scholarly journals Dampak Covid-19 terhadap Fluktuasi Harga Saham dan Volume Transaksi Saham pada Perusahaan Subsektor Telekomunikasi Yang Terdaftar di Bursa Efek Indonesia

2021 ◽  
Vol 5 (1) ◽  
pp. 73
Author(s):  
Listya Devi Junaidi ◽  
Lukman Hakim Siregar ◽  
Malesa Anan

The impact of the spread of the COVID-19 outbreak is not only detrimental to human health but also detrimental to the country's economy both domestically and abroad. After the announcement of the entry of this outbreak to Indonesia on March 2, 2020, the government tried to make various efforts to reduce the spread of this virus, namely by conducting social distancing, work from home (WFH) and, teaching and learning activities from home. This activity requires people to always be in touch with electronic media such as laptops, smartphones, etc. However, this situation has benefited subsector Telecommunication companies where the need for internet services is increasing. This study aims to determine how the comparison of stock prices and share transaction volume in telecommunication sub-sector companies before and after the announcement of the spread of COVID-19 in Indonesia. This research uses A normality test and hypothesis test Paired Sample T-Test. The results of this study indicate that COVID-19 has a significant impact on the value of stock prices and the volume of stock transactions in the telecommunications sub-sector where the value of stock prices and the volume of stock price transactions that had previously increased but decreased.

2021 ◽  
Vol 4 (2) ◽  
pp. 234-245
Author(s):  
Farhan Maulana ◽  
Ahmad Mulyadi Kosim ◽  
Abrista Devi

For companies that collect funds from the public through capital from capital market, it can be used to meet capital needs and finance the company’s operation. So that company is expected not to rely on commercial debt financing both from within the country and abroad. With stock split, it is hoped that it will increase investors’ interest in buying affordable shares. This study aims to determine whether the stock split has an effect on stock prices, trading volume, and stock return. The method used by the researcher uses quantitative secondary data methods by using descriptive statistical data test, then use the kolgomorov smirnov normality test, and using theaverage paired sample test. The results of this research is that: 1) stock price have a significant effect after the stock split occurs, 2) while the trading volume has no significant effect after the stock split occours, 3)  then stock return has a siginificant impact before and after the stock split because it is expected to have a positive impact for issuers and investors.


2021 ◽  
Vol 4 (2) ◽  
pp. 85-96
Author(s):  
Kevin Ronaldo Gotama ◽  
Njo Anastasia

A promising investment in the property sector is due to appreciation in property value. As an economic instrument, the stock market, inseparable from different environmental factors, was triggered by incident in Wuhan, Hubei Province, China, an outbreak of acute respiratory tract infection 2 (SARS-CoV-2) in December 2019 and then spread across China. This study is a comparative study on the stock index of the property sector on the stock exchange of countries affected by the Corona Virus Disease 2019 (COVID-19) case, with a purposive sampling technique according to certain criteria for sample selection. The event analysis was performed by analyzing market reaction; with COVID-19 incident effect as one of the event tests, the stock price index. The findings of the study indicate that there is an index response to the incident of COVID-19. The reflected reaction shows in the abnormal return and trade volume activity before and after the incident. Thus, this study is expected to be taken into consideration for stock investors regarding the impact of the Corona Virus Disease 2019 (COVID-19) pandemic on stock prices, by providing an overview of changes in stock prices during the monitoring period, so that they can make investment decisions in the period before and after incident.


