Image of Analisis keberadaan intrinsic bubble dan hubungan kausalitas dari perubahan earning terhadap tingkat imbal hasil saham di Indonesia

Text

Analisis keberadaan intrinsic bubble dan hubungan kausalitas dari perubahan earning terhadap tingkat imbal hasil saham di Indonesia

Discussions about whether changes in earning have a causality relation with stock returns are still in controversy. Based on the hypothesis by Chen, Cheng, and K.F Cheng (2009) that intrinsic bubble could be the reason of those controversial discussion, this study was made in order to prove this hypothesis in Indonesia. Using several Indonesian composite data such as IHSG, composite EPS (earning per share) and composite DPS (dividend per share), and also other Indonesian data during 2006-2012 period, researcher try to do some tests first. They are test to see the existance of the causality relation using VECM and also test to see the existance of intrinsic bubble using OLS. At the end, this study results a conclusion that intrinsic bubble is not affecting the causality relation between changes in earning and stock return in Indonesia.Ada tabel

Ketersediaan

Call NumberLocationAvailable
8269PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Manajemen, Fakultas Ekonomi Universitas Indonesia.,
Edisi -
Subjek Share valuation
Time series
Earnings
Causality relation
Instrinsic bubble
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xix 103 p., 86 p. : diagr. ; 30 cm & lamp.
Info Detail Spesifik -
Other Version/Related Tidak tersedia versi lain
Lampiran Berkas Tidak Ada Data