Efeito da Governança Corporativa nos Retornos das Ações em Decorrência do Anúncio da Recompra

Objective: The objective of this study is to analyze whether or not the stock prices of companies respond to the announcement of the share buyback and what are the possible influences that the adoption of stricter corporate governance practices may have on the results.Method: A quantitative research was carried out on 329 public share buyback announcements, carried out by 99 companies, from 2003 to 2014. The quantitative part of this study used the ex-post-facto research technique, with data secondary and event study work methods.Originality/Relevance: The increase in cash distribution by companies through the repurchase of shares, the evidence of an abnormal return on shares as a result of the repurchase and whether or not the adoption of better corporate governance practices reduce information asymmetry in the market, has led researchers to analyze whether or not there is a relationship between the level of governance and the return on shares as a result of the announcement of the share buyback event.Results: The results indicate that there is evidence of an abnormal return in the Brazilian market before, during and after the announcement of the share buyback event. Regarding the adoption of corporate governance practices used by companies, no evidence was found that the adoption of stricter corporate governance practices reduces asymmetry.Theoretical/Methodological contributions: The research contributes to the discussion of the theme in the Brazilian stock market and to broaden the discussion in the literature if the adoption of best corporate governance practices reduces the asymmetry.

Download Full-text

PENGARUH PEMBELAJARAN INSERT EKONOMI SYARIAH, PENGETAHUAN PRODUK, LINGKUNGAN SOSIAL DAN RELIGIUSITAS TERHADAP MINAT MENABUNG DI BANK SYARIAH

ISTITHMAR: Jurnal Pengembangan Ekonomi Islam ◽

10.30762/itr.v5i2.3367 ◽

2021 ◽

Vol 5 (2) ◽

Author(s):

Nur Lita Faridah ◽

Luqman Hakim ◽

Tri Sudarwanto

Keyword(s):

Social Environment ◽

Quantitative Research ◽

Linear Regression Analysis ◽

Boarding School ◽

Multiple Linear Regression Analysis ◽

Product Knowledge ◽

Islamic Banks ◽

Ex Post ◽

Analysis Technique ◽

Ex Post Facto

This study aims to analyze the effect of the research variables including the insertion of Islamic economics, product knowledge, social environment and religiosity on interest in saving at Islamic banks in high school/MA students at Darul Ulum Islamic Boarding School. This research is a quantitative research using ex-post facto method. The population and sample in this study were students of SMA/MA Darul Ulum Islamic Boarding School class XI IIS with a total of 378 and the number of samples used was 100 students. Data collection techniques using a questionnaire. The data analysis technique used multiple linear regression analysis. The results showed that the insertion of Islamic economics learning and the social environment had a significant effect on students' saving interest in Islamic banks, while product knowledge and religiosity variables had no effect on interest in saving in Islamic banks. Simultaneously, the insertion of Islamic economics learning, product knowledge, social environment and religiosity affect the interest in saving in Islamic banks in the students of the Darul Ulum Islamic Boarding School Jombang.Key word: Economic Learning Insert Sharia Economics, Product Knowledge, Social Environment, Religiosity, Interest in Savings in Islamic Banks

Download Full-text

Pengaruh Metode Pendidikan al-Qur�an Orang Dewasa terhadap Kemampuan Membaca al-Qur�an

IQRO: Journal of Islamic Education ◽

10.24256/iqro.v1i1.309 ◽

2018 ◽

Vol 1 (1) ◽

pp. 1-24

Author(s):

Hafsari Hafsari Hafsari

Keyword(s):

Data Analysis ◽

Reading Ability ◽

Quantitative Research ◽

Linear Regression Analysis ◽

Homogeneity Test ◽

Validity And Reliability ◽

Normality Test ◽

Ex Post ◽

Ex Post Facto

This study aims to determine the method of adult Al-Qur'an education (Dirosa) on the ability to read the Koran. This research is descriptive quantitative research with the ex-post facto design. Determination of the sample is 50% of the population entitled 90, namely 45 research samples. The research data use questionnaire and test instruments that have been tested for validity and reliability. Before carrying out data analysis, the data were tested first, namely normality test and homogeneity test. Data analysis The results of the study used descriptive statistical analysis and hypothesis analysis. The results showed that: (1) the method of adult Al-Quran education (Dirosa) as a whole respondents who answered always (SL) by 65%, who answered frequently (SR) by 30%, who answered sometimes (KD) for 5%, who answer rarely (JR) and never (TP) by 0%; (2) Ability to read al-Qur'an respondents with excellent predicate of 43 or 96%, good predicate of 2 or 4%, predicate sufficient, predicate less and predicate failed at 0 or 0%; (3) Based on the results of a simple linear regression analysis to determine the effect of adult Al-Qur'an education methods (variable X) on the ability to read the Qur'an (Variable Y) with the independent variable (method Dirosa) to the honest variable ( Qur'anic reading ability is 67.2%, while other variable costs. Significance value is 0,000 <0,05 so H0 is rejected and H1 is accepted, which means there is a significant (significant) influence of the Dirosa (X) method variable on the ability to read the Qur'an (Y). The interpretation of the r-value of 0.820 shows very strong

