Bulletin of Management and Business
Vol. 3 No. 1: Maret 2022

Studi Buyback Saham BUMN Di BEI Pada Masa Pandemi Covid 19

Lindananty (STIE Malangkucecwara Malang)
Mohamad Soedarman (STIE Malangkucecwara Malang)



Article Info

Publish Date
29 Mar 2022

Abstract

Abstract Stock buyback during the Covid 19 pandemic in 2020 which is intended to encourage the economy and increase stock prices that have decreased. To prove that these expectations are achieved or not, this study examines the differences in abnormal returns (AR) of stocks and trading volume activity (TVA) before and after share buybacks with a sample of 7 BUMN issuers who have realized share buybacks until the end of June 2020. Paired sample test results The t test shows that the p value of the AR variable is 0.042, which is smaller than = 0.05. Likewise, the p value of the TVA variable is 0.002 <0.05, which means that there is a difference between AR and TVA before and after the buyback of the shares of the 7 BUMN companies.

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Journal Info

Abbrev

bmb

Publisher

Subject

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

Description

Bulletin of Management and Business or abbreviated as BMB is national journal, peer reviewed, open access, online journal of applied research in the field of management and  business area. it is designed to provide a rapid dissemination of original, up to date ideas and timely and significant ...