Authors:

I Gede Aditya Baskara, Made Gede Wirakusuma

Abstract:

“This research is an event study that aims to determine the market reaction arising from the 2019 Indonesian presidential election, against companies listed in the infrastructure stock sector on April 17, 2019, using the abnormal return indicator. This study uses secondary data in the form of daily stock prices per company during the period with the population of the infrastructure sector listed on the Indonesia Stock Exchange. The statistical tests used to test hypotheses are descriptive statistical tests, normality tests and one sample t-test. The results of the one sample t-test on abnormal return is that there is no significant difference, which means the market does not respond to the event. These results indicate that the efficient market is not answered in the 2019 Indonesian presidential election due to the absence of abnormal returns in it. Keywords : Event Study, Market Reaction, Abnormal Return, 2019 Indonesian Presidential Election.”

Keywords

: Event Study, Market Reaction, Abnormal Return, 2019 Indonesian Presidential Election.

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PDF:

https://jurnal.harianregional.com/akuntansi/full-53063

Published

2019-12-25

How To Cite

BASKARA, I Gede Aditya; WIRAKUSUMA, Made Gede. Reaksi Pasar Terhadap Peristiwa Pemilihan Presiden Indonesia 2019.E-Jurnal Akuntansi, [S.l.], v. 29, n. 3, p. 1026 - 1040, dec. 2019. ISSN 2302-8556. Available at: https://jurnal.harianregional.com/akuntansi/id-53063. Date accessed: 28 Aug. 2025. doi:https://doi.org/10.24843/EJA.2019.v29.i03.p09.

Citation Format

ABNT, APA, BibTeX, CBE, EndNote - EndNote format (Macintosh & Windows), MLA, ProCite - RIS format (Macintosh & Windows), RefWorks, Reference Manager - RIS format (Windows only), Turabian

Issue

Vol 29 No 3 (2019)

Section

Articles

Creative Commons License This work is licensed under a Creative Commons Attribution 4.0 International License