Tuesday, December 18, 2012

Analisis Investasi dan Manajemen Portofolio


DAMPAK PENGUMUMAN RIGHT ISSUE TERHADAP ABNORMAL RETURN DAN RETURN SAHAM DI BURSA EFEK INDONESIA




Tandika Fangliana

NIM : 121010031



ABSTRACT


Funding is one of the most important issue in a company. They can acquire  it from two different sources:Internal funding and external funding. Internal fundings were created from retained earnings, as for external fundings can be obtained from issuance of shares through the Initial Public Offerings (IPO). A half efficiency market will have a reaction to an information or announcements. The announcement issued by companies like Right Issue has an impact for the market. Here we will see if the announcement Right Issue have an effect on the market of the Abnormal Return around the date of announcement. The study sampled companies is listed on the Indonesian Stock Exchange doing Right Issue.

Keyword: Right Issue, Abnormal Return, Return saham