Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018

This research was to provide empirical evidence regarding The Effect of Trading Volume, Earning Per Share on Stock Returns, and their impact on Bid-Ask Spread in manufacturing companies listed on the Indonesian Stock Exchange. The method of the research used data from 114 companies manufacturing ind...

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Main Authors: Dede Djuniardi, Entin Jumantini, Ari Jamhari
Format: Article
Language:English
Published: Indonesian Institute for Counseling, Education and Therapy (IICET) 2022-07-01
Series:JPPI (Jurnal Penelitian Pendidikan Indonesia)
Subjects:
Online Access:https://jurnal.iicet.org/index.php/jppi/article/view/1467
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author Dede Djuniardi
Entin Jumantini
Ari Jamhari
author_facet Dede Djuniardi
Entin Jumantini
Ari Jamhari
author_sort Dede Djuniardi
collection DOAJ
description This research was to provide empirical evidence regarding The Effect of Trading Volume, Earning Per Share on Stock Returns, and their impact on Bid-Ask Spread in manufacturing companies listed on the Indonesian Stock Exchange. The method of the research used data from 114 companies manufacturing industry sector that was listed on the Indonesia Stock Exchange in 2015-2018. Technique analysis data used path analysis with IBM SPSS Statistics software and hypothesis test used F test, t-test, and Sobel test. Based on the results of the t-test (partial) showed that Trading Volume had a significant positive effect on Stock Returns, Earning Per Share had no significant effect on Stock Returns, Trading Volume had a significant negative effect on Bid-Ask Spread, Earning Per Share had a significant negative effect on Bid-Ask Spread, Stock Returns had a significant negative effect on Bid-Ask Spread. Based on the results of the F test, is shown that Trading Volume and Earning Per Share together have a significant effect on Stock Returns. Trading Volume, Earning Per Share and Stock Returns has a significant effect on Bid-Ask Spread.
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spelling doaj.art-6f8c91ba9a164194819cfe6c4b27d9132023-08-05T04:58:11ZengIndonesian Institute for Counseling, Education and Therapy (IICET)JPPI (Jurnal Penelitian Pendidikan Indonesia)2477-85242502-81032022-07-018238338910.29210/020221467943Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018Dede Djuniardi0Entin Jumantini1Ari Jamhari2Kuningan University Graduate SchoolKuningan University Graduate SchoolKuningan University StudentsThis research was to provide empirical evidence regarding The Effect of Trading Volume, Earning Per Share on Stock Returns, and their impact on Bid-Ask Spread in manufacturing companies listed on the Indonesian Stock Exchange. The method of the research used data from 114 companies manufacturing industry sector that was listed on the Indonesia Stock Exchange in 2015-2018. Technique analysis data used path analysis with IBM SPSS Statistics software and hypothesis test used F test, t-test, and Sobel test. Based on the results of the t-test (partial) showed that Trading Volume had a significant positive effect on Stock Returns, Earning Per Share had no significant effect on Stock Returns, Trading Volume had a significant negative effect on Bid-Ask Spread, Earning Per Share had a significant negative effect on Bid-Ask Spread, Stock Returns had a significant negative effect on Bid-Ask Spread. Based on the results of the F test, is shown that Trading Volume and Earning Per Share together have a significant effect on Stock Returns. Trading Volume, Earning Per Share and Stock Returns has a significant effect on Bid-Ask Spread.https://jurnal.iicet.org/index.php/jppi/article/view/1467trading volume, earning per share, stock returns, bid-ask spread
spellingShingle Dede Djuniardi
Entin Jumantini
Ari Jamhari
Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018
JPPI (Jurnal Penelitian Pendidikan Indonesia)
trading volume, earning per share, stock returns, bid-ask spread
title Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018
title_full Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018
title_fullStr Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018
title_full_unstemmed Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018
title_short Trading volume, earnings per share and stock returns and their impact on bid-ask spreads on manufacturing industry sector stocks listed on the Indonesia stock exchange 2015-2018
title_sort trading volume earnings per share and stock returns and their impact on bid ask spreads on manufacturing industry sector stocks listed on the indonesia stock exchange 2015 2018
topic trading volume, earning per share, stock returns, bid-ask spread
url https://jurnal.iicet.org/index.php/jppi/article/view/1467
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AT entinjumantini tradingvolumeearningspershareandstockreturnsandtheirimpactonbidaskspreadsonmanufacturingindustrysectorstockslistedontheindonesiastockexchange20152018
AT arijamhari tradingvolumeearningspershareandstockreturnsandtheirimpactonbidaskspreadsonmanufacturingindustrysectorstockslistedontheindonesiastockexchange20152018