REAKSI PASAR SAHAM TERHADAP PENGUMUMAN PERUBAHAN PERINGKAT OBLIGASI PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Authors

  • Meilia Rakhmawati
  • Dyah Fitriani

DOI:

https://doi.org/10.12928/fokus.v2i1.1311

Keywords:

change of obligation rating announcement, stocks market reaction

Abstract

Investor decision in buying or selling stocks very influenced by information accepted. Change of obligation rating announcement represent one of new information publicized to public. This research aim to know how the stock market reaction to change of obligation rating announcement for company listed Indonesia stock exchange. Data used by is data of annoucement rating from PT. Pefindo. The population of this research are all companies that announce IDX bond rating in the period 2008-2009. Result of research show in case of decrease of obligation rating is not found by the existence of negativity reaction which significant of during periode test that goes on. WHile for the case of increase of obligation rating not found by the existence of positive reaction significant of during used test period. Inexistence react the market can because of capital market of Indonesia which not yet enough great at manage information circulating so that interpretation for existing information do not yield the correct invesment decision.

Downloads

Published

2012-03-31

How to Cite

Rakhmawati, M., & Fitriani, D. (2012). REAKSI PASAR SAHAM TERHADAP PENGUMUMAN PERUBAHAN PERINGKAT OBLIGASI PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA. Jurnal Fokus Manajemen Bisnis, 2(1), 1–8. https://doi.org/10.12928/fokus.v2i1.1311

Issue

Vol. 2 No. 1 (2012)

Section

Articles

License

Authors who publish with this journal agree to the following terms: 

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).

Most read articles by the same author(s)

1 2 > >>