Article Per Year (5 Year)
p-Index From 2021 - 2026
0.444
P-Index
This Author published in this journals
All Journal Jurnal Dinamika Ekonomi dan Bisnis Jurnal Simki Economic
Murharsito Murharsito
Universitas Islam Nahdlatul Ulama Jepara
Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Pengaruh Pengumuman PPKM Darurat terhadap Harga dan Return Saham Perbankan Murharsito Murharsito
Jurnal Dinamika Ekonomi & Bisnis Vol 18, No 2 (2021)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jdeb.v18i2.2365

Abstract

The massive transmission of the second wave pandemic of Covid-19 in Indonesia in June 2021 caused the Government to take a decision to impose an Emergency Java-Bali Community Activity Restriction (PPKM) aimed to minimize the effect of its spread. By using an event study, the objective of this article is to analyze the impact of announcement of public restrictions on the price and returns of stocks of the 5 largest banks in Indonesia, namely BCA, BNI, BRI, BTN, and MANDIRI. The analytical technique used was the paired sample T test and the Wilcoxon Signed Ranks Test. The results reveal that neither stock prices nor stock returns indicated a difference in the 5 days before and after the date of the announcement of the emergency PPKM. This shows that the announcement does not contain relevant information for investors. This may be because investors have made adjustments due to the effect of the pandemic Covid-19 in the initial phase of the corona outbreak in Indonesia.
MUI Boycott Fatwa and Companies Clarification Effect on Affiliated Stocks Price in Indonesia Stock Exchange Murharsito Murharsito; Fitri Ella Fauziah
Jurnal Simki Economic Vol 8 No 1 (2025): Volume 8 Nomor 1 Tahun 2025
Publisher : Universitas Nusantara PGRI Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29407/jse.v8i1.898

Abstract

The Israel attacks on Gaza that cause massive civilian victims has raised concerned from people arround the world. In Indonesia, Majelis Ulama Indonesia (MUI) issued a fatwa of boycotting israel related products as a punishment for Israel. This research would like to investigate the effect of the MUI fatwa announcement as well as allegedly affiliated companies’ clarification. The research seeks to test whether there is a difference in the company's share price before and after those announcements with a time window of 7 days and 30 days. The company studied was PT. Unilever Indonesia Tbk, PT. FastFood Indonesia Tbk, PT. Map of Boga Adi Perkasa Tbk. This research uses a paired sample t-test as an analysis tool. The findings of this research include that there was a difference in share prices 30 days before and after the MUI fatwa, but there was no difference in share prices 7 days before and after the MUI fatwa, as well as 7 days and 30 days before and after the clarification.
Co-Authors Fitri Ella Fauziah