<> "The repository administrator has not yet configured an RDF license."^^ . <> . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008"^^ . "Abstrak\r\n\r\nCapital market development is an alternative financing diggers capital, where\r\ncapital market instruments traded. Stock trading activity in the stock market can\r\nbe influenced by the presence of corporate action taken by the issuer in order to\r\nmeet certain goals One form of corporate action taken is the issuance of bonus\r\nshares. The bonus shares are new shares issued by companies as rewards to the\r\nholders of old shares from the capitalization of share premium. Problems in this\r\nstudy is whether in the form of efficient markets is weak, whether there is\r\nabnormal return before and after the issuance of bonus shares and whether there is\r\na significant difference in abnormal return before and after the issuance of bonus\r\nshares in companies that distribute bonus shares in BEI years 2007 to 2008. The\r\npurpose of this study is to determine the efficiency of the market which is marked\r\nby the stock price randomly (random) and know the level of significance of\r\ndifferences in abnormal returns before and after the issuance of bonus shares. The\r\nhypothesis presented in the form of efficient market is weak and there were no\r\nsignificant differences before and after the issuance of bonus shares in the sample\r\nperiod. The object of research is that issuers listed on the Stock Exchange and the\r\nissuance of bonus shares in 2007-2008 as many as eight issuers.\r\n1\r\nMethods of analysis were performed using the analysis of return calculation with\r\nmarket expectations that the model established by using OLS regression\r\ntechniques (ordinary least square). The analysis tools are descriptive and\r\nquantitative analysis through t test using two different test methods on average by\r\none sample t test to test whether the abnormal return is zero (0) in the window\r\nperiod and methods of test for independent samples to test whether there\r\ndifference in abnormal return before and after the issuance of bonus shares during\r\nthe period of observation.\r\nBased on test results of test series showed that the average overall significance of\r\nissuers who do bonus shares issue worth less than (α) 5%, which means that the\r\ndata are spread by unrandom or stock price movements do not occur randomly.\r\nThus we can say that the market is not efficient in weak form, which means that\r\nthe company's stock price can be easily estimated by the investors, but not easy\r\nfor investors to get the abnormal return. Results showed that the t-calculated value\r\nis smaller than t-table (2.365) with significantly greater than 0.05 at keperayaan\r\nlevel of 95% and df = k-1 = 8-1 = 7. This means that there is no significant\r\ndifference in average abnormal return before and after the issuance of bonus\r\nshares. Thus the issuance of bonus shares, contains very little information that\r\ncaused the market reaction is indicated by the abnormal return is not significant\r\nand the issuance of bonus shares does not add to prosperity for shareholders."^^ . "2010-01-25" . . . . "Digital Library"^^ . . . . . . . . "JUNIATI "^^ . "0611011013"^^ . "JUNIATI 0611011013"^^ . . . . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (File PDF)"^^ . . . "ABSTRACT in English.pdf"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (File PDF)"^^ . . . "JUNIATI 0611011013 S1-MANAJEMEN.pdf"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "preview.jpg"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "medium.jpg"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "small.jpg"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "indexcodes.txt"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "indexcodes.txt"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "preview.jpg"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "medium.jpg"^^ . . . "ABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE\r\nISSUE IN INDONESIA STOCK EXCHANGE\r\nYEAR 2007-2008 (Other)"^^ . . . . . . "small.jpg"^^ . . "HTML Summary of #19788 \n\nABNORMAL RETURN ANALYSIS BEFORE AND AFTER BONUS SHARE \nISSUE IN INDONESIA STOCK EXCHANGE \nYEAR 2007-2008\n\n" . "text/html" . . . " " . .