ANALISIS HARGA SAHAM, LIKUIDITAS SAHAM, EARNING PER SHARE, DAN PRICE EARNINGS RATIO ANTARA SEBELUM DAN SETELAH STOCK SPLIT Abstraksi / Abstracts:
The purpose of this study analysisthe influence of stock price, stock liquidity, EPS growth, and price earnings ratio on the stock split. This research alsoanalysis whether there are any difference in stock price, stock liquidity, EPS growth, and price earningsratio before and after the company decided to executed a stock split.The samples of this research are companies that listed in Indonesia Stock Exchange (IDX) in the 2008-2013 period and conduct a stock split.Based on samplescriteria which have been determined, there are 89 companies which qualified to be used as samples. This research used Wilcoxon Signed Rank Test and Logistic Regression for hypothesis testing. The results of this research show that there are no significant differences in stock price, stock liquidity, EPS growth, and price earningsratiobetween before and after stock split. This study also indicates that stock price and stock liquidityhave significant influence towards stock split decision while EPS growth and price earningsratio don’t have any significant influence towards stock split decision.
Kata Kunci / Keywords:
Stock split, stock price, stock liquidity, EPS growth, price earnings ratio
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