This study aimed to discern the short-term influences of Covid-19 pandemic on Indonesia Stock Exchange. The stocks from nine industries in Exchange were putting use this study. In study, cumulative abnormal return was calculated by applying data taken 59 days trading after confirmation notice first case Indonesia. result depicted a Return event window (+1,+9) dropped drastically, which later bo...

We examine the evidence from the long-run abnormal returns using data for 76 health care and biopharmaceutical initial public offerings (IPOs) listed in a 29-year period between 1986 and 2014 in the Association of Southeast Asian Nations (ASEAN) countries such as Indonesia, Malaysia, Singapore, Thailand, the Philippines, Vietnam, Myanmar, and Laos. Based on the event-time approach, the 3-year s...

This paper analyzes the impact of hurricanes on insurance stock returns in United States. The objective is to assess reaction prices caused by using an extensive data sample consisting costliest since 2004. We aim understand price reactions and provide possible explanations for observed results. main outcome a negative abnormal return all examined time windows. Analyses factors show that high-c...

The aim of this study is to explain the existence significant differences in abnormal returns before and after dividend announcement. This uses an event approach. research locations used are companies that announce their dividends on IDX for 2016-2020 period. a sample issuers from all sectors with representatives 5 9 existing who announced at time occurred. analytical technique paired t test. B...

Beating the market is impossible, according to efficient hypothesis (EMH), because existing share prices always encompass and represent all relevant information. An builds boldness of investors. It states that no individual investor can attain abnormal returns on announcement any information exchange quickly adjusts itself new The main purpose this study investigate impact union budget 1st Feb ...

The existing literature on audit opinion shopping provides inconsistent evidence on whether such shopping has any association with abnormal audit fees. In this paper, we hypothesize that firms engage in audit opinion shopping and pay an abnormal audit fee only when their degree of accounting quality is low. To examine the issue, we group firms on the basis of their change in return on assets (R...