International Journal of Applied Business and International Management
Vol 7, No 2 (2022): August 2022

Market Reaction on The Announcement of SRI-KEHATI and FTSE4GBM Indices

Lydia Ivana Kumajas (Student of Doctoral Program Fakultas Ekonomi dan Bisnis Universitas Sam Ratulangi)
Sri Murni (Universitas Sam Ratulangi)
Maryam Mangantar (Universitas Sam Ratulangi)
Ivonne Stanley Saerang (Universitas Sam Ratulangi)
Joy Elly Tulung (Universitas Sam Ratulangi)

Article Info

Publish Date
20 Aug 2022

Abstract

This study aims to determine the market reaction to the announcement of additional shares on the SRI-KEHATI and FTSE4Good (F4GBM) Index during the Covid 19 2020 and 2021 periods. The indicator of market reaction is observed through Trading Volume Activity (TVA). The results show that there is a significant TVA around the announcement date on both observed indices, this study uses an event study

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Journal Info
International Journal of Applied Business and International Management
Website

Abbrev

IJABIM

Publisher

AIBPM Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

Description

The International Journal of Applied Business and International Management (IJABIM) is a peer-reviewed journal that provides a platform for scholars, professionals, and policymakers to share pioneering research in international business, management, and economics. Published quarterly, the journal ...