Jurnal Organisasi Dan Manajemen
Vol. 17 No. 1 (2021): January - June

Does Friday-Monday Dance with Harmony?

Asnawi, Said Kelana (Unknown)
Wijaya, Chandra (Unknown)
Siagian, Dergibson (Unknown)
Alzah, Salam Fadillah (Unknown)

Article Info

Publish Date
02 Jun 2021

Abstract

This research is about the weekend effect, a combination of Friday and Monday, and its impact on Monday trading volume. It was found that there was no association between Friday return and Monday return. Still, they occur a combination both Friday and Monday negative return was more than combination both Friday and Monday positive return. There are both combinations (Friday and Monday), and price fluctuation has not affected Monday's volume. There is also no difference in characteristics between groups: Friday and Monday negative return and Friday and Monday positive return. Thus, Friday-Monday dances with harmony; the efficient market occurs. Keywords: Weekend Effect; Trading Volume; Liquidity; Risk-Return; Market Efficient

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Journal Info
Jurnal Organisasi Dan Manajemen
Website

Abbrev

JOM

Publisher

Universitas Terbuka

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Merupakan media informasi dan komunikasi para praktisi, peneliti, dan akademisi yang berkecimpung dan menaruh minat serta perhatian pada pengembangan organisasi dan manajemen. Diterbitkan oleh Lembaga Penelitian dan Pengabdian kepada Masyarakat, Universitas ...