Rama Wijaya, Andika
Unknown Affiliation

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

Analisis Pengaruh Pengumuman Merger Bank Syariah Bumn Terhadap Saham Perbankan Di Indonesia Rama Wijaya, Andika; Sucia Sukmaningrum, Puji
Proceedings of International Conference on Islamic Economic Finance and Social Finance (ISSN: XXXX-XXXX) (ESSN: XXXX-XXXX) Vol. 2 (2021): Proceedings of ICONIC SOF: Proceedings of International Conference on Islamic Economi
Publisher : Fakultas Ekonomi dan Bisnis Islam

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62086/10.62086

Abstract

This study aims to determine the market's reaction to the announcement of the merger of three state-owned Islamic banks against Islamic banking and conventional banking stocks as measured by abnormal returns and trading volume activity. The method used in this study uses an event study with quantitative proximity. To see the abnormal returns, use a market model with an estimated period of 60 days and an event period of 10 days before and 10 days after the announcement of the merger of three state-owned Islamic banks. To determine the sample, purposive sampling was used and 17 stock samples were obtained consisting of 3 samples of sharia stocks and 14 samples of conventional stocks. The analysis technique used in this study used a one-sample t-test and a paired sample t-test if the data were distributed normally. If there is data that is not normally distributed, the analysis technique used is the one sample wilcoxon signed r test .