The Effect of Financial Literacy on Malang District Society’s Financial Behavior

The purpose of this study is to determine investors' reactions to the announcement of the 2017-2019 dividend payment plan in the food and beverage sector listed on the Indonesia Stock Exchange. This type of survey is an empirical survey using the event survey method which aims to investigate the market reaction to events whose information is published as announcements. The data used in this study is secondary data, namely data taken from other data sources, not collected by the researcher himself. Data obtained from the Indonesia Stock Exchange Corner. The data analysis method is to calculate the actual daily stock return for each stock during the event and use the expected model to estimate the expected return. When we tested the comparison of the average rate of return (AAR) of stocks during the pre-announcement period, the average rate of return was -0.065813, but seven days after the announcement, the average rate of return was -0.000720. We tested the difference between 15 days before the announcement and 15 days after the announcement and found that the t-value was 2.996 and the significance was 0.001.

Section: Literature Reviewmentioning

confidence: 99%

Share Market Response to the Announcement of Dividend Payment Plan in the Food and Beverage Sector Registered in Indonesia Stock Exchange

Hamanda¹,

Mursidi

Warsono

2021

“…The purpose of a general company is to maximize profit, but maximizing profit is considered inappropriate as a basis for making decisions in the financial sector, experts in the field of finance formulate the normative goal of a company to maximize the value of the company. Therefore, the value of the company becomes very important because it reflects the company's performance which can affect investors' perceptions of the company (Satiti & Sa'diyah, C., 2020). If the company's value is good, then the company's performance is good because the company's value reflects a company's condition.…”

Section: Literature Reviewmentioning

confidence: 99%

The Effect of Capital Structure on Company Value in Automotive and Component Sector Companies in Go Public Period 2015 - 2019

Ardiansa¹,

Wiyono

Fitriasari

2021

This study aims to analyze the capital structure, firm value in the go public automotive and component sectors as well as the effect of capital structure on firm value. The analysis technique used is simple regression analysis with the SPSS program. The sample used is 9 companies taken using the purposive sampling method. The Independent variable is proxied by DER (Debt to Equity Ratio) and PBV (Price to Book Ratio). The results of the analysis show that the variables of capital structure and firm value have a significant negative effect. This means that a decrease in the capital structure will increase firm value.

“…Therefore, the community can allocate their funds in a useful way. Companies must pay attention to their investors so that it is not easy to attract their investments because investments in securities are volatile (Satiti & Sa'diyah, 2020). There are several ways to increase stock trading liquidity, namely from most companies doing stock splits.…”

Section: Introductionmentioning

confidence: 99%

Impact of Before and After Stock Split on Trading Volume Activity, Stock Returns, and Abnormal Returns

Rahman¹,

Widagdo

Ambarwati

2021

Capital market are venues where are channeled between the suppliers who have funds and those who are in need of capital. One of the corporate actions to influence the number of shares and share's value to attract the investor is stock split. To looking of the effect stock split of the company can be seen from trading volume activity, return, and abnormal return. In this research discusses the effect of the stock split events can affect trading volume activity, return of shares, and abnormal return by looking at the difference in trading volume activity, return of share, and abnormal return both before and after the stock split. Event window of this research which is 5 days before and 5 days after the stock split events. The data collected are historical data taken from various sources on the internet. The samples are based on purposive sampling, in this research using kolmogorov smirnov test for the normality data and using wilcoxon sign rank test to obtain the result. In this research declared that the stock split positively affects to trading volume activity. And the stock split will not affect both returns and abnormal returns.