Analysis of the effect of stock split towards changes in stock returns and liquidity in indonesian stock market
This thesis discussed about the analysis of stock split on the companies that conductedrnstock split. Based on the positive signalling theory it is expected that companies thatrnconduct stock split signal a positive event for investors.rnBased on the methodology used in this thesis will use the event study method torncompare the stock return and trading volume before and after stock split to see whetherrnthere is a significant different or not.rnBased on the analysis this thesis concluded that the stock split is effective towards stockrnreturn and trading volume. While Brajga (2014) states that the Trade Volume Activityrnhas decreased after the stock split is because investors don’t see it as an attractive event.rnThis study has resulted in the opposite
| B01966 | (Rack Thesis) | Available |
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