ANALISIS PENGARUH MARKET CAPITALIZATION TERHADAP HARGA SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
DOI:
https://doi.org/10.12928/fokus.v3i2.1337Keywords:
stock price, market capitalizattion, VECMAbstract
This study aimed at testing and analyzing how both the big market capitalization and the small one had an effect on the price stock. The population of this study was all companies listed in BEI in the period of 2007 – 2011. The purposive sampling with a quota sampling was applied in the technique as sampling, while the selection result of sampling was 36 companies with big market capitalization and 36 companies with small market capitalization. The method of data selection of this study was documentation because the data was taken from other sides. The dependent variable used in this study was price stock and the independent variable was market capitalization. The tools for data analysis applied Vector Error Correction Model (VECM). The result of this study indicated that the big market capitalization had a positive effect on the price stock and gave an effect of 69.91% on the price stock at the end of the period. While the small market capitalization had a positive effect on the price stock at 85.09%.Downloads
Published
2013-09-30
How to Cite
Nuraningrum, A. W., & Fitriani, D. (2013). ANALISIS PENGARUH MARKET CAPITALIZATION TERHADAP HARGA SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA. Jurnal Fokus Manajemen Bisnis, 3(2), 109–116. https://doi.org/10.12928/fokus.v3i2.1337
Issue
Section
Articles
License
Authors who publish with this journal agree to the following terms:Â
- 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.
- 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.
- 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).
