E-Jurnal Akuntansi
Vol. 34 No. 2 (2024)

Investor Preferences Around Cum-Dividend Date Beforeand During the Covid-19 Pandemic

Ni Putu Shanti Millawati (Faculty of Economics and Business, Udayana University, Indonesia)
Made Gede Wirakusuma (Unknown)



Article Info

Publish Date
18 Oct 2026

Abstract

This study aims to determine investor preferences around cum-dividenddate before and during the Covid-19 pandemic. The population in thisstudy were companies registered in IDX30 before the pandemic with120 companies and 90 companies during the pandemic. The sample ofthis study was determined by purposive sampling and obtained 70companies before the pandemic as well as 61 companies during thepandemic. The data analysis technique used is paired sample t-test andindependent sample t-test. The results of this study showed that therewas no significant difference in trading volume activity and bid-askspread around the cum-dividend date before and during the Covid-19pandemic. However, there was a significant difference in trading volumeactivity before and after cum-dividend date before the pandemic. Theresults of this study also showed that investors preferences for dividendsare more likely to be attracted during the Covid-19 pandemic.

Copyrights © 2024






Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-JURNAL AKUNTANSI (EJA) E-Jurnal Akuntansi [e-ISSN 2302-8556] is an electronic scientific journal published online once a month. E-journal aims to improve the quality of science and channel the interest of sharing and dissemination of knowledge for scholars, students, practitioners, and the ...