The Contrarian: Finance, Accounting, and Business Research
Vol. 2 No. 1 (2023)

The CPO's returns and multi-events in Indonesia

Perlita Sari Rette (Sam Ratulangi University)
Leony Tipaka (Sam Ratulangi University)
Vania Sinambela (Sam Ratulangi University)
Stien Manggopa (Sam Ratulangi University)



Article Info

Publish Date
06 Apr 2023

Abstract

During the period from January 2022 to June 2022, several events in Indonesia tend to have an impact on the palm oil business. This study aims to examine the relationship between CPO's return and market return with 24 firms as the sample. The findings show that the relationship between the returns of CPO's stocks and market returns is weak and unidirectional. It is also found that the systematic risk and return of CPO's stocks tend to be similar between event periods The findings also imply that the events do not result in a significant difference in returns and systematic risk.

Copyrights © 2023






Journal Info

Abbrev

cfabr

Publisher

Subject

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

Description

The Contrarian: Finance, Accounting, and Business Research (CFABR) is a double peer-reviewed journal published by the Yayasan Widyantara Nawasena Raharja. The Contrarian: Finance, Accounting, and Business Research (CFABR) will publish the articles bi-annually. The article submitted to The ...