Download Full-text

Is the market swayed by press releases on corporate governance? Event study on the Eurostoxx banks

Corporate Ownership and Control ◽

10.22495/cocv15i3art2 ◽

2018 ◽

Vol 15 (3) ◽

pp. 23-31 ◽

Cited By ~ 2

Author(s):

Marina Brogi ◽

Valentina Lagasio

Keyword(s):

Corporate Governance ◽

Event Study ◽

Stock Prices ◽

Investment Decisions ◽

Press Releases ◽

European Banks ◽

Study Methodology ◽

The Impact ◽

Governance Disclosure ◽

Event Study Methodology

Are press releases on Corporate Governance price sensitive? What is the impact of Corporate Governance information on stock prices of banks? This paper addresses these questions by applying an event study methodology on 70 press releases published by the Euro area banks listed on the Eurostoxx banks Index, from 2007 to 2016. Systemic shocks are explored as well idiosyncratic ones. Our results show that investment decisions are significantly but negatively influenced by the disclosure of a press release on corporate governance as if this kind of news leads investors to perceive the banks’ prospects negatively. The best of our knowledge this is the first paper that investigates European banks press releases on corporate governance. Findings are relevant for banks’ management and their disclosure policy. Nonetheless, further research is needed to investigate differences and similarities between an area of governance disclosure and another.

Download Full-text

Kontribusi pola asuh orang tua demokratis, kontrol diri, konsep diri terhadap motivasi belajar siswa

Psychology, Evaluation, and Technology in Educational Research ◽

10.33292/petier.v1i1.21 ◽

2018 ◽

Vol 1 (1) ◽

pp. 55

Author(s):

Dwi Noviana Komsi ◽

IM Hambali ◽

M Ramli

Keyword(s):

Random Sampling ◽

Quantitative Research ◽

Significant Contribution ◽

Sampling Technique ◽

Self Control ◽

Self Concept ◽

Ex Post ◽

Ex Post Facto ◽

Cluster Random Sampling ◽

Parenting Pattern

Penelitian ini berdasarkan fenomena motivasi belajar siswa yang masuk pada kategori rendah yang dipengaruhi oleh bebrapa faktor seperti; pola asuh orang tua, konsep diri, serta kontrol diri. Penelitian ini menggunakan rancangan penelitian kuantitatif dengan desain ex-post facto. Sampel dalam penelitian berjumlah 313 siswa yang diambil dari tiga SMA Negeri di Kota Malang (SMA Negeri 4, SMA Negeri 7, SMA Negeri 10) dengan menggunakan teknik sampel multistage cluster random sampling. Penelitian ini menggunakan analisis data multiple linear /regresi linier berganda. Hasil penelitian ini adalah adanya kontribusi yang signifikan variabel pola asuh orang tua dan kontrol diri terhadap motivasi belajar. Namun variabel konsep diri tidak berkontribusi secara parsial terhadap motivasi belajar. The contribution of democratic parenting pattern, self-control and self-concept on the students' learning motivationAbstractThis study is based on the phenomenon of student learning motivation that entered in the low category influenced by several factors such as; parenting patterns, self-concept, and self-control. This research uses quantitative research design with ex-post facto design. Samples in the study amounted to 313 students taken from three SMA Negeri in Malang (SMA Negeri 4, SMA Negeri 7, SMA Negeri 10) by using multistage cluster random sampling technique. This study uses multiple linear data analysis / multiple linear regression. The result of this research is the existence of significant contribution of parenting pattern of parents and self control to motivation learn. However, self concept variables do not contribute partially to the motivation to learn.

