International Journal of Applied Business and International Management
Vol 7, No 2 (2022): IJABIM VOL. 7 NO. 2

Market Reaction on The Announcement of SRI-KEHATI and FTSE4GBM Indices

Lydia Ivana Kumajas (Student of Doctoral Program Fakultas Ekonomi dan Bisnis Universitas Sam Ratulangi)
Sri Murni (Universitas Sam Ratulangi)
Maryam Mangantar (Universitas Sam Ratulangi)
Ivonne Stanley Saerang (Universitas Sam Ratulangi)
Joy Elly Tulung (Universitas Sam Ratulangi)



Article Info

Publish Date
20 Aug 2022

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

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Journal Info

Abbrev

IJABIM

Publisher

Subject

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

Description

IJABIM aims to feature narrative, theoretical, and empirically-based research articles relevant to international business and business practices. In addition, we strive to develop a community composed of professionals as well as experts from different countries in Asia, in hope to generate good ...