Open AccessHarga Saham Sebelum dan Sesudah Stock Split
Author(s) -
Junita Putri Rajana Harahap,
Murni Dahlesution
Publication year - 2020
Publication title -
costing
Language(s) - English
Resource type - Journals
eISSN - 2597-5234
pISSN - 2597-5226
DOI - 10.31539/costing.v3i2.1163
Subject(s) - restricted stock , stock market bubble , stock (firearms) , cost price , non qualified stock option , business , stock exchange , stock price , growth stock , stock market , market maker , financial economics , monetary economics , economics , finance , mechanical engineering , paleontology , horse , series (stratigraphy) , engineering , biology
The stock split causes the stock price to be cheaper so that it will attract potential investors to buy the stock. This research was conducted to determine when it is time for a company to do a stock split, information available on the capital market can be used by investors for consideration before investors make a decision to invest in shares. The study aims to determine the changes that occur in stock prices before and after the stock split policy by the company. The research method used in this research is event study research with a quantitative approach. This study examines how significant the stock price difference is after a stock split policy. The sample used in this study were all companies that carried out the 2016-2018 stock split policy. The results of research on companies that become samples have shown that the average stock price before the announcement of the stock split policy has no significant difference with the average stock price after the announcement of the stock split policy
Keywords : Stock Price, Stock Split