CD Skripsi
Reaksi Pasar Modal Terhadap Peristiwa Politik: Sebelum Dan Sesudah Pengumuman Hasil Pilpres Tanggal 22 Mei Tahun 2019 (Study Peristiwa Pada Saham Kompas100 Yang Terdaftar Di Bursa Efek Indonesia)
ABSTRACT
This study aims to determine the effect before and after the announcement
of the presidential election on May 22, 2019 on returns, abnormal returns and
trading volume activities in companies that are included in the KOMPAS100
index. The sampling technique used in this study was using the purposive
sampling (non-probability sampling) and data obtained from the method were
83 companies including the KOMPAS100 index. The method used in this
research is an event study, where the event window in this study consists of 5
days before the announcement of the results of the presidential election and 5
days after the announcement of the results of the presidential election.
Hypothesis testing was carried out using the Paired Sample t-test and the
Wilcoxon signed rank test. The results showed that there was a significant
positive difference in returns before and after the announcement of the results of
the presidential election on 22 May 2019 and for the abnormal return variable
there was an average difference before and after the announcement event and in
the trading volume activity variable before and after the announcement of the
results of the presidential election. On May 22, 2019 there were also differences
indicating that investors were reacting to the market.
Keywords: Return, abnormal return, trading volume activity, KOMPAS100
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