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Pengaruh penerapan sistem price limit terhadap volatilitas imbal hasil dan proses pembentukan harga ekuilibrium pada saham-saham LQ 45 Bursa Efek Indonesia periode Oktober 2004 - Oktober 2008
The purpose of this thesis is to find out the effect of price limit system implementation on volatility of return and price discovery process in LQ 45 stocks at the Indonesia Stock Exchange period October 2004 ? October 2008. This thesis will test two hypotheses, the overreaction hypotheses which assumes that investors tend to overreact to new information. So that the price limits give them time to reasses the information and reduce stock voaltility, and the delayed price discovery implies that price limits delays the price discovery process. This test use 18 sampels that represent LQ 45 stocks based on those periods. The result did not prove full support for overreaction hypotheses but strongly support the delayed price discovery hypotheses when stocks price reach their limit up price.Ada tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 6981 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Progran Studi Departemen Ilmu Manajemen Fakultas Ekonomi Universitas Indonesia 2010 |
|---|---|
| Edisi | - |
| Subjek | Share valuation Share prices Future trading Price limit Overeaction Hypotheses |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xv, 90 p. : diagr. ; 30 cm |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |