?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=ANALISIS+PERBEDAAN+ABNORMAL+RETURN+SEBELUM+DAN+SESUDAH+PENGUMUMAN+PERINGKAT+OBLIGASI+DI+INDONESIA+&rft.creator=PARAMITHA+RAFELA%2C+1111031088&rft.subject=HF5601+Accounting&rft.description=%0D%0APasar+modal+digunakan+perusahaan+untuk+mengatasi+masalah+pendanaan.+Salah+satu+instrumen+pendanaan+yang+sedang+berkembang+adalah+obligasi.+Pengumuman+peringkat+obligasi+disinyalir+merupakan+informasi+penting+yang+dapat+digunakan+sebagai+pertimbangan+investasi.+Jika+investor+memanfaatkan+informasi+pengumuman+peringkat+obligasi%2C+maka+pengumuman+tersebut+akan+menimbulkan+perubahan+harga+saham+perusahaan+terkait.+Penelitian+ini+bertujuan+untuk+menguji+adanya+abnormal+return+yang+diterima+investor%2C+dan+menguji+perbedaan+cumulative+abnormal+return+sebelum+dan+sesudah+pengumuman+peringkat+obligasi+di+Indonesia%0D%0A%0D%0ASampel+penelitian+ini+adalah+6+perusahaan+manufaktur+yang+mengeluarkan+obligasi+periode+2010-2015+masuk+dalam+peringkat+yang+diterbitkan+oleh+PEFINDO+secara+berturut-turut+tiap+tahunnya.+Penelitian+ini+merupakan+event+study+menggunakan+metode+market+adjusted+model+dengan+periode+jendela+selama+11+hari+(t-5+sampai+t%2B5).+Hipotesis+dalam+penelitian+ini+diuji+dengan+menggunakan+one+sample+t-test+dan+paired+sample+t-test.%0D%0A%0D%0AHasil+penelitian+ini+menemukan+terdapat+pengaruh+pengumuman+peringkat+obligasi+yang+di+terima+investor%2C+yaitu+pada+t-2.+Reaksi+investor+tersebut+tidak+menunjukkan+ada+perbedaan+yang+signifikan+antara+CAR+sebelum+dan+CAR+sesudah+pengumuman+peringkat+obligasi.%0D%0A%0D%0AKata+kunci%3A+Abnormal+Return%2C+Peringkat+Obligasi%2C+Cumulative+Abnormal+Return.%0D%0A%0D%0A%0D%0AANALYSIS+DIFFERENCE+OF+ABNORMAL+RETURN+BEFORE+AND+AFTER+ANNOUNCEMENT+BOND+RATINGS+IN+INDONESIA%0D%0A%0D%0A%0D%0ACapital+market+companies+use+to+solve+the+problem+of+funding.+One+of+the+emerging+funding+instrument+is+a+bond.+The+announcement+allegedly+bond+ratings+are+important+information+that+can+be+used+as+an+investment+consideration.+If+the+investor+uses+information+announcements+bond+rating%2C+then+the+announcement+will+lead+to+changes+in+stock+prices+of+related+companies.+This+study+aimed+to+test+the+abnormal+return+received+by+investors%2C+and+examine+the+differences+in+cumulative+abnormal+return+before+and+after+the+announcement+of+bond+rating+in+Indonesia%0D%0A%0D%0AThe+sample+was+6+manufacturing+company+that+issued+the+bond+period+2010-2015+included+in+the+ranking+published+by+PEFINDO+successively+each+year.+This+study+is+event+study+using+market+adjusted+model+with+a+11+day+window+period+(t-5+to+t%2B5).+The+hypothesis+in+this+study+were+tested+using+one-+sample+t+-test+and+paired+sample+t+-test.%0D%0A%0D%0AOur+research+found+there+are+significant+announcement+that+bond+rating+received+investor%2C+that+is+at+t-2.+The+investor+reaction+showed+no+significant+difference+between+CAR+before+and+after+the+announcement+of+bond+ratings.%0D%0A%0D%0AKeywords%3A+Abnormal+Return%2C+Bond+Ratings%2C+Cumulative+Abnormal+Return.%0D%0A&rft.publisher=FAKULTAS+EKONOMI+DAN+BISNIS&rft.date=2016-09-13&rft.type=Skripsi&rft.type=NonPeerReviewed&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F24137%2F1%2FABSTRAK%2520%2528ABSTRACT%2529.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F24137%2F2%2FSKRIPSI%2520FULL.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F24137%2F3%2FSKRIPSI%2520TANPA%2520BAB%2520PEMBAHASAN.pdf&rft.identifier=++PARAMITHA+RAFELA%2C+1111031088++(2016)+ANALISIS+PERBEDAAN+ABNORMAL+RETURN+SEBELUM+DAN+SESUDAH+PENGUMUMAN+PERINGKAT+OBLIGASI+DI+INDONESIA.++FAKULTAS+EKONOMI+DAN+BISNIS%2C+U7NIVERSITAS+LAMPUNG.+++++&rft.relation=http%3A%2F%2Fdigilib.unila.ac.id%2F24137%2F