FAKTOR-FAKTOR YANG MEMPENGARUHI STOCK SPLIT
Abstract: The study was done
to obtain empirical evidence about the impact of stock price factors, the frequency
of trading, abnormal
return on the
company's decision to
do a stock
split. And provide empirical
evidence about the difference the stock price factors, the frequency of
trading, abnormal return between
before and after
a stock split.
The results of
logistic regression test showed that stock prices affect the
company's decision to conduct a stock split. This is indicated by a
P value <0.10
(0.048 <0.10). Frequency
stock trading does
not affect the
company's decision to conduct
a stock split.
This is indicated
by a P
value (significance) >
0.10 (0.402> 0.10). Abnormal
return does not affect the company's decision to do a stock split. This is
shown by the P value (significance)> 0.10 (0.244> 0.10). The test results
paired Sample T Test shows that
there is a
difference between the
stock price before
and after the
stock split. This
is indicated P value
(significance) <0.10 (0.064
<0.10). There was
no difference between
the frequency of stock
trading the second
quarter, one quarter
before the stock
split with the frequency of stock trading second quarter,
one quarter after the stock split. It was shown all the P value
(significance)> 0.10. There was no difference between the abnormal return
the second quarter, one quarter before
the stock split abnormal return by the
second quarter, one quarter after the stock split. It was shown all the
P value (significance)> 0.10.
Penulis: Endang Sri Utami
Kode Jurnal: jpsosiologidd120139