Author(s):  
Gustina Romaria

The study aims at identifying the public speaking communication skills among the students of Mercu Buana University Meruya, West Jakarta, before and after the implementation of the storytelling method. In addition, the study also aims at identifying the presence or the absence of the impact of the storytelling method on the public speaking communication skills of the Mercu Buana University students in Meruya, West Jakarta. By using the SPSS Version 20, 40 students have been gathered as the samples of the study and these students come from all faculties in the Mercu Buana University. After the data have been gathered, the data are analyzed using the descriptive statistical test and the hypothesis test. In this regard, the researchers have implemented the normality test and the hypothesis test. The hypotheses within the study are tested using the following criteria: (1) if the rate of significance < a (sig. value < 0.05) then Ho is rejected and Ha is accepted; and (2) if the rate of significance > a (sig. value > 0.05) then Ho is accepted and Ha is rejected. The results of the study show that the students of Mercu Buana University have understood the concept and the implementation of the storytelling method. From the results of the analysis toward the assessment category of the storytelling method, out of 8 assessment variables 3 variables do not have significant influence on the storytelling method that the students of Mercu Buana University have implemented and the three variables are Pressure, Material Disclosure, and Participant Gesture. In addition, the results of the paired sample t-test there are significant differences between the pre-test results and the post-test results. These findings show that the storytelling method is highly influential for the changes on the public speaking communication skills that the students of Mercu Buana University perform.


2020 ◽  
Vol 11 (5) ◽  
pp. 1
Author(s):  
Jae Hoon Min

This paper examines the impact of IPOs on the stock prices of competing companies in the same industry in the Korean stock market. By observing the stock price responses of competitors at the time of IPO announcement and listing, this study attempts to separately examine the effect of IPO's information transfer and its impact on the stock demand of competitors. Before and after the IPO announcement, the stock prices of competitors did not change significantly. On the other hand, during the period surrounding the IPO stock listing, the stock price of competitors showed a significantly negative decline. This suggests that as the IPO stock related information was revealed through the public offering process, it negatively affected the stock price of competing companies. Also, the listing of IPO stocks seems to have adversely affected the stock demand for competing companies. In particular, among the effects of information transfer, the competitive effect is overwhelming, and the factors that influence relative competitiveness in the industry between competitors and an IPO company, such as operating profitability and R&D investment, are found to have a substantial influence on the share price of competitors.


2019 ◽  
Vol 22 (01) ◽  
pp. 1950006
Author(s):  
Sulaiman Al-Jassar

This paper investigates the roles played by technicians and fundamentalists in the emerging stock market of Kuwait. The impact on stock prices of traders whose actions are founded on technical analysis is differentiated from the impact of traders whose actions are based on fundamental analysis. This differentiation is performed by formulating, estimating and testing a model relating changes in stock prices to the actions of fundamentalists, technicians and the government. Both technicians and fundamentalists are found to contribute to stock price determination, with the former contribution appearing more significant, even when accounting for governmental intervention. Some explanations for these findings are presented.


SENTRALISASI ◽  
2022 ◽  
Vol 11 (1) ◽  
pp. 15
Author(s):  
Rifqi Aliza Syukhron ◽  
Aprih Santoso ◽  
Ardiani Ika Sulistyawati

The purpose of this study was to examine the effect of CR, ROE, DER, ROA on stock prices of pharmaceutical sub-sector companies listed on IDX) 2013-2019. The population of this research is all pharmaceutical sub-sector companies listed on IDX during 2013-2019, which amount to 8 companies. The technique of determining the sample is by purposive sampling. The test instruments used in this research are: normality test, heteroscedasticity test, multicollinearity test, coefficient of determination, model test (F test) and hypothesis test (t test). The data analysis method used multiple linear regression. The results show that there is no influence between CR, DER and ROE on stock prices in pharmaceutical sub-sector companies listed on IDX in 2013-2019. . There is a positive and significant influence between ROA on the company's stock price, in the pharmaceutical sub-sector companies listed on IDX in 2013-2019).


