Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan
The rapid development of information technology affects almost every aspect of life, including the business world. Firms vigorously implement the most advanced information technology to improve company performance. The big question to be answered by this study is whether the investment in informatio...
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| Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2013
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| author | , Haryadi Indrianto N. , Dr. Sumiyana, M.Si. |
| author_facet | , Haryadi Indrianto N. , Dr. Sumiyana, M.Si. |
| author_sort | , Haryadi Indrianto N. |
| collection | UGM |
| description | The rapid development of information technology affects almost every
aspect of life, including the business world. Firms vigorously implement the most
advanced information technology to improve company performance.
The big question to be answered by this study is whether the investment in
information technology really has an impact on the company. Impact on the
company can be measured through the company's improved performance, as
represented by the increase in the firm�s value. The value of the company's shares
will be adjusted, based on firm characteristics and the characteristics of the
investment at the time of the announcement of the investment. The impact of
information technology investment will be different in each company, because
every company has different characteristics.
The results of this study indicate that, in general, information technology
investment announcements do not have a significant effect
on abnormal stock returns. This suggests that for the time being, the decision of
investors in Indonesia are not so influenced by information technology
investments made by the company. Investors in Indonesia do not believe that the
investment in information technology can provide added value to the company in
the future. However, for information technology investments with particular
characteristics, which are made by companies with specific characteristics, can
affect stock returns. Interaction effects can give explain variables that moderate
the relationship between information technology investment announcements and
market reaction.
One of the contribution of this study is to provide an overview for
managers who intend to invest in information technology. Companies with certain
characteristics can leverage these investments as a means to communicate the
business strategy to investors, with the aim to enhance shareholder value. |
| first_indexed | 2024-03-13T22:49:36Z |
| format | Thesis |
| id | oai:generic.eprints.org:119404 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T22:49:36Z |
| publishDate | 2013 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:1194042016-03-04T08:38:41Z https://repository.ugm.ac.id/119404/ Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan , Haryadi Indrianto N. , Dr. Sumiyana, M.Si. ETD The rapid development of information technology affects almost every aspect of life, including the business world. Firms vigorously implement the most advanced information technology to improve company performance. The big question to be answered by this study is whether the investment in information technology really has an impact on the company. Impact on the company can be measured through the company's improved performance, as represented by the increase in the firm�s value. The value of the company's shares will be adjusted, based on firm characteristics and the characteristics of the investment at the time of the announcement of the investment. The impact of information technology investment will be different in each company, because every company has different characteristics. The results of this study indicate that, in general, information technology investment announcements do not have a significant effect on abnormal stock returns. This suggests that for the time being, the decision of investors in Indonesia are not so influenced by information technology investments made by the company. Investors in Indonesia do not believe that the investment in information technology can provide added value to the company in the future. However, for information technology investments with particular characteristics, which are made by companies with specific characteristics, can affect stock returns. Interaction effects can give explain variables that moderate the relationship between information technology investment announcements and market reaction. One of the contribution of this study is to provide an overview for managers who intend to invest in information technology. Companies with certain characteristics can leverage these investments as a means to communicate the business strategy to investors, with the aim to enhance shareholder value. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , Haryadi Indrianto N. and , Dr. Sumiyana, M.Si. (2013) Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=59403 |
| spellingShingle | ETD , Haryadi Indrianto N. , Dr. Sumiyana, M.Si. Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan |
| title | Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan |
| title_full | Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan |
| title_fullStr | Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan |
| title_full_unstemmed | Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan |
| title_short | Reaksi Pasar Saham Indonesia Terhadap Investasi Teknologi Informasi Berdasarkan Karakteristik Investasi Teknologi Informasi dan Karakteristik Perusahaan |
| title_sort | reaksi pasar saham indonesia terhadap investasi teknologi informasi berdasarkan karakteristik investasi teknologi informasi dan karakteristik perusahaan |
| topic | ETD |
| work_keys_str_mv | AT haryadiindrianton reaksipasarsahamindonesiaterhadapinvestasiteknologiinformasiberdasarkankarakteristikinvestasiteknologiinformasidankarakteristikperusahaan AT drsumiyanamsi reaksipasarsahamindonesiaterhadapinvestasiteknologiinformasiberdasarkankarakteristikinvestasiteknologiinformasidankarakteristikperusahaan |