Binus Business Review
Vol. 9 No. 1 (2018): Binus Business Review

The Impact of Stock Split on the Performance in Indonesian Manufacturing Companies

natali yustisia (Perbanas Institute)

Article Info

Publish Date
31 Mar 2018

Abstract

The purpose of this research was to analyze whether the stock split had an impact on liquidity and return stock in 18 manufacturing companies listed on the Indonesia Stock Exchange (BEI) from 2012 to 2015. The stock performance used in this research was trading volume activity, bid-ask spread, and abnormal return in five days before and five days after the stock split. Data analysis method used was quantitative method by using SPSS 21 with the Kolmogorov-Smirnov normality test, paired sample t-test, and Wilcoxon test. The findings indicate that stock split does not affect the trading volume activity, bid-ask spread, and abnormal return.

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Journal Info
Binus Business Review
Website

Abbrev

BBR

Publisher

Universitas Bina Nusantara

Subject

Economics, Econometrics & Finance

Description

Binus Business Review is an international journal published in March, July, and November hosted by the Research and Technology Transfer Office (LPPM) of Universitas Bina Nusantara. The journal contents are managed by the Binus Business School, Faculty of Economics and Communications, and Forum ...