ANALISIS REAKSI PASAR SEBELUM DAN SESUDAH PENGUMUMAN AKUISISI PT. HANJAYA MANDALA SAMPOERNA TBK
Abstract: The purpose of this
research was to analyze the impact of acquisition announcement in stock market.
The observation was done in eleven days,
consist of five
days before announcement, announcment day, and five days
after the acquisition announcement. Statistical
experimental use paired
sample t-test. The
result of this research shows that before acquisition
announcement, four out of five days
abnormal return are
positive. The highest
abnormal return is found on the day of announcement. After
announcement, four out of five
abnormal return are
negative. The conclusion is
market react to acquisition
announcement of PT.
HM Sampoerna Tbk.,
but there is no
difference between the
reaction before and
after the acquisition announcement.
Penulis: SHABRINA FEBYANTI
Kode Jurnal: jpmanajemendd140933
