Analisis Reaksi Pasar terhadap Pengumuman Dividen pada Perusahaan Sektor Konsumen Primer yang Tercatat di Bursa Efek Indonesia (BEI)

Karamina Amalia, Fathurrahman Anwar

Abstract


This study aims to determine the market reaction to dividend announcements in primary consumer sector companies listed on the Indonesia Stock Exchange (IDX). This study uses panel data with 16 companies with 133 data on cash dividend announcements in the Primary Consumer Sector Listed on the Indonesia Stock Exchange (IDX) for the period 2012-2021. The analytical method used is an event study using SPSS 25, which includes a 30-day estimation period and a 21-day window period. The sampling technique used is purposive sampling. Based on the test results, there is no difference in stock differences before and before the announcement of the increase and the announcement of cash dividends. However, the difference in stock differences before and before the dividend announcement remains in the primary consumer sector companies listed on the Indonesia Stock Exchange (IDX) for the 2012-2021 period.


Keywords


Abnormal Return; Market Reaction; Dividend Announcement; Event Study

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DOI: https://doi.org/10.24815/jimen.v9i1.23562

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Tim Redaksi:

Jurusan Manajemen Fakultas Ekonomi dan Bisnis, Universitas Syiah Kuala

Lantai II Gedung Induk

Darussalam, Banda Aceh, 2311

email: jim.manajemen@feb.usk.ac.id

 
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