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ArtikelAnalisis Perbedaan Harga Saham Sebelum dan Sesudah Pengumuman Annual Report Awards (ARA) di Bursa Efek Jakarta  
Oleh: Ekawati, Rika Kharlina
Jenis: Article from Journal - e-Journal
Dalam koleksi: Jurnal Forum Bisnis dan Kewirausahaan vol. 1 no. 1 (Sep. 2011), page 33-41.
Topik: Annual Report Awards (ARA); The Price of the Share
Fulltext: Rika Kharlina Ekawati 33-41 - Bernard.pdf (50.81KB)
Isi artikelAnnual Report Award (ARA) was the appreciation that was given to the company that filled the completeness criterion in the presentation of the report on annual finance, especially for information concerning the appearance of the company, the point of view expression and the company's mission regarding the Good Corporate Governance implementation, the analysis and management discussions on the achievement of the company, the report on finance that in accordance with the principle of accountancy and the provisions of the current money market, and other information that were relevant with the requirement stakeholder. However, Annual Report Award giving (ARA) to several of the public's companies that were judged applied corporate governance well also could result in the change in the price of the share? So, this research want to tested whether the ARA appreciation it was responded by the investor in the market by using the company's data that received ARA during 2007. Results of the testing proved that five days after the announcement of ARA giving significantly the market responded to this publication. This reflected the community's belief in the Annual Report Award announcement (ARA).
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