ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEI

The announcement of the rights issue carried out to see the market reaction to the announcement and know their abnormal return or around the period of announcement of right issue. This research was conducted in the Indonesia Stock Exchange with a total sample of 73 companies went public and 90 annou...

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Main Authors: Ida Ayu Wiasti Paramita Apsari, Gerianta Wirawan Yasa
Format: Article
Language:Indonesian
Published: Universitas Udayana 2017-02-01
Series:E-Jurnal Akuntansi
Subjects:
Online Access:https://ojs.unud.ac.id/index.php/Akuntansi/article/view/24978
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spelling doaj-d6258a90023d4126ad2e3bbefda430082020-11-24T21:38:05ZindUniversitas UdayanaE-Jurnal Akuntansi2302-85562017-02-011343136824978ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEIIda Ayu Wiasti Paramita Apsari0Gerianta Wirawan Yasa1Fakultas Ekonomi dan Bisnis Universitas UdayanaFakultas Ekonomi dan Bisnis Universitas UdayanaThe announcement of the rights issue carried out to see the market reaction to the announcement and know their abnormal return or around the period of announcement of right issue. This research was conducted in the Indonesia Stock Exchange with a total sample of 73 companies went public and 90 announcement of right issue, using non-probability sampling method that consists of companies that conduct the rights issue announcement in the 2011-2015 period. Data collection method used was non-participant observation method. From the research carried out can be concluded that there is a negative market reaction on the third day prior to the announcement of the rights issue and at the time of the announcement of the rights issue there is no market reaction, while there are positive market reaction on the first day and the fourth day after the announcement of the rights issue.https://ojs.unud.ac.id/index.php/Akuntansi/article/view/24978Market Reaction, Right Issue, Abnormal Return
collection DOAJ
language Indonesian
format Article
sources DOAJ
author Ida Ayu Wiasti Paramita Apsari
Gerianta Wirawan Yasa
spellingShingle Ida Ayu Wiasti Paramita Apsari
Gerianta Wirawan Yasa
ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEI
E-Jurnal Akuntansi
Market Reaction, Right Issue, Abnormal Return
author_facet Ida Ayu Wiasti Paramita Apsari
Gerianta Wirawan Yasa
author_sort Ida Ayu Wiasti Paramita Apsari
title ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEI
title_short ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEI
title_full ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEI
title_fullStr ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEI
title_full_unstemmed ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE PADA PERUSAHAAN GO PUBLIC YANG TERCATAT DI BEI
title_sort analisis reaksi pasar terhadap pengumuman right issue pada perusahaan go public yang tercatat di bei
publisher Universitas Udayana
series E-Jurnal Akuntansi
issn 2302-8556
publishDate 2017-02-01
description The announcement of the rights issue carried out to see the market reaction to the announcement and know their abnormal return or around the period of announcement of right issue. This research was conducted in the Indonesia Stock Exchange with a total sample of 73 companies went public and 90 announcement of right issue, using non-probability sampling method that consists of companies that conduct the rights issue announcement in the 2011-2015 period. Data collection method used was non-participant observation method. From the research carried out can be concluded that there is a negative market reaction on the third day prior to the announcement of the rights issue and at the time of the announcement of the rights issue there is no market reaction, while there are positive market reaction on the first day and the fourth day after the announcement of the rights issue.
topic Market Reaction, Right Issue, Abnormal Return
url https://ojs.unud.ac.id/index.php/Akuntansi/article/view/24978
work_keys_str_mv AT idaayuwiastiparamitaapsari analisisreaksipasarterhadappengumumanrightissuepadaperusahaangopublicyangtercatatdibei
AT geriantawirawanyasa analisisreaksipasarterhadappengumumanrightissuepadaperusahaangopublicyangtercatatdibei
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