Vol. 5 (02) pp. 2241-2246 DOI: 10.21474/IJAR01/3400

ANALYSIS OF STOCK SPLIT AND CORPORATE FINANCIAL PERFORMANCE IN INDONESIAN STOCK EXCHANGE.

  • Faculty of Economics and Business of UPN “Veteran” of East Java.
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Abstract

Stock split solution is one of the capital restructure forms which was executed by a company caused split effect, that is a company execution which caused the rise of stock amount which spread proportionally more than the rise of company wealth. The research purpose is to analyze finance performance and the expensive share cost in the decision of stock split. Emiten which was included sample clasified to two, namely one executed stock split in the term of Januari 2011-December 2012 and one did not execute share solution in the term. The number of sample emitten is 13 emitten consited of 6 emiten which executed stock split, have net profit data, earning per share (EPS), price to book value (PBV), and price to earning ratio (PER). Analysis device was ANOVA. The research result showed that there was no significant difference finance performance between company which executed share solution and company did not execute stock split, and no significant differnece expensive share price between company which executed stock split and company which did not execute stock split.

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How to Cite This Article

Dhani Ichsanuddin Nur. (2017); ANALYSIS OF STOCK SPLIT AND CORPORATE FINANCIAL PERFORMANCE IN INDONESIAN STOCK EXCHANGE., International Journal of Advanced Research (IJAR), 5 (02), 2241-2246, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/3400

Corresponding Author

Dhani Ichsanuddin Nur
Faculty of Economics and Business of UPN “Veteran” of East Java

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