STOCK SPLIT DAN REAKSI INVESTOR: ANALISIS PERUBAHAN ABNORMAL RETURN, VOLUME PERDAGANGAN, DAN HARGA SAHAM

Authors

  • Hajaiirin Husaini Nainggolan Universitas Malikussaleh
  • Nur Afni Yunita Universitas Malikussaleh

DOI:

https://doi.org/10.34208/ejatsm.v6i3.3414

Keywords:

Abnormal Return, Stock Trading Volume, Stock Price, and Stock Split.

Abstract

This study aims to examine the differences in abnormal returns, stock trading volume, and stock prices before and after stock splits in companies listed on the Indonesia Stock Exchange in 2021-2024. The data used in this study is secondary data. The population in this study consists of all 943 companies listed on the Indonesia Stock Exchange, and the sample size in this study is 47 companies determined using purposive sampling. The data analysis method in this study uses the Wilcoxon signed rank-test nonparametric test. The results show that there is a negative difference in abnormal returns and stock prices, but for stock price volume, the results show that there is no significant difference before and after the stock split in companies listed on the Indonesia Stock Exchange for the 2021-2024 period.

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Published

2026-09-30

Issue

Vol. 6 No. 3 (2026): E-Jurnal Akuntansi TSM

Section

Articles

License

Copyright (c) 2026 E-Jurnal Akuntansi TSM

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

How to Cite

“STOCK SPLIT DAN REAKSI INVESTOR: ANALISIS PERUBAHAN ABNORMAL RETURN, VOLUME PERDAGANGAN, DAN HARGA SAHAM”. 2026. E-Jurnal Akuntansi TSM 6 (3): 57-70. https://doi.org/10.34208/ejatsm.v6i3.3414.