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All Journal International Journal of Applied Business and International Management
Ivonne Stanley Saerang
Universitas Sam Ratulangi
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences Other

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Market Reaction on The Announcement of SRI-KEHATI and FTSE4GBM Indices Lydia Ivana Kumajas; Sri Murni; Maryam Mangantar; Ivonne Stanley Saerang; Joy Elly Tulung
International Journal of Applied Business and International Management (IJABIM) Vol 7, No 2 (2022): IJABIM VOL. 7 NO. 2
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (193.324 KB) | DOI: 10.32535/ijabim.v7i2.1607

Abstract

This study aims to determine the market reaction to the announcement of additional shares on the SRI-KEHATI and FTSE4Good (F4GBM) Index during the Covid 19 2020 and 2021 periods. The indicator of market reaction is observed through Trading Volume Activity (TVA). The results show that there is a significant TVA around the announcement date on both observed indices, this study uses an event study
Co-Authors Joy Elly Tulung Lydia Ivana Kumajas Maryam Mangantar Sri Murni