Authors:

Ida Bagus Jelantik Tenaya, I Wayan Ramantha

Abstract:

“This research was conducted on the Indonesia Stock Exchange on LQ45 indexed stocks. The dependent variable in this study is the market reaction which is measured by abnormal returns around the date of the inauguration of the Indonesia Maju cabinet as a result of the reshuffle volume I in 2020. The number of samples taken is 43 companies, using purposive sampling technique. Data collection was carried out by archival research methods. Based on the results of the analysis, it was found that there was a significant difference in abnormal returns before and after the inauguration of the Indonesia Maju cabinet as a result of the 2020 reshuffle volume against the LQ45 indexed company shares listed on the IDX. This happened because the inauguration of the Indonesia Maju cabinet resulting from the 2020 reshuffle volume I contained information so that the market needed fast time to achieve a new balance. Investors in this study react quickly in absorbing information so that it is in accordance with the semi-strong form of efficient market.”

Keywords

Keyword Not Available

Downloads:

Download data is not yet available.

References

References Not Available

PDF:

https://jurnal.harianregional.com/eeb/full-76158

Published

2022-01-18

How To Cite

TENAYA, Ida Bagus Jelantik; RAMANTHA, I Wayan. REAKSI PASAR MODALTERHADAP PERISTIWA PELANTIKAN KABINET INDONESIA MAJU HASIL RESHUFFLE JILID I TAHUN 2020.E-Jurnal Ekonomi dan Bisnis Universitas Udayana, [S.l.], p. 15-24, jan. 2022. ISSN 2337-3067. Available at: https://ojs.unud.ac.id/index.php/EEB/article/view/76158. Date accessed: 28 Aug. 2025. doi:https://doi.org/10.24843/EEB.2022.v11.i01.p02.

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

VOLUME.11.NO.01.TAHUN.2022

Section

Articles

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