Bisma: Jurnal Bisnis dan Manajemen
Vol 15 No 3 (2021)

RESPON PASAR MODAL PADA PERISTIWA PERTEMUAN IMF DAN BANK DUNIA DI INDONESIA

Danu Rizky Saputra (Universitas Jember)



Article Info

Publish Date
30 Nov 2021

Abstract

This study aims to determine the presence or absence of abnormal returns, cumulative abnormal returns, and trading volume activity at the IMF and World Bank meetings in Indonesia with an event study on food and beverage manufacturing companies terdaftar on the Indonesia Stock Exchange (IDX). The population used was 14 manufacturing companies in the food and beverage sub-sector. The analytical technique used was a comparative study comparing seven days before and seven days after the event. The results showed no abnormal return at the mean value of significance. There was a significant difference in cumulative abnormal returns in the days before and after the IMF and World Bank meeting in Indonesia in food and beverage sub-sector manufacturing companies terdaftar on the IDX. In addition, stock trading volume activity on the day before the IMF and World Bank meeting in Indonesia increased but decreased after the event. The results of testing the difference in stock trading volume activity showed no significant difference for each pair of days.

Copyrights © 2021






Journal Info

Abbrev

BISMA

Publisher

Subject

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

Description

Bisma terbit secara berkala pada bulan Januari, Mei dan September dengan ISSN 1978-3108 (print), bertujuan untuk menyebarluaskan artikel hasil riset, hasil pemikiran (telaah analitis-kritis) dan artikel ulasan atas artikel yang pernah dipublikasikan dalam bidang bisnis dan manajemen. Bisma menerima ...