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
Related Articles
- EP ID EP749794
- DOI 10.47191/ijsshr/v7-i10-76
- Views 21
- Downloads 0
Nurturing as a Masculinity-Femininity Dimension and Performance of Multinational Corporations in Uganda
This paper examined the influence of nurturing as a masculinity-femininity dimension on performance of multinational corporations (MNCs) in Uganda. Specifically, it focused on aspects of nurturing that included relations...
Analyzing the Consequences of Financial Inclusion on the Effectiveness of the Financial System and its Capacity to be Maintained Through Evidence from Asia
Using yearly data for 40 countries between 2000 and 2021, this article seeks to examine the connection between the financial inclusion index and development factors in the world's poorest regions: Asia. As a means of inv...
An Examination of Cyberbullying and Strategies for Prevention
While the Internet has undeniably revolutionized global affairs, it has also become a platform for cyberbullying, a grave manifestation of inappropriate conduct among young people. A growing number of literature has begu...
Measuring Perception of Criminality towards Women: A Descriptive Analysis
The perception of criminality towards women is a complex and multifaceted phenomenon that affects their well-being, safety, and access to justice. This paper reviews the existing literature on this topic, focusing on the...
The Effect of Service Quality and Trust on Online Purchasing Decisions at Shopee
This study aims to determine: 1) Service quality affects trust, 2) Trust affects purchasing decisions, 3) Service quality affects purchasing decisions, and 4) There is an indirect influence between service quality and pu...