E-JURNAL AKUNTANSI
Vol 32 No 2 (2022)

Disappearing Anomaly di Bursa Efek Indonesia

A.A. Rai Niti Darmika Sukawati (Fakultas Ekonomi dan Bisnis Universitas Udayana, Indonesia)
Dewa Gede Wirama (Fakultas Ekonomi dan Bisnis Universitas Udayana, Indonesia)



Article Info

Publish Date
26 Feb 2022

Abstract

The purpose of this research is to analyze whether there is a disappearing anomaly on the Indonesia Stock Exchange, especially for the Monday effect and January effect. The analysis was carried out by comparing the two anomalies in two periods, namely 2011 to 2015 and 2016 to 2020. The study used a sample of companies that were consistently listed on the Kompas100 Index during the observation period, with a total sample consisting of 42 companies. The analysis technique used is a different test with independent sample t-test. The test results show that the Monday effect in the 2016-2020 period is significantly lower than the Monday effect for the 2011-2015 period, but there is no significant difference in the January effect in the two periods. Keywords: Disappearing Anomaly, January effect, Monday effect.

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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 ...