA STOCK EXCHANGE PERIOD 2008-2013

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Published Sep 30, 2017

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Indra Saputra
STIE Nasional Banjarmasin

Abstract

Abstract,
The purpose of this research was to found whether there are differences in stock prices 7 days before and 7 days after the announcement of stock split within 33 company which registered in Indonesia Stock Echange in the period 2008-2013. The Method in this research is Paired Sample T-Test using SPSS version 16.00 for Window. The results of this research found difference between the stock price before and after the date of the announcement of stock split.
The results can be see from the calculation of statistical test or t test that shows the value of t arithmetic to test the hypothesis of 3.670 with the results of the significance of 0.001 which is less than 5% or 0.05 so that we can conclude the hypothesis H1, which states that there are differences significantly between the share price before the announcement after the stock split and stock split is acceptable.

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How to Cite
Saputra, I. (2017). STOCK PRICE DIFFERENCE BEFORE AND AFTER THE SPLIT STOCK ANNOUNCEMENT ON LISTING COMPANY IN INDONESIA STOCK EXCHANGE PERIOD 2008-2013. Dinamika Ekonomi: Jurnal Ekonomi Dan Bisnis, 10(1), 14-26. Retrieved from https://stienas-ypb.ac.id/jurnal/index.php/jdeb/article/view/9
Issue
Vol 10 No 1 (2017): DINAMIKA EKONOMI Jurnal Ekonomi dan Bisnis Vol.10 No.1 March 2017
Section
Articles

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