Reaksi Pasar Terhadap Hasil Quick Count Pemilu Presiden Indonesia 2019

(Studi Pada Saham Indeks LQ-45)

  • Rahmat Setiawan Universitas Airlangga
  • Zulifah Izzatin Nisa
Keywords: market reaction, presidential election quick count result, LQ-45 index

Abstract

This study intends to investigate the market’s reaction to the news about publication of the 2019 Indonesian presidential election quick count result on shares included in the LQ-45 index. The market reaction was measured using abnormal returns which were calculated on an average or cumulative basis. A one-sample t-test was used as a statistical check instrument. The result indicates that from 11 days of the observation period which included 5 days before the publication to 5 days after the publication, market generally reacted negatively to the publication of the 2019 Indonesian presidential election quick count result on shares in LQ-45 index.

Published
2020-01-09
How to Cite
Setiawan, R., & Nisa, Z. (2020). Reaksi Pasar Terhadap Hasil Quick Count Pemilu Presiden Indonesia 2019. Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi), 4(1), 288-296. https://doi.org/10.31955/mea.vol4.iss1.pp288-296