Journal of International Conference Proceedings
Vol 2, No 1 (2019): Proceedings of the 3rd International Conference of Project Management (ICPM) Bal

The Effects of Surprises Factors Macroeconomic to Earnings Surprises and Market Liquidity and Impact to Stock Return.

Noldy Takaliuang (Sam Ratulangi University)



Article Info

Publish Date
27 Apr 2019

Abstract

This paper approach a Structural Equation Model design by method Asymptotically Distribution Free (ADF) to analyzed the surprises factors macroeconomic affect the stock return with both market liquidity and earnings surprises. The monthly financial sector data with 59 firms’ for the years 2012-2016 and using the purposive sampling method. The result indicated that’s surprises factors macroeconomic is significant to earnings surprises and stock returns also earnings surprises to returns but not to market liquidity and liquidity to stock returns.

Copyrights © 2019






Journal Info

Abbrev

JICP

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media

Description

JICP is proceedings series that aims to publish proceedings from conferences, in the fields of economics, business, and management research. All proceedings in this website are open access, which means the published articles are permanently free to read, download, copy, and distribute. The online ...