Open AccessPENGARUH PENGUMUMAN DIVIDEN TERHADAP HARGA SAHAM DAN ABNORMAL RETURN PADA INDUSTRI JASA DI BURSA EFEK INDONESIA
Author(s) -
Carissa Bella Yonatan,
Muhammad Yunus Kasim,
Cici Riyanti K Bidin
Publication year - 2017
Publication title -
jurnal ilmu manajemen universitas tadulako
Language(s) - English
Resource type - Journals
ISSN - 2443-3578
DOI - 10.22487/jimut.v3i1.68
Subject(s) - stock exchange , dividend , abnormal return , business administration , econometrics , economics , mathematics , business , finance
The aim of this study is to determine the influence of dividend announcement on stock prices and abnormal return in the services industries listed on Indonesia Stock Exchange. This study is descriptive-quantitative. The research methods used are simple linear regression and paired T-test or Two sample T-test for comparing the two means. The result of the first hypothesis that is dividend increases variable shows significant influence on stock prices with the value of t-count is 2.876 > the value of t-table 1.667 and dividends decreases with t-count value of 0.858 t-table is 2.776; and the fourth hypothesis that states that dividend decreases the abnormal return before and after dividend announcement showd t-count 0.416 t-tabel sebesar 1,667 dan variabel dividen turun yang mempunyai nilai t-hitung sebesar 0,858 t-tabel 2,776 dan variabel dividen turun terhadap Abnormal Return sebelum dan sesudah pengumuman dividen menunjukkan nilai t-hitung 0,416 < t-tabel 2,776 sehingga hipotesis keempat pada penelitian ini tidak berpengaruh signifikan.