?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=REAKSI+PASAR+SAHAM+DI+BEBERAPA+BURSA+EFEK+ASEAN%0D%0ATERHADAP+PERISTIWA+BRITAIN+TO+EXIT+(BREXIT)+DI+EROPA%0D%0A(Even+Study+Pada+Indeks+Saham+Indonesia%2C+Malaysia%2C%0D%0ASingapura%2C+Filipina%2C+dan+Thailand)&rft.creator=Kamilia%2C+Kamilia+Syaputra&rft.subject=HB+Economic+Theory&rft.subject=HD28+Management.+Industrial+Management&rft.subject=HD61+Risk+Management&rft.description=ABSTRACT%0D%0ATHE+REACTION+STOCK+MARKET+IN+SOME+ASEAN+EXCHANGE%0D%0ATO+THE+OCCURRENCE+OF+BRITAIN+TO+EXIT+(BREXIT)+IN+EUROPE%0D%0A(Event+Study+On+Stock+Index+Indonesia%2C+Malaysia%2C%0D%0ASingapore%2C+Philippines%2C+and+Thailand)%0D%0ABy%0D%0AKamilia+Syaputra%0D%0AThis+research+is+an+event+study+that+aims+to+discover+whether+there+is+any+empirical%0D%0Aevidence+of+the+ASEAN-5+capital+market+reaction+to+one+of+the+political+events+in+the%0D%0Aworld%2C+namely+the+events+Britain+to+Exit+(Brexit)+on+June+23%2C+2016%2C+by+using+indicator%0D%0Aabnormal+return+and+trading+volume+activity.+Population+in+this+research+in+the+indices%0D%0Aincluded+in+the+capital+markets+in+the+respective+countries+of+ASEAN-5+and+the+data%0D%0Aused+in+this+research+are+secondary+data+consists+of+daily+stock+prices%2C+daily+trading%0D%0Avolume%2C+and+indices+shares+during+the+window+period+and+the+estimation+period.+The%0D%0Astatistical+test+used+to+test+the+hypothesis+is+normality+test%2C+t-test%2C+and+paired+samples+ttest.%0D%0AThe+results+of+t-test+showed+that+there+are+abnormal+return+is+positive+significant%0D%0Aon+some+days+around+the+date+of+the+event%2C+which+means+the+market+is+responding+to%0D%0Athis+event+as+an+event+that+contains+relevant+information+for+investors%2C+while+the%0D%0Aresults+of+paired+samples+t-test+proved+that+no+significant+differences+in+the+average%0D%0Aabnormal+return+period+before+and+after+the+event.+The+results+of+t-test+and+paired%0D%0Asamples+t-test+also+showed+that+there+were+no+significant+differences+in+the+average%0D%0Atrading+volume+activity+periods+before%2C+during%2C+and+after+events.+This+marks+the%0D%0AASEAN-5+capital+market+reactions+that+occur+when+events+Britain+to+Exit+(Brexit)+is%0D%0Aonly+temporary+and+is+not+prolonged.%0D%0AKeywords%3A+event+study%2C+Brexit%2C+abnormal+return%2C+trading+volume+activity%0D%0AABSTRAK%0D%0AREAKSI+PASAR+SAHAM+DI+BEBERAPA+BURSA+EFEK+ASEAN%0D%0ATERHADAP+PERISTIWA+BRITAIN+TO+EXIT+(BREXIT)+DI+EROPA%0D%0A(Even+Study+Pada+Indeks+Saham+Indonesia%2C+Malaysia%2C%0D%0ASingapura%2C+Filipina%2C+dan+Thailand)%0D%0AOleh%0D%0AKamilia+Syaputra%0D%0APenelitian+ini+merupakan+studi+peristiwa+yang+bertujuan+untuk+menemukan+bukti%0D%0Aempiris+ada+atau+tidaknya+reaksi+pasar+modal+ASEAN-5+terhadap+salah+satu%0D%0Aperistiwa+politik+luar+negeri+yaitu+peristiwa+Britain+to+Exit+(Brexit)+pada+tanggal+23%0D%0AJuni+2016%2C+dengan+menggunakan+indikator+abnormal+return+dan+trading+volume%0D%0Aactivity.+Populasi+penelitian+ini+adalah+indeks-indeks+yang+termasuk+dalam+pasar%0D%0Amodal+di+masing-masing+Negara+ASEAN-5+dan+data+yang+digunakan+adalah+data%0D%0Asekunder+berupa+harga+indeks+saham+harian%2C+volume+perdagangan+harian%2C+dan%0D%0Aindeks+saham+selama+periode+jendela+dan+periode+estimasi.+Uji+statistik+yang%0D%0Adigunakan+untuk+menguji+hipotesis+adalah+uji+normalitas%2C+uji-t+dan+uji+paired%0D%0Asample+t-test.+Hasil+uji-t+menunjukkan+bahwa+terdapat+abnormal+return+bernilai%0D%0Apositif+signifikan+pada+beberapa+hari+setelah+tanggal+peristiwa%2C+yang+berarti+pasar%0D%0Amerespon+peristiwa+ini+sebagai+peristiwa+yang+memiliki+kandungan+informasi%0D%0Ayang+relevan+bagi+investor%2C+sedangkan+hasil+uji+paired+sample+t-test+membuktikan%0D%0Abahwa+tidak+terdapat+perbedaan+signifikan+pada+rata-rata+abnormal+return+periode%0D%0Asebelum+dan+sesudah+peristiwa.+Hasil+uji-t+dan+uji+paired+sample+t-test+juga%0D%0Amenunjukan+bahwa+tidak+terdapat+perbedaan+signifikan+pada+rata-rata+trading%0D%0Avolume+activity+periode+sebelum%2C+saat%2C+dan+sesudah+peristiwa.+Hal+ini+menandakan%0D%0Areaksi+pasar+modal+ASEAN-5+yang+terjadi+ketika+peristiwa+Britain+to+Exit+(Brexit)%0D%0Ahanya+bersifat+sementara+dan+tidak+berkepanjangan.%0D%0AKata+kunci+%3A+studi+peristiwa%2C+Brexit%2C+abnormal+return%2C+trading+volume+activity&rft.publisher=FAKULTAS+EKONOMI+DAN+BISNIS&rft.date=2016-12-09&rft.type=Skripsi&rft.type=NonPeerReviewed&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F24762%2F1%2F1.%2520ABSTRAK.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F24762%2F2%2F2.%2520SKRIPSI%2520FULL.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F24762%2F3%2F3.%2520SKRIPSI%2520FULL%2520TANPA%2520BAB%2520PEMBAHASAN.pdf&rft.identifier=++Kamilia%2C+Kamilia+Syaputra++(2016)+REAKSI+PASAR+SAHAM+DI+BEBERAPA+BURSA+EFEK+ASEAN+TERHADAP+PERISTIWA+BRITAIN+TO+EXIT+(BREXIT)+DI+EROPA+(Even+Study+Pada+Indeks+Saham+Indonesia%2C+Malaysia%2C+Singapura%2C+Filipina%2C+dan+Thailand).++FAKULTAS+EKONOMI+DAN+BISNIS%2C+UNIVERSITAS+LAMPUNG.+++++&rft.relation=http%3A%2F%2Fdigilib.unila.ac.id%2F24762%2F