Perbedaan Abnormal Return dan TVA Perusahaan Sektor Perhotelan Sebelum dan Setelah Puncak KTT G20 Bali

Sariyo, Salisha
Septriyani, Sherly
S, Shierly

Madani: Multidisciplinary Scientific Journal
Vol 2, No 8 (2024): Vol. 2, No. 8, 2024

The purpose of this study is to identify differences in Abnormal Returns and Trading Volume Activity of companies focused on the hospitality sector before and after the G20 Summit in Bali. This study involved 40 companies in the hospitality sector on the IDX. During November 2022, 25 companies in the hospitality sector were selected as samples. The window interval is 12 days (6 days before the event, one day during the event, and 5 days after the event). Abnormal Return, Trading Volume, and stock price (closed price) are secondary data used for the study. Hypothesis testing uses the Wilcoxon signed ranks method and the paired sample t-test method in SPSS version 22. The data that has been tested, shows no difference in Abnormal Return and Trading Volume Activity of hospitality sector companies before and after the G20 Summit in Bali.