This study aimed to analyze whether Jack Ma’s resignation hurt BABA stock returns. This research is Jack Ma’s resignation event study from Alibaba Group Holdings Limited (10 September 2018). The 5-month research sample began on May 1, 2018, to September 28, 2018. In the 1-day and 3-day window the result showed that Jack Ma’s resignation had a significant adverse effect on BABA stock returns, but no longer affected the following day.
KEIZAI: Jurnal Kajian Ekonomi, Manajemen, dan Akuntansi mengundang para praktisi, peneliti, dan mahasiswa untuk memberikan temuan kajian-kajian di lingkup ekonomi, manajemen, dan akuntansi sebagai berikut: (1) Ekonomi perilaku, Studi ekonomi spasial (wilayah, perkotaan, pedesaaan, dsb), Perencanaan ...