SKRIPSI MBS
Reaksi Pasar Modal Indonesia Terhadap Kemenangan Joe Biden Dalam Pemilihan Presiden Amerika Serikat Tahun 2020
ABSTRACT
The purpose of this study was to analyze the differences in abnormal returns
and trading volume activity on stocks in the LQ45 index during the period before
and after Joe Biden's victory in the 2020 United States presidential election.
The research method in this research is an event study. The data used in this
study are secondary data with the research sample containing stocks that are
included in the LQ45 Index for the period August 2020 - January 2021 and do not
take corporate actions during the observation period. The statistical test used to
test the hypothesis is the paired sample t-test and the Wilcoxon signed rank test.
The results of the analysis of the abnormal return test using the paired
sample t-test showed that there was no difference in abnormal returns between
before and after the event. Meanwhile, the results of the trading volume activity test
analysis show that there are differences in trading volume activity in the period
before and after Joe Biden's victory in the 2020 United States presidential election.
Keywords: event study, LQ45 index, abnormal return, trading volume activity,
political events.
Tidak ada salinan data
Tidak tersedia versi lain