Author(s):  
Jacqueline K. Eastman ◽  
Rajesh Iyer ◽  
Joan M. Wiggenhorn

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;"><em style="mso-bidi-font-style: normal;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">Advertisers are under pressure to demonstrate the financial effectiveness of their advertising.<span style="mso-spacerun: yes;">&nbsp; </span>Event study methodology utilizing measurement and comparison of stock prices may be one way to address this concern.<span style="mso-spacerun: yes;">&nbsp; </span>In this study, our results suggest that while advertising in the Super Bowl does not have a significant positive impact on a firm&rsquo;s stock price the day after the Super Bowl, when considering windows from two to four days before and after there is a significant positive stock price effect.<span style="mso-spacerun: yes;">&nbsp; </span>Additionally, we found the current method advertisers use to judge the effectiveness of Super Bowl advertising (i.e. likeability with the USA Today poll and Advertising Age poll) had no significant relationship with financial effectiveness as measured by stock price.<span style="mso-spacerun: yes;">&nbsp; </span>This suggests that the methods marketers use to judge Super Bowl advertising effectiveness may not be good measures of success in financial terms.<span style="mso-spacerun: yes;">&nbsp; </span>Finally, our results suggest that if a firm does choose to advertise in the Super Bowl, they may want to pick the second quarter for their ad and that they need to maximize pre-Super Bowl publicity due to the impact on stock price before the Super Bowl. </span></span></em></p>


2020 ◽  
Vol 4 (2) ◽  
pp. 150
Author(s):  
Farzana Sharmin Pamela Islam

As 21st century is the era of modern technologies with different aspects, it offers us to make the best use of them. After tape recorder and overhead projector (OHP), multimedia has become an important part of language classroom facilities for its unique and effective application in delivering and learning lesson. Although in many parts of Bangladesh, a South Asian developing country, where English enjoys the status of a foreign language, the use of multimedia in teaching and learning is viewed as a matter of luxury. However, nowadays the usefulness and the necessity of it are well recognized by the academics as well as the government. The study aims to focus on the difference between a traditional classroom void of multimedia and multimedia equipped classrooms at university level by explaining how multimedia support the students with enhanced opportunity to interact with diverse texts that give them more in-depth comprehension of the subject. It also focuses on audio-visual advantage of multimedia on the students’ English language learning. The study has followed a qualitative method to get an in-depth understanding of the impact of using multimedia in an English language classroom at tertiary level. For this purpose, the data have been collected from two different sources. Firstly, from students’ written response to  an open ended question as to their comparative experience of learning  lessons with and without multimedia facilities; and secondly, through  observation of English language classes at a private university of Dhaka, the capital city of Bangladesh. The discussion of the study is limited to  the use of multimedia in English language classroom using cartoons, images and music with a view to enhance students’ skills in academic writing, critical analysis of image and critical appreciation of music. For this purpose, cartoons in English language, images from Google and music from You Tube have got focused discussion in this paper.


Author(s):  
Ding Ding ◽  
Chong Guan ◽  
Calvin M. L. Chan ◽  
Wenting Liu

Abstract As the 2019 novel coronavirus disease (COVID-19) pandemic rages globally, its impact has been felt in the stock markets around the world. Amidst the gloomy economic outlook, certain sectors seem to have survived better than others. This paper aims to investigate the sectors that have performed better even as market sentiment is affected by the pandemic. The daily closing stock prices of a total usable sample of 1,567 firms from 37 sectors are first analyzed using a combination of hierarchical clustering and shape-based distance (SBD) measures. Market sentiment is modeled from Google Trends on the COVID-19 pandemic. This is then analyzed against the time series of daily closing stock prices using augmented vector autoregression (VAR). The empirical results indicate that market sentiment towards the pandemic has significant effects on the stock prices of the sectors. Particularly, the stock price performance across sectors is differentiated by the level of the digital transformation of sectors, with those that are most digitally transformed, showing resilience towards negative market sentiment on the pandemic. This study contributes to the existing literature by incorporating search trends to analyze market sentiment, and by showing that digital transformation moderated the stock market resilience of firms against concern over the COVID-19 outbreak.


Author(s):  
Jinghai Shao ◽  
Sovan Mitra ◽  
Andreas Karathanasopoulos

AbstractIn this paper we provide a stock price model that explicitly incorporates credit risk, under a stochastic optimal control system. The stock price model also incorporates the managerial control of credit risk through a control policy in the stochastic system. We provide explicit conditions on the existence of optimal feedback controls for the stock price model with credit risk. We prove the continuity of the value function, and then prove the dynamic programming principle for our system. Finally, we prove the Viscosity Solution of the Hamilton–Jacobi–Bellman equation. This paper is particularly relevant to industry, as the impact of credit risk upon stock prices has been prominent since the commencement of the Global Financial Crisis.


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