Lestari, Retsi Ayu (2018) (Peer Review + Similarity) Relevansi Cum-Dividend Date dengan Perubahan Harga Saham pada Sektor Manufaktur di Bursa Efek Indonesia. UMSurabaya Publishing., Surabaya.
![[img]](http://repository.unmuhjember.ac.id/style/images/fileicons/text.png) |
Text
Peer Review Relevansi Cum-Dividend Cobined.pdf Download (4MB) |
Abstract
This study focuses on analyzing the stock price changes in the days around the cum-dividend date. Cum-dividend date is the date when the shareholders are entitled to receive the dividend already declared, which will be paid on the predetermined date. The sample of this study consists of 37 manufacturing companies that are continuously distributing dividends from 2014 to 2016. The results show stock prices tend to be higher on the cum-dividend date. The analysis on year 2015 data shows that significant stock price differences were found only between the cum-dividend date and the first day after cum-dividend date. Different results are found for data of 2016, where significant stock price differences occur between cum-dividend date and day one, day two, and day three after cum-dividend date. The implication of the research result is that cum-dividend date has the potential to become one of investment strategy in capital market.
| Item Type: | Peer Review |
|---|---|
| Subjects: | 300 Social Science > 330 Economics > 332 Financial Economics, Finance |
| Divisions: | Faculty of Economics > Department of Management (S1) |
| Depositing User: | Retsi Ayu Lestari |
| Contact Email Address: | ayu.retsi@gmail.com |
| Date Deposited: | 18 Oct 2019 01:22 |
| Last Modified: | 18 Oct 2019 01:22 |
| URI: | http://repository.unmuhjember.ac.id/id/eprint/2478 |
Actions (login required)
 |
View Item |