Please use this identifier to cite or link to this item: http://dspace.uc.ac.id/handle/123456789/59
Title: Reaksi Pasar Terhadap Pengumuman Employee Stock Ownership Program
Authors: Herdinata, Christian
Keywords: ESOP (Employee Stock Ownership Program), Marker Reaction, Signaling, Hypothesis, Event Study.
Issue Date: Jan-2012
Publisher: Jurnal Akreditasi Ilmiah ISSN: 1410-8089 SK.No.64a/DIKTI/Kep/2010 – Volume 16, Nomor 1, Januari 2012, Program Studi Keuangan dan Perbankan, Universitas Merdeka Malang, Hal: 77-85
Abstract: In indonesia, the increasing of ESOP is relative knowing new, so it need any evidence for the market reaction in Indonesia stock exchange. From the latest problem, so purpose of this research knowing how the market reaction for the announcement of ESOP in Indonesia Stock Exchange. Sample on this research are the companies which have list in BEI that have announced ESOP for period 1 January 2000 – 31 December 2010. Analysis technically on hypotesis test related with market reaction for ESOP announcement did by event study to calculate abnormal return. Research result showing that market belong to ignore ESOP announcement. And it means that ESOP announcement didn’t consider as a signaling, which give a good information for the investor in Indonesia to achieve profit.
URI: http://dspace.uc.ac.id/handle/123456789/59
Appears in Collections:Lecture Papers National Published Articles

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