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Pengaruh strategi diversifikasi usaha terhadap pergerakan jangka panjang harga saham perusahaan properti di Indonesia periode : 2003 - 2007
Portfolio diversification strategy is one of company?s policy to reduce bussines risk. Property industry has different portfolio diversification strategy compare to others industry, mostly they classified their porfolio bussiness based on property type and geographic area. This research analysed the effects of diversification strategy on longterm move ment of property companies stock price in Indonesia : 2003-2007. Data sample was tested by Engle granger two step procedure and Johansen?s multivariate regression . The research found cointegration relationship between data sample in long term but was not dependent on wheather two companies are practising the same diversification strategy or not. However, there is evidence that companies with large portfolio holdings can influence the stock price of property companies with smaller portfolio holdings. This implies that arbitraging the small stocks by reading the price movement of the large firms could give possible abnormal return to the investor. Ada tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 6629 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Departemen Manajemen, Fakultas Ekonomi Universitas Indonesia 2009 |
|---|---|
| Edisi | - |
| Subjek | Share price Property Diversification Cointegration |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xii, 60 p. : il ; 30 cm & lamp |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |