ANALISIS PENGARUH KONDISI POLITIK DALAM NEGERI TERHADAP ABNORMAL RETURN DAN TRADING VOLUME ACTIVITY SAHAM JII (STUDI KASUS RESHUFFLE KABINET KERJA II PEMERINTAHAN JOKO WIDODO)
Author(s)ACHMAD RIZAL, NIM. 13390122
KeywordsManajemen Keuangan Syariah
Full recordShow full item record
AbstractMany factors affect capital markets. Broadly, these factors can be devided into factors of economic and non-economic factors. Politics is one of the noneconomic factors which affect capital markets. On July 27, 2016 President Jokowi announced the cabinet reshuffle part II with a focus on improving the performance of government in the economy.This could be good news or bad news for the capital market players. If the announcement contains information, then the market will also respond. The aim of this research is to analyze the influence of political conditions in the country, in this case is a cabinet reshuffle to the listed shares on Jakarta Islamic Index, seen from the abnormal return and abormal trading volume activity. This is an event study research by using mean adjusted model method to calculate the abnormal return. Observation period used is ten days beforeand after the event. The result shows that there are significant abnormal returns around the observation periods. As for abnormal trading volume activities during the observation periods are not significant. This research also shows that islamic capital market in Indonesia is semi strong form.
ACHMAD RIZAL, NIM. 13390122 (2017) ANALISIS PENGARUH KONDISI POLITIK DALAM NEGERI TERHADAP ABNORMAL RETURN DAN TRADING VOLUME ACTIVITY SAHAM JII (STUDI KASUS RESHUFFLE KABINET KERJA II PEMERINTAHAN JOKO WIDODO). Skripsi thesis, UIN SUNAN KALIJAGA YOGYAKARTA.