E-JURNAL AKUNTANSI
Vol 13 No 2 (2015)

EVENT STUDY: ANALISIS REAKSI INVESTOR PADA PUBLIKASI LAPORAN KEUANGAN TAHUNAN

Yuni Prema vahini (Fakultas Ekonomi dan Bisnis Universitas Udayana)
Nyoman Wijana Asmara Putra (Fakultas Ekonomi dan Bisnis Universitas Udayana)



Article Info

Publish Date
30 Nov 2015

Abstract

Financial statements are the media that shows a company's financial condition and used as a source of consideration to make investment decisions. This research uses event study to testing the information content of financial statements in the event window for 11 days. The research sample is a group companies that included in the index stocks LQ-45 for five consecutive years from 2009 to 2013, there some 22 companies with 110 observations obtained in the Indonesia Stock Exchange. Hypothesis testing using a paired samples t-test. The results of this test showed no difference reaction of investors in the form of differences in average abnormal return and trading volume stocks before and after publication of financial statements statistically.

Copyrights © 2015






Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...