Permana, Dhyka Bagus (2023) The Impact Of Merger And Acquicition’s Announcement Which Stock Return Of The Company Which Carries Out The Acquisition In The Indonesia Stock Exchange. Universitas Hayam Wuruk Perbanas. (Unpublished)
|
Text
Artikel Ilmiah 2 - Dhyka.pdf Download (443kB) | Preview |
Abstract
This research aims to determine the impact of merger and acquicition which stock return of the company which carries out the acquisition. The positive abnormal return indicates good reaction of the market and vice versa. The abnormal return variable is applied in this research which occurs 10 days before and 10 days after the acquisition announcement date on the company in 2020 – 2022 period in the Indonesia Stock Exchange (IDX). The quantitative method of research with descriptive study which uses purposive sampling is applied in this research. Then, it is analyzed by using one sample t-test parametric test as well as paired sample t-test to answer the hypothesis. The result there are abnormal return’s differences among the doer of acquisition and the target about the announcement date. The positive influence has occurred long before the acquisition announcement date which is caused by the information has been known by the market first, that mean the stocks market in Indonesia has not fulfilled the assumption of efficient stocks market. Keywords : merger, acquisition, abnormal return, stocks, efficient
| Item Type: | Other |
|---|---|
| Subjects: | 300 - SOCIAL SCIENCE > 330 - 339 ECONOMICS > 332 - FINANCIAL ECONOMICS > 332.642 - STOCK EXCHANGES |
| Divisions: | Lecturer |
| Depositing User: | Perpustakaan Universitas Hayam Wuruk Perbanas |
| Date Deposited: | 06 Feb 2024 06:22 |
| Last Modified: | 06 Feb 2024 06:22 |
| URI: | http://eprints.perbanas.ac.id/id/eprint/6149 |
Actions (login required)
 |
View Item |