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Dampak Pengumuman COVID-19 terhadap IHSG, Harga Saham, Abnormal Return dan Trading Volume Activity di Sektor Transportasi (Analisis Peristiwa di BEI 2019-2020) Grenda Evi Kartikasari; Anita Carolina; Citra Lutfia
Jurnal Manajemen Stratejik dan Simulasi Bisnis Vol 4 No 2 (2023): Jurnal Manajemen Stratejik dan Simulasi Bisnis
Publisher : Fakultas Ekonomi Universitas Andalas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25077/mssb.4.2.82-95.2023

Abstract

In order to determine how the COVID-19 announcement affected the Indonesian Stock Exchange (BEI), this study examined IHSG, stock prices, abnormal returns as well as trading volume activity in the transportation industry from 2019 to 2020. Eighteen transportation companies were chosen for analysis over a 12-month period, centered around the event date of March 2, 2020, using purposive selection. The results demonstrate significant differences in IHSG and stock prices, but there are no significant distinctions in abnormal returns or trading volume activity prior and after the COVID-19 notificationt. This study contributes important new information about the complex ways that the pandemic has affected financial markets, particularly in the transportation sector.
The Triad of Community Participation, Empowerment and Vigilance in Fraud Deterrence Strategy Carolina, Anita; Bullah, Habi
International Journal of Social Science and Business Vol. 8 No. 4 (2024): November
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23887/ijssb.v8i4.70221

Abstract

Fraud deterrence in the context of rural tourism poses specific difficulties and opportunities, particularly in environmentally sensitive places like mangrove tourism sites. This quantitative research investigated the critical relationship between community participation, community empowerment, and community vigilance, collectively forming the triad, in the context of fraud deterrence within four distinct mangrove tourism destinations in Madura, Indonesia. Through an extensive survey conducted among residents of these destinations, this study utilized structural equation modelling. By assessing the data on community participation, empowerment, vigilance, and anti-fraud measures, this research aims to unravel the complex web of relationships among these variables. The findings suggested that community participation and community vigilance contribute significantly to the success of fraud deterrence initiatives. Community empowerment, on the other hand, has no effect on fraud deterrence strategies due to several inherent factors in the community. These findings highlight the importance of engaging communities in decision-making processes and promoting vigilance to enhance transparency and accountability in tourism management. However, the lack of influence from community empowerment suggests that broader structural factors may hinder its effectiveness in fraud prevention. The study concludes that strengthening community participation and vigilance can play a critical role in preventing fraud and ensuring sustainable tourism development. Practical implications for tourism management and policymakers include the need to invest in community-driven fraud detection and reporting mechanisms.