Analysis of the Impact of the Merger on Trading Volume, Return and Abnormal Return of BSI Shares
Journal Title: International Journal of Social Science And Human Research - Year 2024, Vol 7, Issue 10
Abstract
This study discusses in trading volume, return and abnormal return of Bank Syariah Indonesia (BSI) stocks before and after merger. The purpose of this study was to determine the results of the analysis of differences in trading volume, stock return and abnormal returns before and after the merger of Bank Syariah Indonesia (BSI). The variables used are trading volume activity (TVA), stock returns and abnormal returns. The sample in this study was 10 days before and 10 days after the merger of PT Bank Syariah Indonesia Tbk. As for the sampling technique using Purposive Sampling. The results of this study are based on results of the different Paired Sample T Test on the TVA variable showing the Sig. (2-tailed) value of 0,002 < 0,05. Based on the results of the Wilcoxon different test, the value Sig. (2-tailed) value on the stock return variable was 0,114 > 0,05, then Sig. (2-tailed) value on the stock abnormal return variable was 0,139 > 0,05. So it can be stated that there are differences in Bank Syariah Indonesia (BSI) before and after the merger based on the TVA variable and there are no difference in Bank Syariah Indonesia (BSI) before and after the merger based on the return and abnormal stock returns variables.
Authors and Affiliations
Miftahur Rahman, Moh. Roqib, Khusnul Khotimah, M. Misbah, Uswatun Chasanah
Keywords
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- EP ID EP749794
- DOI 10.47191/ijsshr/v7-i10-76
- Views 32
- Downloads 0
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