Analysis of Abnormal Stock Return in the Banking Sector on the Indonesia Stock Exchange During the Announcement of the Case of Covid 19 and Vaccination in Indonesia
- DOI
- 10.2991/978-94-6463-158-6_53How to use a DOI?
- Keywords
- Abnormal Return; Covid-19; Vaccination
- Abstract
This study aims to analyze Covid-19 announcements and vaccinations in banking sector companies listed on the Indonesia Stock Exchange (IDX). The population in this study are all banking sector companies listed on the Indonesia Stock Exchange in 2021. The data source uses secondary data. The sampling technique used was purposive sampling. The number of samples in this study were 42 companies. The event windows in this study are (-3.3), (-5.5), (-10.10), (-15.15), (-20.20), (-25.25), and (- 30,30). The method of data analysis is the Mann Whitney test. The results of the study are that There are differences in abnormal stock returns in the period of 15 days, 20 days, 25 days, while for 3 days, 5 days, and 10 days there is no difference.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Arie Mardiansyah AU - Dina Patrisia PY - 2023 DA - 2023/06/26 TI - Analysis of Abnormal Stock Return in the Banking Sector on the Indonesia Stock Exchange During the Announcement of the Case of Covid 19 and Vaccination in Indonesia BT - Proceedings of the Ninth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2022) PB - Atlantis Press SP - 600 EP - 615 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-158-6_53 DO - 10.2991/978-94-6463-158-6_53 ID - Mardiansyah2023 ER -