Download Full-text

PENGARUH KEAKTIFAN MENGIKUTI EKSTRAKURIKULER PRAMUKA TERHADAP KEMANDIRIAN SISWA KELAS V SD NEGERI CIBUK LOR SEYEGAN SLEMAN TAHUN AJARAN 2017/2018

Jurnal Fundadikdas (Fundamental Pendidikan Dasar) ◽

10.12928/fundadikdas.v1i1.68 ◽

2018 ◽

Vol 1 (1) ◽

pp. 35

Author(s):

Devyta Restu Prihanawati ◽

Nur Hidayah

Keyword(s):

Quantitative Research ◽

Linear Regression Analysis ◽

Correlation Technique ◽

Simple Linear Regression ◽

Analysis Techniques ◽

Instrument Validity ◽

Ex Post ◽

Ex Post Facto ◽

Positive Effect ◽

Program Version

eng:Independence is one of the important modalities for survival as adults. Schools are expected to teach and train children's independence through activities that can foster children's self-reliance. One of them is through extracurricular scouts. The purpose of this study is to determine the effect of activeness following extracurricular scout against the independence of students in grade V State Elementary School Cibuk Lor Seyegan Sleman Year Teaching 2017/2018 as many as 19 students.This research is an ex post facto research and according to its method is kind of quantitative research. The population in this study were 19 students. Data collection techniques using questionnaires. Instrument validity test using product moment correlation technique with SPSS version 16.00 and reliability test using alpha cronbach technique from SPSS program version 16.00. Data analysis techniques in this study using simple linear regression analysis techniques.The results showed that there is a positive and significant influence on the activity of extracurricular scouts on the independence of students of grade V SD Negeri Cibuk Lor Seyegan Sleman with a positive coefficient value of independence. This can be shown on the value of determinant coefficient (R2) of 0.409, tcount of 3.429 and significance value of 0.003. Because the significance value shows the number <0,05 then it can be concluded that the activity follows extracurricular scout have positive effect on independence.-----------------------------------------------------------------------------------------Ind:Kemandirian merupakan salah satu modal penting untuk bertahan hidup ketika dewasa. Sekolah diharapkan mampu mengajarkan dan melatih kemandirian anak melalui kegiatan-kegiatan yang dapat menumbuhkembangkan sikap mandiri anak. Salah satunya yaitu melalui ekstrakurikuler pramuka. Tujuan dari penelitian ini yaitu untuk mengetahui pengaruh keaktifan mengikuti ekstrakurikuler pramuka terhadap kemandirian siswa kelas V SD Negeri Cibuk Lor Seyegan Sleman Tahun Ajaran 2017/2018 sebanyak 19 siswa.Penelitian ini merupakan penelitian ex post facto dan menurut metodenya merupakan jenis penelitian kuantitatif. Populasi dalam penelitian ini sebanyak 19 siswa. Teknik pengumpulan data menggunakan kuesioner. Uji validitas instrument menggunakan teknik korelasi product moment dengan bantuan SPSS versi 16.00 dan uji reliabilitas menggunakan teknik alpha cronbach dari program SPSS versi 16.00. Teknik analisis data dalam penelitian ini menggunakan teknik analisis regresi linier sederhana.

Download Full-text

Profil Tingkat Penguasaan Keterampilan Dasar Mengajar Mahasiswa Pendidikan Matematika Universitas Pasir Pengaraian

Jurnal Gantang ◽

10.31629/jg.v2i1.65 ◽

2017 ◽

Vol 2 (1) ◽

pp. 51-62 ◽

Cited By ~ 1

Author(s):

Hera Deswita

Keyword(s):

