Journal Of Management Science (JMAS)
Vol 4 No 2 (2021): April: Management Science

The Effect of Bid Ask Spread, Market Value and Risk Of Return on the Holding Period of LQ45 Stocks on the Indonesia Stock Exchange

Tio Winda Sitompul (Universitas Sumatera Utara)



Article Info

Publish Date
01 Apr 2021

Abstract

The purpose of this study is to investigate and to analyze the effect of the bid ask spread, market value, and the risk of return to the holding period LQ45 in Indonesia Stock Exchange Period February 2008 to January 2012. Secondary data collection is done by recording the closing price, the number of shares outstanding, trading volume, bid price, ask price and download financial statements published by the Indonesia Stock Exchange and quoted from a written source that is used as a theoretical basis. The analytical method used was multiple linear regression analysis. This research samples using 76 companies listed in the index always LQ45. The results showed that the bid ask spread, market value, and the risk of return simultaneously effect holding period for shares with a significance level (α= 5%). Partially, the bid ask spread and market value and no significant positive effect on the holding period return while the risk of a negative and significant effect on the holding period LQ45 in Indonesia Stock Exchange Period February 2008 to January 2012.

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Journal Info

Abbrev

JMAS

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Ilmu Manajemen (JMAS) menawarkan analisis yang luas dan luas dari semua permukaan manajemen dan sains. Diterbitkan empat kali per tahun, ini memberikan penekanan pada kemahiran universal dalam metode vital, teknik, dan bidang penelitian. menyajikan kesempatan bagi pembaca untuk berbagi saling ...