ANALISIS REAKSI HARGA SAHAM INDONESIA TERHADAP PENGUMUMAN PERGANTIAN CHIEF EXECUTIVE OFFICER (CEO) Tahun 2008-2012

CAHYANI, Trivanda Dewi and PANGESTUTI , Irene Rini Demi (2014) ANALISIS REAKSI HARGA SAHAM INDONESIA TERHADAP PENGUMUMAN PERGANTIAN CHIEF EXECUTIVE OFFICER (CEO) Tahun 2008-2012. Undergraduate thesis, Fakultas Ekonomika dan Bisnis.

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Abstract

This study aims to analyze the Indonesia stock price reaction to the CEO turnover announcement from 2008-2012. The writer used abnormal return to find out the information of CEO turnover announcement from 2008-2012. This study divides into two characteristics of CEO turnover is based on the process of succession and origin of successor. Based on the process of succession, sample is divided into routine and non-routine. Based on the origin of successor, the sampel is divided into inside and outside. This study examined a sample by combining the characteristics of the sample into a routine inside, outside routine, non-routine and non-routine inside outside. This study use one sample t-test to examining information contain of CEO turnover announcements. The sample used in this study were 25 companies listed in the index compass 100 during the period 2008-2012. The results of this study show that the market reacted to the announcement of CEO turnover. The market reacted to routine CEO turnover by origin successor from outside firms, and in non-routine CEO turnover by origin successor from inside firms. The market did not react to routine CEO turnover by origin successor from inside firms, and in non-routine CEO turnover by origin successor from outside firms

Item Type:Thesis (Undergraduate)
Additional Information:CEO, Abnormal return, compass 100
Uncontrolled Keywords:CEO, Abnormal return, compass 100
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Management
ID Code:43567
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:27 Aug 2014 09:03
Last Modified:27 Aug 2014 09:03

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