scholarly journals Analysis of the Effect of Covid-19 on Stock Prices in IDX30

Author(s):  
Erwin Dyah Astawinetu ◽  

The Covid-19 pandemic has hit Indonesia since March 2020 until now. This health disaster has affect Indonesia's macroeconomic conditions and the performance of many companies. The study examined the effect of the Covid-19 pandemic on the stock prices of all companies included in the IDX30 Index. The hypothesis test used is the average difference test. The results of the study found that the Covid-19 pandemic could have a positive, negative, or no effect on the stock prices of companies included in the IDX30 Index.

2021 ◽  
Vol 39 (11) ◽  
Author(s):  
Hussein Hasan ◽  
Hudaa Nadhim Khalbas ◽  
Farqad Mohammed Bakr AL Saadi

The aim of this research is to study the market reaction to the change of the managing director and how this change affects the abnormal returns of the shares. The research is based on the information published by the companies listed on the Iraq Stock Exchange, and 35 companies were selected for the period from 2015 to 2019. The results of the hypothesis test for this study show that there is a negative and significant relationship between the change of the managing director and abnormal stock returns. On the other hand, investors undervalue stock prices when changing CEOs. As a result, the stock returns are less than expected.


1970 ◽  
Vol 1 (01) ◽  
Author(s):  
Sailendra Sailendra ◽  
Suratno Suratno

A B S T R A C T The main goal is to get investors to invest a high return. The mining company is an industry sector that gives investors hope to get high returns because the sector is undergoing a lot of changes in regulation since 2008. The government has tried to protect the export of raw materials mining and requires employers to process before being exported. Macroeconomic conditions and fundamental factor is that many factors affect stock prices. This study aimed to prove the effect of fundamental factors and macroeconomic conditions toward stock returns on mining companies. The results showed that there are significant fundamental factors and macroeconomic conditions toward stock returns. Fundamental factors that affect the return is the ratio of price to book value, while the macro-economic conditions which proved to affect the return is inflation. A B S T R A K Tujuan utama investor berinvestasi adalah mendapatkan return yang tinggi. Perusahaan tambang merupakan sektor industri yang memberikan harapan investor untuk mendapatkan return tinggi karena sektor ini mengalami banyak perubahan regulasi sejak tahun 2008. Pemerintah berupaya memproteksi ekspor bahan mentah tambang dan mewajibkan pengusaha untuk mengolahnya sebelum diekspor. Kondisi ekonomi makro dan faktor fundamental merupakan faktor yang banyak mempengaruhi harga saham. Penelitian ini bertujuan untuk membuktikan pengaruh faktor fundamental dan kondisi ekonomi makro terhadap return saham pada perusahaan tambang. Hasil penelitian adalah terdapat pengaruh faktor fundamental dan kondisi ekonomi makro terhadap return saham. Faktor fundamental yang ditemukan berpengaruh adalah rasio price to book value, sedangkan kondisi ekonomi makro yang terbukti berpengaruh adalah inflasi. JEL Classification: G14, F62


Author(s):  
T. Tutut Widiastuti A ◽  
Rahayu Kariadinata

The purpose of this study was to obtain learning outcomes by looking at the differences between classes learning of maple 13 application assisted by problem based teaching materials with convensional learning question and answer. The method used in this research is an experimental method with random sampling. The result of thi research are: (a) validation was carried out by competent expert lecturers to assess the feasibility of calculus vector questions to obtain good and very good criteria, so the valid test items were used for research, (b) from the validation results of the test items, 5 questions were used. The research (experiment) of 8 questions was tested, (c) the normality test was carried out on the N-gain and the postest score of class A (experiment), namely the class using Maple 13 application learning assisted by problem-based teaching materials and class B (control class ) by using learning with lectures and questions and answers, obtained a class A posttest score with a sig. 0.03 <0.05 means that class A (experimental) comes from a population that is not normally distributed, then the next test is the average difference test using the Mann Whitney test, (d) the average difference test between class A (experimental), namely the class using learning Maple 13 application assisted with problem-based teaching materials and class B (control class) using learning with lectures and questions and answers obtained from the Mann Whitney test with Asymp. Sig. (2-tailed) = 0.475> 0.05 means that between class A and class B have different averages but have the same level of achievement or there is no difference for the level of achievement of the average increase. Keywords: The Maple 13 Application Assisted By Problem-Based Teaching Materials, Calculus Vector


2018 ◽  
Vol 3 (2) ◽  
Author(s):  
Shinta Dwi Handayani

<p>The purpose of this research is to know the effect of applying the TGT (Team Games Tournament) cooperative method through a medium of puzzle on the mathematics learning outcomes. The method used is an experimental method. The sampling is conducted using a simple random sampling technique, with samples of 40 students consisting of 20 students of an experimental class and 20 students of a control class. The analysis to test the research hypothesis is performed using the mean difference test (t-test), with the results of the hypothesis test showing that there is the effect of applying the TGT (Team Games Tournament) cooperative method through a medium of puzzle on the mathematics learning outcomes.<em></em></p>


