RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIA
A number of studies investigated how financial information affected investment decisions. The study extended<br />this line of research by examining the effect of risk, proxied by price per share, number of shareholders, number<br />of dealers, trading volume, accounting risk and market...
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| Format: | Article |
| Language: | English |
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Universitas Merdeka Malang
2017-03-01
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| Series: | Jurnal Keuangan dan Perbankan |
| Subjects: | |
| Online Access: | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/820 |
| _version_ | 1828531371374542848 |
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| author | Agus Haryono Edi Subiyantoro |
| author_facet | Agus Haryono Edi Subiyantoro |
| author_sort | Agus Haryono |
| collection | DOAJ |
| description | A number of studies investigated how financial information affected investment decisions. The study extended<br />this line of research by examining the effect of risk, proxied by price per share, number of shareholders, number<br />of dealers, trading volume, accounting risk and market risk measures on the bid ask spread. Further, the<br />research tried to test the relationship between bid ask spread and cost of equity capital. The samples of this<br />research were the manufacturing companies listed at Indonesian Stock Exchange which shared the dividend<br />for 3 years; there were 40 companies. Data analysis technique used multiple regression analysis. The results of<br />regression provided evidence of statistically significant effect of price per share, market value, asset size and<br />price variability on bid ask spread. At last, there was a positive relationship between bid ask spread and cost of<br />equity capital |
| first_indexed | 2024-12-11T22:37:35Z |
| format | Article |
| id | doaj.art-35ac65cd60d54082b7a19cd2fdbba515 |
| institution | Directory Open Access Journal |
| issn | 1410-8089 2443-2687 |
| language | English |
| last_indexed | 2024-12-11T22:37:35Z |
| publishDate | 2017-03-01 |
| publisher | Universitas Merdeka Malang |
| record_format | Article |
| series | Jurnal Keuangan dan Perbankan |
| spelling | doaj.art-35ac65cd60d54082b7a19cd2fdbba5152022-12-22T00:47:55ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872017-03-01183545RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIAAgus Haryono0Edi Subiyantoro1Prodi Akuntansi Fakultas Ekonomi dan Bisnis Universitas Merdeka Malang Jl. Terusan Raya Dieng No.62-64 Malang, 65146, Indonesia.Prodi Akuntansi Fakultas Ekonomi dan Bisnis Universitas Merdeka Malang Jl. Terusan Raya Dieng No.62-64 Malang, 65146, Indonesia.A number of studies investigated how financial information affected investment decisions. The study extended<br />this line of research by examining the effect of risk, proxied by price per share, number of shareholders, number<br />of dealers, trading volume, accounting risk and market risk measures on the bid ask spread. Further, the<br />research tried to test the relationship between bid ask spread and cost of equity capital. The samples of this<br />research were the manufacturing companies listed at Indonesian Stock Exchange which shared the dividend<br />for 3 years; there were 40 companies. Data analysis technique used multiple regression analysis. The results of<br />regression provided evidence of statistically significant effect of price per share, market value, asset size and<br />price variability on bid ask spread. At last, there was a positive relationship between bid ask spread and cost of<br />equity capitalhttp://jurnal.unmer.ac.id/index.php/jkdp/article/view/820bid-ask spread, cost of equity capital, invesment risk |
| spellingShingle | Agus Haryono Edi Subiyantoro RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIA Jurnal Keuangan dan Perbankan bid-ask spread, cost of equity capital, invesment risk |
| title | RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIA |
| title_full | RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIA |
| title_fullStr | RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIA |
| title_full_unstemmed | RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIA |
| title_short | RISIKO INVESTASI, BID-ASK SPREAD, DAN COST OF EQUITY CAPITAL DI PASAR MODAL INDONESIA |
| title_sort | risiko investasi bid ask spread dan cost of equity capital di pasar modal indonesia |
| topic | bid-ask spread, cost of equity capital, invesment risk |
| url | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/820 |
| work_keys_str_mv | AT agusharyono risikoinvestasibidaskspreaddancostofequitycapitaldipasarmodalindonesia AT edisubiyantoro risikoinvestasibidaskspreaddancostofequitycapitaldipasarmodalindonesia |