Krisna: Kumpulan Riset Akuntansi
Vol. 17 No. 1 (2025): KRISNA: Kumpulan Riset Akuntansi

LQ-45 STOCK PRICE REACTION EVENT STUDY ON EARNINGS ANNOUNCEMENT

Putu Sri Artha Jaya Kusuma (Universitas Pendidikan Nasional)
Sinta Dharmayanti Dewa Ayu (Universitas Pendidikan Nasional)



Article Info

Publish Date
08 Jul 2025

Abstract

The population in this study consisted of 153 manufacturing businesses listed on the Indonesia Stock Exchange in 2021–2023, with the goal of determining the stock price response to the earnings release of the LQ-45 stock index. In order to acquire 405 research data, a sample of 135 manufacturing organizations was utilized. Descriptive statistical analysis, the classical assumption test, and another test (Wilcoxon Signed-Rank) are the methods of analysis that are employed. According to the study's findings, stock returns for manufacturing companies listed on the Indonesia Stock Exchange in 2021–2023 did not vary following their earnings announcements. Trade Volume Activity is positive and significant to earnings announcements of manufacturing companies listed on the Indonesia Stock Exchange in 2021 – 2023.

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Journal Info

Abbrev

krisna

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

KRISNA: Kumpulan Riset Akuntansi is a journal research published by Accounting Department, Faculty of Economics, Warmadewa University. This Journal is a group of research including accounting and business development, such as financial accounting, management accounting, Auditing, tax, accounting ...