E-Jurnal Akuntansi Universitas Udayana
Vol 14 No 2 (2016)

PERBANDINGAN LIKUIDITAS SAHAM SEBELUM DAN SESUDAH PERUBAHAN FRAKSI HARGA DAN SATUAN PERDAGANGAN

I Kadek Dony Darma Putra Irawan (Fakultas Ekonomi dan Bisnis Universitas Udayana)
I Gusti Ngurah Agung Suaryana (Fakultas Ekonomi dan Bisnis Universitas Udayana)



Article Info

Publish Date
29 Feb 2016

Abstract

On January 6, 2014, the Indonesian Stock Exchange (IDX) implements a new tick size and lot size. This study aims to examine difference in liquidity around the date of adoption of Decree No. KEP-00071/BEI/1-2013. Purposive sampling technique was use for sampling, in order to obtain 90 samples. Observation period is on 5 days before and after the date. The resulted data were carried out on statistically analysis using paired sample t-test. The results indicated a difference in the averages of  trading volume activity before and after the application of the new tick size and lot size, after the event period has shown there are increasing of trading volume activity averages. The results showed that the application of the new rules able to increase stock liquidity, which means the expectation of  Indonesia Stock Exchange successfully achieved.

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Journal Info

Abbrev

Akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi Universitas Udayana adalah jurnal ilmiah elektronik yang diterbitkan secara online setiap sebulan sekali. E-Jurnal ini bertujuan untuk meningkatkan kualitas keilmuan dan menyalurkan minat berbagi serta penyebarluasan pengetahuan bagi para akademisi, mahasiswa, praktisi, dan para ...