Pengumuman Perubahan Nama Perusahaan dan Harga Saham di Bursa Efek Indonesia  

Oleh:

Apriolita, Mayang ; Gumanti, Tatang Ary ; Swastika, Dwi Lusi Tyasing

Jenis: Article from Journal - ilmiah nasional - terakreditasi DIKTI
Dalam koleksi: Jurnal Keuangan dan Perbankan: Journal of Finance dan Banking vol. 13 no. 1 (Jun. 2011), page 62-76.
Topik: Change of company name; the abnormal return and Indonesia Stock Exchange.
Fulltext: Pengumuman Perubahan Nama Perusahaan Dan Harga Saham di Bursa Efek Indonesia.pdf (167.46KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ12.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

This study aims to analyze the effect of changing the company’s name on the stock price returns. As it is known that a company’s name resembles to an identity of an organization and a company’s name also determines people’s perception of a company’s image. Therefore, if a company decides to alter its name then there will some risks behind that. The study uses secondary data from the Indonesian Stock Exchange over the periods of 2007 – 2008. The sample of the firms taken is determined by using purposive sampling method. It is stated from the research that the change of a company’s name does not have an effect on stock returns. This is because the discovery shows that there is a tendency of a negative abnormal return signal, i.e., investors are not concerned with the change of a company’s name. In addition, the change of a company’s name does not affect on stock returns because of the global financial crisis in mid-2007 until the end of 2008.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali