PENGARUH PENGUMUMAN INDONESIA SUSTAINABILITY REPORTING AWARD (ISRA) TERHADAP ABNORMAL RETURN DAN VOLUME PERDAGANGAN SAHAM (Studi Kasus Pada Perusahaan Peraih Penghargaan ISRA 2009-2010)

AKIS, Aldair Rorin and SITI , Mutmainah (2012) PENGARUH PENGUMUMAN INDONESIA SUSTAINABILITY REPORTING AWARD (ISRA) TERHADAP ABNORMAL RETURN DAN VOLUME PERDAGANGAN SAHAM (Studi Kasus Pada Perusahaan Peraih Penghargaan ISRA 2009-2010). Undergraduate thesis, Fakultas Ekonomika dan Bisnis.

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Abstract

This research studies the impact of Indonesia Sustainability Reporting Award (ISRA) announcement to abnormal return and trading value activity. The impact of award publication could be seen from whether there are some differences between abnormal return and trading value activity before and after ISRA announcement. The research samples are 16 companies which accepted the appreciation of ISRA period 2009-2010. The research data that used is secondary data that consist of daily closing price of shares and daily trading volume with an event period 5 days before announcement and 5 days after announcement by used a market adjusted model for expected return. Hypothese are tested by paired samples t-test. The result of this research proves that there is no difference abnormal return before and after ISRA 2009-2010 announcement, Trading value activity have no difference before and after ISRA 2009-2010 announcement

Item Type:Thesis (Undergraduate)
Additional Information:Sustainability reporting, ISRA, abnormal return, trading value activity
Uncontrolled Keywords:Sustainability reporting, ISRA, abnormal return, trading value activity
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Accounting
ID Code:37388
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:30 Nov 2012 08:34
Last Modified:30 Nov 2012 08:34

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