Classroom Management ◽

Quantitative Research ◽

Good Condition ◽

Teaching Skill ◽

Study Program ◽

Ex Post ◽

Good Ability ◽

Ex Post Facto ◽

The Subject ◽

Opening And Closing

Salah satu modal menjadi guru yang profesional adalah menguasai keterampilan dasar mengajar. Penelitian ini bertujuan untuk mengetahui tingkat penguasan keterampilan dasar mengajar mahasiswa pendidikan matematika Universitas pasir pengaraian pada praktek micro teaching. Jenis penelitian ini adalah deskriptif kuantitatif dengan pendekatan ex post facto yaitu mengungkapkan fakta yang terjadi tanpa ada manipulasi variabel atau menciptakan kondisi tertentu. Subjek penelitian adalah mahasiswa program studi pendidikan matematika yang mengambil mata kuliah micro teaching pada tahun akademik 2015/2016 sebanyak 23 orang. Pengumpulan data dilakukan dengan metode dokumentasi dan observasi. Instrument penelitian adalah angket yang telah divalidasi oleh pakar yaitu dosen pengampu micro teaching. Analisis data menggunakan teknik deskriptif untuk menggambarkan tingkat penguasaan keterampilan dasar mengajar mahasiswa berdasarkan tabel kecenderungan dengan kriteria yang telah ditentukan. Melalui Penelitian dapat disimpulkan bahwa keterampilan membimbing diskusi berada pada kategori sangat terampil. Keterampilan menjelaskan, keterampilan bertanya, keterampilan memberi penguatan dan keterampilan membuat variasi dalam pembelajaran berada pada kategori terampil. Keterampilan mengelola kelas berada pada kategori cukup terampil sedangkan keterampilan membuka dan menutup pembelajaran termasuk ke dalam kriteria tidak terampil. Kata Kunci: keterampilan dasar mengajar, micro teaching, ex post facto One of basic skills to be a professional teacher is how to be a master in basic teaching skill. This research aimed to have valid information about basic teaching skill of Educational Mathematics Study Program at University of Pasir Pengaraian by practicing it in micro teaching subject. This is description quantitative research by using ex post facto method that revelaled the fact in the field without any manipulation of variable or making a good condition. The subject of this research is the student of Educational Mathematics Study Program who took a micro teaching subject in academic years 2015/2016 those were 23 sudents. The data were collected by documentation and observation. The instrument of research is questionnaire which was validated by expert of micro teachings. The data were analized by description technique that can describe level basic of teaching skill of the students that can be seen in willingness table that has been decided. The result of this research concluced that guiding discussion skill was at exellence category, the explaning skill, question skill, reinforcement skill and make the variation stimulus skill were all in good ability category. Classroom management skill was categorized low ability. The opening and closing class skills were catgeorized poor ability. Keywords: basic teaching skill, micro teaching

Download Full-text

PENGARUH PELANTIKAN KABINET KERJA HASIL RESHUFFLE JILID II TERHADAP HARGA SAHAM LQ-45

Jurnal Economia ◽

10.21831/economia.v13i1.11797 ◽

2017 ◽

Vol 13 (1) ◽

pp. 1

Author(s):

Aulia Hatmanti ◽

Bambang Sudibyo

Keyword(s):

Event Study ◽

Stock Prices ◽

Abnormal Return ◽

T Test ◽

Good News ◽

Political Event ◽

Paired Sample ◽

The Difference ◽

Adjusted Model ◽

The Impact

Abstrak: Pengaruh Pelantikan Kabinet Kerja Hasil Reshuffle Jilid II terhadap Harga Saham LQ-45. Tujuan dari penelitian ini adalah untuk melihat pengaruh peristiwa politik-pelantikan Kabinet Kerja hasil reshuffle jilid II-terhadap harga saham yang terdaftar dalam kelompok saham LQ-45. Penelitian ini menggunakan metode studi peristiwa untuk melihat adanya reaksi pasar yang dapat dilihat dari adanya abnormal return pada saham. Abnormal return pada penelitian ini dihitung menggunakan mean-adjusted model. Berdasarkan hasil uji beda t-test satu sisi, terdapat abnormal return positif yang signifikan pada event day (t) dan t+3. Uji beda rata-rata menggunakan paired sample t-test yang dilakukan untuk melihat perbedaan rata-rata abnormal return pada 5 hari sebelum dan 5 hari sesudah peristiwa tidak menunjukkan adanya hasil yang signifikan. Berdasarkan hasil tersebut, dapat disimpulkan bahwa peristiwa politik berupa pelantikan Kabinet Kerja hasil reshuffle jilid II merupakan good news bagi investor. Kata kunci: studi peristiwa, abnormal return, LQ-45, peristiwa politik Abstract: The Impact of the Inauguration of 2nd Reshuffled Cabinet on LQ-45 Stock Prices. The purpose of this research is to observe the impact of the political event the inauguration of 2nd reshuffled cabinet-to LQ-45 group’s stock prices. This study used event study method to identify the market reaction that can be seen from the abnormal return on the stock prices. The abnormal return is calculated using mean-adjusted model. T-test indicates that there is a significant positive abnormal return on event day (t) and t+3. Besides, paired sample t-test was conducted to see the difference in the average abnormal return in 5 days before and five days after the events didn’t show any significant results. Based on these results, it can be concluded that the inauguration of 2nd reshuffled cabinet is good news for investors. Keywords: event study, abnormal return, LQ-45, political events

Download Full-text

PENGARUH ATTACHMENT TERHADAP ORIENTASI PERILAKU PROSOSIAL PADA REMAJA DI SEKOLAH MENENGAH ATAS NEGERI (SMAN) 2 BEKASI

JPPP - Jurnal Penelitian dan Pengukuran Psikologi ◽

10.21009/jppp.011.17 ◽

2017 ◽

Vol 1 (1) ◽

pp. 121

Author(s):

Eva Wulandari

Keyword(s):

