This study aims to analyze the Indonesian hotel stock price performance during pandemic of Covid-19 by testing effect on return and abnormal return. The data were collected from secondary at www.finance.yahoo.com, companies period 26 February 2020 2 March Covid-19. Further, analyzed using Event Study Methodology examine result this finds that there is reaction after announcement in Indonesia 15...

This study contributes to passive portfolio management by comparing four ways for asset allocation. Index investing, mean-variance optimization, equal-weighting and semi-variance optimization are compared as part of the investment strategy aimed at outperforming Dow Jones Industrial Average (DJIA). The best way allocate assets was portfolios looking minimum semi-variance. Yield spreads below pe...

This study aims to determine the heatwave announcement in China can increase Indonesia's coal export potential. On abnormal Return on shares of PT Bumi Resource Tbk (BUMI) and Adaro Energy Indonesia (ADRO). The method used analyze this research is an event study. Hypothesis testing was carried out using normality tests, paired sample t-tests one-sample T-tests. From results study, it found that...

The article analyzed the impact of corporate governance on value Brazilian publicly held companies listed in Stock Exchange, aka B3, during Covid-19 crisis, inferring behavior stocks B3. In study, windows were chosen to reflect maximum fall B3 index, “Ibovespa”, March 3rd, 2020, and its recovery June 1st, 2021, order contemplate full effect main companies’ window, control worked for return shar...

Purpose: This study aims to determine the effect of acquisition company's managerial ability on performance after mergers and acquisitions. CEO overconfidence was added as a moderating in this study. The sample data include companies listed IDX that carried out corporate actions 2014-2018 period. Methodology: sampling technique used is purposive sampling, analysis method SPSS Smart PLS applicat...

Hampir seluruh sektor terkena dampak Corona Virus Disease 19 (COVID-19) termasuk Pasar modal. Indeks Harga Saham Gabungan (IHSG) selama pandemi mengalami penurunan hingga titik terendah di awal bulan April. Penelitian ini bertujuan untuk menguji pengaruh COVID-19 terhadap pergerakan harga saham perusahaan Indonesia dengan menggunakan pendekatan event study. industri pendapatan dan yang signifik...

This study aims to analyze stock market reactions large-scalesocial restrictions policy implementation announcements. Themethod used is event study. 7, 5, and 3 daysevent window 120 days estimation for calculatingabnormal return. The samples of this are 32 companies inthe tourism, hotel, restaurant sub-sector listed in IndonesiaStock Market which were determined by purposive samplingmethod. res...

This study aims to examine the impact of Covid-19 pandemic on Indonesia Composite Index (ICI) and reaction Indonesian capital market events related in Indonesia. There were two observed, first event was announcement positive case Indonesia, second determination status a national disaster by government. Testing effect Covid19 stock prices carried out using an independent sample t-test against av...