Understanding capital market responses to government economic policy announcements: An event study on Indonesia’s Economic Policy Package

This paper investigates the changes in stock market returns before and after the announcement of a sample of three instalments, or ‘volumes’, (I, X, and XVI) of the Indonesian government’s Eco-nomic Policy Package (EPP), between 2015 and 2017. It tracks Abnormal Return (AR) and Cumulative Abnormal R...

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Bibliographic Details
Main Authors: Hari Gursida, Yohanes Indrayono
Format: Article
Language:English
Published: Growing Science 2019-06-01
Series:Management Science Letters
Subjects:
JCI
Online Access:http://www.growingscience.com/msl/Vol9/msl_2019_151.pdf