PENGARUH LIKUIDITAS, BID ASK SPREAD, EARNING DAN FIRM SIZE TERHADAP FENOMENA PRICE REVERSAL PADA SAHAM WINNER-LOSSER
Abstract: The
purpose of this
study was to
determine the effect
of liquidity,bid ask spread,
earning and firm
size against price
reversal phenomenon to the winner and losser stocks in the period
2008-2013 IDX. This study used purposive sampling method with a sample of 55 winners
and 52 lossers. This study uses multiple regression analysis with descriptive
statistics, classic assumption test and t-test statistics for testing the
partial regression coefficients. The results showed that liquidity of winner,
bid ask spread and firm size positively affect price reversal. Earning
has not affect
because when extremely
increased and then came
bad news, investor
did not overreact
have affect the information with
other statement that it will not bad impact for earning of them. Losser stock
just earning positively affect price reversal and other independent variables
have not affect price reversal.
Penulis: EMMA FEBRYANTI, NADIA
ASANDIMITRA
Kode Jurnal: jpmanajemendd140971