Author(s):  
Arif Rahman Hakim ◽  
Rajiman Rajiman ◽  
Rika Nalinda

<p>Abstract: This study aims to determine the economic value of shallot cultivation offseason and in-season. It was conducted in Srigading Village, Sanden District, Bantul Regency on March to July 2017 using comparative study method. Sampling was chosen purposively for village and farmer groups. Samples of farmers taken using proportional sampling and snowball sampling method by 30 peoples. Statistical analysis using the t-test. The results of the study showed that off-season and in-season shallot farming was not significantly different and feasible economically. This is can be seen from the result of t-test of average shallot farmers income is t-count&lt;t-table (0,617&lt;2,048) and sig. (2-tailed) 0,542&gt;0,05, the result of average difference test of farmers profit is t-count&lt;t-table (0,396&lt;2,048) and sig. (2-tailed) 0,695&gt;0,05, while<br />the result of average difference test of business feasibility (R/C ratio) on shallotcultivation is t-count&lt;t-table (0,150&lt;2,048) and sig. (2-tailed) 0,882&gt;0,05. While analysis of farming is average revenue of shallot farmers off-season Rp 20.471.149,3 and in-season Rp 18.081.789,6, average profit of shallot farmers offseason Rp 11.922.949,9 and in-season Rp 10.520.079,9, and average business feasibility (R/C ratio) of shallot farmers off-season 2,39 and in-season 2,33.</p><p> </p><p>Abstrak: Kajian ini bertujuan untuk mengetahui nilai ekonomi budidaya bawang<br />merah lahan pasir pantai off season dan in season. Kajian dilakukan di Desa Srigading<br />Kecamatan Sanden Kabupaten Bantul bulan Maret-Juli 2017 dengan menggunakan<br />metode kajian komparatif. Pengambilan sampel dipilih secara purposive untuk tingkat<br />desa dan kelompok tani. Sampel petani diambil secara proporsional sampling dan<br />snowball sampling sebanyak 30 orang. Analisis statistik menggunakan uji-t. Hasil<br />kajian menunjukkan bahwa secara ekonomi usahatani bawang merah off season dan in<br />season tidak berbeda nyata dan layak diusahakan. Hal ini dilihat dari hasil uji beda<br />rata-rata penerimaan petani bawang merah yaitu t-hitung&lt;t-tabel (0,617&lt;2,048)<br />dan sig.(2-tailed) 0,542&gt;0,05,hasil uji beda rata-rata keuntungan petani bawang merah<br />adalah t-hitung&lt;t-tabel (0,396&lt;2,048) dan sig.(2-tailed) 0,695&gt;0,05, dan hasil uji beda<br />rata-rata kelayakan usaha (R/C ratio) budidaya bawang merah yaitu t-hitung&lt;t-tabel<br />(0,150&lt;2,048) dan sig.(2-tailed) 0,882&gt;0,05. Sedangkan hasil analisis usahatani yaitu<br />penerimaan rata-rata petani bawang merah off season Rp 20.471.149,3 dan in season<br />Rp 18.081.789,6, keuntungan rata-rata petani bawang merah off season Rp 11.922.949,9 dan in season Rp 10.520.079,9, dan kelayakan usaha (R/C ratio) rata-rata petani bawang merah off season 2,39 dan in season 2,33.<br /><br /></p>


2016 ◽  
Vol 16 (2) ◽  
pp. 287
Author(s):  
Sri Ulfa Sentosa ◽  
Ariusni Ariusni ◽  
Alpon Satrianto

ABSTRACTSanjai cracker is a product produced by small food industry entrepreneurs in Bukittinggi. The industrial entrepreneurs in general carried out by households for generations. The purpose of this study was to analyze the differences; 1). entrepreneurial competency businessman men with women entrepreneurs in small industry crackers Sanjai in Bukittinggi, 2). entrepreneurial competency-educated businessman is relatively high with less educated entrepreneurs in small industry crackers Sanjai in Bukittinggi. 3). entrepreneurial competency businessman who has long business experience with entrepreneurs who have experience of new business in small industry crackers Sanjai in Bukittinggi. The number of samples in the study is 44 small industrial entrepreneurs Sanjai crackers. The data in this study consisted of secondary and primary data. The primary data collection use questionnaires. Data were analyzed using the average difference test. The hypothesis test is t test, significance at = 0.05. The research found that; 1). entrepreneurial competency level of male entrepreneurs is significantly different from the female entrepreneurs. 2). the level of entrepreneurial competency is relatively high educated entrepreneurs differ significantly from employers with low education 3). entrepreneurial competency entrepreneurs who have business experience that old does not differ significantly from entrepreneurs who have experience of new business in small industry crackers Sanjai in Bukittinggi.


