Event Study Dampak Covid-19 terhadap Perubahan Harga Saham, Abnormal Return dan Trading Volume Activity

Az Zahra, Yayat Supriyatna, Imas Purnamasari

Abstract


This study aims to determine the impact of the Covid-19 pandemic on stock prices, abnormal returns, and trading volume activity in banking sub-sector financial companies listed on the Indonesia Stock Exchange. The research method used in this study is the event study method by comparing data before and after an event occurs. The sampling technique used purposive sampling with the type of judgment sampling, to obtain a sample of 13 banks with observational data totaling 169. The data used is secondary data published by the IDX. The parametric statistical test technique used is the Paired Sample T Test. The results of this study indicate that the Covid-19 pandemic does not affect stock prices, abnormal returns, and trading volume activity in banking sub-sector companies.


Keywords


abnormal returns; trading volume activity; stock price

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References


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