Proceedings of the Eighth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-8 2021)

<Previous Article In Volume
Next Article In Volume>

Testing the Ramadan Effect on Consumer Goods Industry and Miscellaneous Industry Companies Listed on the Indonesia Stock Exchange (IDX)

Authors
Selvia1, *, Aimatul Yumna2
1, 2Universitas Negeri Padang, Padang, Indonesia
*Corresponding author. Email: helmiselvia@gmail.com
Corresponding Author
Selvia
Available Online 21 July 2022.
DOI
10.2991/aebmr.k.220702.017How to use a DOI?
Keywords
Abnormal Return; Ramadan Effect
Abstract

This study aims to analyze the Ramadan Effect on the consumer goods industry and miscellaneous industry companies listed on the Indonesia Stock Exchange (IDX). The population in this study are all companies in the consumer goods industry and miscellaneous industry listed on the Indonesia Stock Exchange in 2020. The data source uses secondary data. The sampling technique used was purposive sampling. The number of samples in this study were 37 sectors of the miscellaneous industry and 43 sectors of the consumer goods industry with a total sample of 80 companies. The event windows in this study are (-5.5) and (-10.10). The data analysis method used is the Wilcoxon Signed Rank Test using SPSS 16. Investors and companies that can anticipate changes in investment behavior before and during the entry of the month of Ramadan which can result in losses in stock trading.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the Eighth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-8 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
21 July 2022
ISBN
10.2991/aebmr.k.220702.017
ISSN
2352-5428
DOI
10.2991/aebmr.k.220702.017How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Selvia
AU  - Aimatul Yumna
PY  - 2022
DA  - 2022/07/21
TI  - Testing the Ramadan Effect on Consumer Goods Industry and Miscellaneous Industry Companies Listed on the Indonesia Stock Exchange (IDX)
BT  - Proceedings of the Eighth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-8 2021)
PB  - Atlantis Press
SP  - 112
EP  - 120
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220702.017
DO  - 10.2991/aebmr.k.220702.017
ID  - 2022
ER  -