Indratno, Nindyo Utomo and Wardatul, Adawiyah (2014) Initial Market Reaction Towards the Delegation of OJK as the Indonesian Stock Market’s Regulator: An Event Study of Indonesia’s Industries. Bachelor thesis, Swiss German University.

Preview	Text Nindyo Utomo Indratno 13110012 TOC.pdf Download (1MB) | Preview
	Text Nindyo Utomo Indratno 13110012 1.pdf Restricted to Registered users only Download (1MB)
	Text Nindyo Utomo Indratno 13110012 2.pdf Restricted to Registered users only Download (1MB)
	Text Nindyo Utomo Indratno 13110012 3.pdf Restricted to Registered users only Download (1MB)
	Text Nindyo Utomo Indratno 13110012 4.pdf Restricted to Registered users only Download (4MB)
	Text Nindyo Utomo Indratno 13110012 5.pdf Restricted to Registered users only Download (423kB)
Preview	Text Nindyo Utomo Indratno 13110012 Ref.pdf Download (312kB) | Preview

Abstract

The Purpose of the research is to provide explanation, whether or not the announcement and event that OJK will take over BAPEPAM-LK’s and Bank of Indonesia role in regulating the financial industry as a whole (in terms of industries). The study conducted utilizes the event study method, measuring the abnormalities through three methods; Market Adjusted Abnormal Return, Mean Adjusted Abnormal Return and the Risk Adjusted Abnormal Return. The methods show different results between methods, the Market Adjusted Returns show overall significance in both the announcement and event, whereas the Mean Adjusted Abnormal Returns and Risk Adjusted Abnormal Returns show a variety of results. In terms of real returns, the announcement on the 27thof October 2011 show positive as well as significant returns. On the other hand, the event on 2nd of January 2014 shows a variety of positive and negative returns, even though they result in significant returns. In conclusion, the announcement is relatively separated from previous events, therefore provides more significance, while the transition shows a variety of results.

Item Type:	Thesis (Bachelor)
Uncontrolled Keywords:	Event Study, Stocks, Transitions, Abnormal Returns, Risk Adjusted, Market Adjusted, Mean Adjusted
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce > HF5001 Business H Social Sciences > HG Finance > HG4551 Stock exchanges
Depositing User:	Faisal Ifzaldi
Date Deposited:	30 Jul 2021 23:10
Last Modified:	30 Jul 2021 23:10
URI:	http://repository.sgu.ac.id/id/eprint/2122

Actions (login required)

View Item