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Stock Liquidity And Financial Performance Of Companies Before And After Stock Split (Study On Companies Listed In Indonesia Sharia Stock Index (ISSI) Period 2016-2018: Comparative Study)

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dc.contributor.authorHartomi Maulanaen_US
dc.contributor.authorSoritua Ahmad Ramdani Harahapen_US
dc.contributor.authorWitri Nofitasarien_US
dc.date.accessioned2024-05-30T07:24:26Z
dc.date.available2024-05-30T07:24:26Z
dc.date.issued2022
dc.description.abstractThe increase and decrease in investor interest are motivated by the high share price. Stock splits are the best reasons for companies to keep stock prices stable or affordable. A stock split can cause the share price to be lower, so it will easy to reach by small investors, this will lead to increased demand for stocks, and stocks will become more liquid. This study aimed to determine the difference in stock liquidity and financial performance of the company between before and after the stock split in companies listed in the Indonesia Sharia Stock Index (ISSI). The type of research used was quantitative research. Sampling techniques used purposive sampling so that as many as 31 companies were obtained. The window period set out in the study was 5 days before and 5 days after the stock for variable stock liquidity and 1 year before and 1 year after the stock split for the company's financial performance. The data analysis used was a different sample test paired with a Wilcoxon test for abnormally distributed data and a paired t-test sample test for normally distributed data. The results of this study can be concluded that there was a difference in stock liquidity between before and after but there was no difference in the company's financial performance between before and after the stock split.en_US
dc.identifier.citationNawai, N., Khairi, K. F., Abdul Hamid, S., Nazri, M. A., Ramli, N. A., Abd Aziz, S., Ibrahim, M. A., & Abdul Shukor, S. (Eds.). (2022). e-Proceedings of The 10th Islamic Banking, Accounting and Finance International Conference 2022 (iBAF2022) : “Future-Proofing for Business Excellence Through Islamic Banking, Accounting and Finance.” Universiti Sains Islam Malaysia. https://fem.usim.edu.my/ibaf2022-proceeding/en_US
dc.identifier.epage551
dc.identifier.issneISSN 2948-460X
dc.identifier.spage542
dc.identifier.urihttps://fem.usim.edu.my/ibaf2022-proceeding/
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/17503
dc.language.isoen_USen_US
dc.publisherFakulti Ekonomi dan Muamalat, Universiti Sains Islam Malaysiaen_US
dc.relation.conferencee-Proceedings of The 10th Islamic Banking, Accounting and Finance International Conference 2022 (iBAF2022)en_US
dc.subjectStock Split; Stock Liquidity; and Financial Performance of the Companyen_US
dc.titleStock Liquidity And Financial Performance Of Companies Before And After Stock Split (Study On Companies Listed In Indonesia Sharia Stock Index (ISSI) Period 2016-2018: Comparative Study)en_US
dc.typeArticleen_US
dspace.entity.typePublication

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