Authors:

Ni Kadek Sukma Dwiyantika, Gerianta Wirawan Yasa

Abstract:

“This study aims to determine the reaction of pharmaceutical sector stocks to President Joko Widodo’s first Covid-19 vaccination. The number of samples in this study were 18 companies, the sampling technique used non-probability sampling with saturated sampling method. The data analysis technique used is an event study with a hypothesis testing tool using the One Sample t-Test. The results of this study indicate that there are differences in abnormal returns before and after the administration of President Joko Widodo’s first Covid-19 vaccination, where there was a positive reaction before the administration of the first Covid-19 vaccination to President Joko Widodo and a negative reaction at the time of administration on January 13, 2021 and after President Joko Widodo’s first Covid-19 vaccination. This shows that it is important for investors to observe critically when absorbing and responding to signals, especially when making investment decisions.”

Keywords

Keyword Not Available

Downloads:

Download data is not yet available.

References

References Not Available

PDF:

https://jurnal.harianregional.com/eeb/full-86628

Published

2023-08-31

How To Cite

SUKMA DWIYANTIKA, Ni Kadek; WIRAWAN YASA, Gerianta. REAKSI SAHAM SEKTOR FARMASI DI BURSA EFEK INDONESIA TERHADAP VAKSINASI COVID-19 PERTAMA PRESIDEN JOKO WIDODO.E-Jurnal Ekonomi dan Bisnis Universitas Udayana, [S.l.], p. 1520-1528, aug. 2023. ISSN 2337-3067. Available at: https://ojs.unud.ac.id/index.php/EEB/article/view/86628. Date accessed: 28 Aug. 2025. doi:https://doi.org/10.24843/EEB.2023.v12.i08.p06.

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.12.NO.08.TAHUN.2023

Section

Articles

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