Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana
This study compares reaction differences about right issue focusing on firms that listed in Indonesia Stock Exchange (IDX). As sample, there are 47 firms which published right issue in 2008 to 2012. Right issue in this study divided into two types of fund use, internal acquisition and non internal a...
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Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2013
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author | , EVAN ADIANTO , Su�ad Husnan, Dr., M.B.A |
author_facet | , EVAN ADIANTO , Su�ad Husnan, Dr., M.B.A |
author_sort | , EVAN ADIANTO |
collection | UGM |
description | This study compares reaction differences about right issue focusing on firms that listed in Indonesia Stock Exchange (IDX). As sample, there are 47 firms which published right issue in 2008 to 2012. Right issue in this study divided into two types of fund use, internal acquisition and non internal acquisition. The method is using event study with market model approach and using t-test for statistical test. Study period is five days before to five days after right issue, whether in rights offering or ex-date.
The study found a positive significant reaction at the time of ex-date in non-internal acquisition type. There is no positive reaction in internal acquisition type arround rights offering and ex-date. In non-internal acquisition type also found an insignificant reaction around rights offering. |
first_indexed | 2024-03-13T23:07:51Z |
format | Thesis |
id | oai:generic.eprints.org:124687 |
institution | Universiti Gadjah Mada |
last_indexed | 2024-03-13T23:07:51Z |
publishDate | 2013 |
publisher | [Yogyakarta] : Universitas Gadjah Mada |
record_format | dspace |
spelling | oai:generic.eprints.org:1246872016-03-04T08:34:02Z https://repository.ugm.ac.id/124687/ Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana , EVAN ADIANTO , Su�ad Husnan, Dr., M.B.A ETD This study compares reaction differences about right issue focusing on firms that listed in Indonesia Stock Exchange (IDX). As sample, there are 47 firms which published right issue in 2008 to 2012. Right issue in this study divided into two types of fund use, internal acquisition and non internal acquisition. The method is using event study with market model approach and using t-test for statistical test. Study period is five days before to five days after right issue, whether in rights offering or ex-date. The study found a positive significant reaction at the time of ex-date in non-internal acquisition type. There is no positive reaction in internal acquisition type arround rights offering and ex-date. In non-internal acquisition type also found an insignificant reaction around rights offering. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , EVAN ADIANTO and , Su�ad Husnan, Dr., M.B.A (2013) Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=64843 |
spellingShingle | ETD , EVAN ADIANTO , Su�ad Husnan, Dr., M.B.A Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana |
title | Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana |
title_full | Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana |
title_fullStr | Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana |
title_full_unstemmed | Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana |
title_short | Reaksi Pasar Terhadap Pengumuman Right Issue Berdasarkan Tujuan Penggunaan Dana |
title_sort | reaksi pasar terhadap pengumuman right issue berdasarkan tujuan penggunaan dana |
topic | ETD |
work_keys_str_mv | AT evanadianto reaksipasarterhadappengumumanrightissueberdasarkantujuanpenggunaandana AT suaadhusnandrmba reaksipasarterhadappengumumanrightissueberdasarkantujuanpenggunaandana |