2019 ◽  
Vol 22 (1) ◽  
pp. 39-50
Author(s):  
Indrayani Indrayani

This study aims to analyze the January Effect phenomenon based on the presence or absence of significant difference between the 5-days average abnormal return in the end of December and 5 days in early January on mining stocks listed on the Indonesia Stock Exchange during the period 2011-2015. The January effect is the tendency of rising stock prices between 31 December to the end of the first week in January. The population of this study is 41 companies and the samples are 35 companies taken using purposive sampling technique. The data used are secondary data in the price of the daily closing of stocks and JCI during the observation period. Data analysis method used is descriptive statistical analysis. The hypothesis testing is conducted using non-parametric difference test which is called as WilcoxonSigned Rank Test. The results showed that there is a significant difference between the 5-days average abnormal return in the end of December and 5 days in early January on mining stocks listed on the Indonesia Stock Exchange during the period 2011-2015, so the January Effect phenomenon has occurred.


2019 ◽  
Vol 2 (1) ◽  
pp. 49-59
Author(s):  
Lailatul Fitriyah ◽  
Rita Yuliana

This research is used to measure the comparison of the financial performance of Islamic banks andconventional banks in general and specifically. The objects used in this research are all Islamic Banks(BI) and Conventional Banks (BC) in Indonesia for the period 2013-2017. Research variables use theReturn on Investment (ROI) ratio to measure financial performance in general and the Return NetOperating Asset ratio (RNOA) to measure financial performance specifically. The test equipment usedwas the average difference test (Independent Sample T-test). The results of this study indicate that theROI ratio of Islamic banks is superior to conventional banks. Whereas in the RNOA ratio, conventionalbanks are superior to Islamic banks.


2017 ◽  
Vol 15 (2) ◽  
pp. 166-185
Author(s):  
Herlitah Herlitah

This study aims to measure the degree of liberalization of the services sector in Korea and Indonesia Mode 3(CommercialPresence)in the WTO and cooperation as well as test singnifikansi AKFTA improvement. The method used to measure the level of liberalization is Hoekman index and the average difference test with t-test was used for testing out sigfikansi increased liberalization between the two countries of the WTO to AKFTA. The results showed that Korea has been more liberal than in Indonesia on the second of this cooperation. In cooperation WTO, Korea open as many as 104 sub-sectors with an average level of liberalization of 0.53 (scale 1), while Indonesia only open as many as 56 sub-sectors with an average index of 0.18. In cooperation AKFTA, Korea increase the number of sub-sectors to 147 with price liberalization level of 0.76. The number of sub-sectors of Indonesia also increased to 72 with an average level of liberalization of 0.22. Increasing the number of sub-sectors and the level of liberalization of Korea and Indonesia from the WTO to AKFTA based on the t-statistic is significant at the 5% level. This means that both countries berliberalisasi significantly to liberalize the services sector. Keywords: Trade in Services, Improved Rate Liberalization, WTO, AKFTA


2016 ◽  
Vol 6 (1) ◽  
pp. 74
Author(s):  
Putri Fika Hidayansyah ◽  
Musa Hubeis ◽  
Abdul Kohar Irwanto

<p><em>The company operational activities </em><em>are </em><em>performed with the purpose to maximize shareholder value</em><em>s; however,</em><em> the company's activities have impacts on environment, social, economi</em><em>y</em><em> and community. </em>In order to comply with the government regulation, companies must conduct Corporate Social Responsibility<em> (CSR), because investors are more interested in companies </em><em>which </em><em>have a good image in the community</em><em>. This leads to</em><em> make consumer loyalty</em><em> higher</em><em> and subsequently increas</em><em>es</em><em> the company's profitability and company's stock value</em><em>s</em><em>. The purpose of this study was to analyze the influence of CSR disclosure on Corporate Financial Performance (CFP) and stock prices. This study used 20 samples of property companies in the Indonesia’s Stock Exchange selected by purposive sampling. </em><em>Data were p</em><em>rocess</em><em>ed</em><em> and analy</em><em>zed</em><em> us</em><em>ing</em><em> Structural Equation Modeling (SEM) with software smartPLS. This research show</em><em>s that</em><em> valid indicator</em><em>s</em><em> measure CSR at property sector </em><em>include </em><em>environment, human rights and society. A valid indicator measur</em><em>ing</em><em> </em><em>financial performance construct</em><em> is</em><em> only Market Value Added (MVA) and stock return </em><em>is the</em><em> valid indicator</em><em> to</em><em> measure stock price construct. The hypothesis test shows that CSR disclosure </em><em>had</em><em> significant effect on CFP,</em><em> but</em><em> the CSR disclosure </em><em>had</em><em> no significant effect</em><em>s</em><em> on stock price</em><em>,</em><em> and CFP </em><em>had</em><em> no significant effect</em><em>s</em><em> on stock prices.</em></p><em>Keywords </em><em>: corporate social responsibility, financial performance, stock price, property sector</em>


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