High School ◽

Prosocial Behavior ◽

Random Sampling ◽

Quantitative Research ◽

Sampling Technique ◽

Quantitative Research Methods ◽

Analysis Techniques ◽

Ex Post ◽

Attachment Orientation ◽

Ex Post Facto

Abstract This research is aimed to analyze the effect of attachment on orientation prosocial behavior of Adolescents. The research was conducted at 2 State High School of Bekasi. The method used in this study is quantitative research methods using the Ex Post Facto design. The sampling technique in this study is proportionate stratified probability sampling with random sampling. The number of samples used in this study as many as 100 people. Data analysis techniques are used to test the hypothesis is to test the regression by using SPSS 20. Based on the results of a calculation, a large effect (Adjusted R Square) variable attachment to orientation of prosocial behavior were 0.123 (12.3%), which means that attachment affects orientation of prosocial behavior as much as 12.3% and the remaining 87.7% is influenced by factors other than attachment. The results showed Ha received so it can be concluded that there is influence of attachment on orientation of prosocial behavior in adolescents in State High School (SMAN) 2 Bekasi. Keywords: Attachment, Orientation, Prosocial Behavior, Adolescents

Download Full-text

Measuring the effects of Bitcoin forks on selected cryptocurrencies using event study methodology

Industrija ◽

10.5937/industrija48-26003 ◽

2020 ◽

Vol 48 (2) ◽

pp. 21-36

Author(s):

Nenad Tomić

Keyword(s):

Quantitative Analysis ◽

Event Study ◽

Abnormal Return ◽

Quantitative Research ◽

Statistical Significance ◽

Negative Effects ◽

Current Topic ◽

Study Methodology ◽

A Current ◽

Event Study Methodology

The objective of the study is to determine whether the Bitcoin forks have produced significant effects on the cryptocurrency market. The event study methodology is used in this paper in order to determine the statistical significance of the abnormal return of leading cryptocurrencies after three Bitcoin forks. The forks were viewed as three isolated events, with the estimations windows and the event windows constructed separately for each of them. There were statistically significant negative effects related to the creation of Bitcoin Gold and Bitcoin SV. Contrary to expectations, there was no statistically important effect throught out the most famous Bitcoin forking and emergence of Bitcoin Cash. Although cryptocurrencies are a current topic, the literature lacks quantitative research dealing with price changes. Without quantitative analysis, it is difficult to conclude whether the return change is a consequence of a statistically significant event The analysis would therefore provide the tool to determine the statistical significance of their impact on the market. A small number of observed cryptocurrencies is the main limitation of this research. Future researches could cover a wider scope of the market and include other famous cases of forking, for example, the Ethereum forks.

Download Full-text

PENGARUH SIKAP MENGAJAR GURU TERHADAP MOTIVASI BELAJAR SISWA PADA MATA PELAJARAN PJOK

Sporta Saintika ◽

10.24036/sporta.v6i2.189 ◽

2021 ◽

Vol 6 (2) ◽

pp. 147-154

Author(s):

Rahayu Prasetiyo ◽

Nugroho Susanto

Keyword(s):

Student Learning ◽

Quantitative Research ◽

Learning Motivation ◽

The Real ◽

A Value ◽

Ex Post ◽

Significant Difference ◽

Ex Post Facto ◽

Teaching Attitudes ◽

One Way Anova

The purpose of this study was to determine the analysis of teachers' teaching attitudes towards students' learning motivation and also to find out which teaching attitudes motivated students the most. This research is a quantitative research with Ex Post Facto method. Subjects in this study amounted to 274 students. Collecting data in this study in the form of a questionnaire. Based on the results of calculations from One Way Anova through the SPSS program, there are significant differences in the three teachers' teaching attitudes in influencing students' learning motivation with a significant value of 0.000 which is smaller than the significant level of 0.05. Real teaching attitudes with permissive teaching attitudes have a significant difference in influencing students' learning motivation, as evidenced by a significant value of 0.000 <0.05. Authoritarian teaching attitude with permissive teaching attitude has a significant difference in influencing student learning motivation, as evidenced by a significant value of 0.000 <0.05. However, there is no significant difference between real teaching attitudes and authoritarian teaching attitudes in influencing learning motivation, as evidenced by a significant value of 0.126 > 0.05. Meanwhile, the teaching attitude of the teacher which has the greatest influence on students' learning motivation is the real teaching attitude with a value of 4.896. In the second place, there is an authoritarian teaching attitude that has an influence on students' learning motivation with a value of 3,624. And lastly, there is a permissive teaching attitude which has an influence on learning motivation with a value of -3.624.

Download Full-text