PENGARUH BID-ASK SPREAD, MARKET VALUE, DAN RISK OF RETURN TERHADAP HOLDING PERIOD PADA SAHAM BIASA PERUSAHAAN LQ45 PERIODE 2009-2011

Christiani, Jessica (2013) PENGARUH BID-ASK SPREAD, MARKET VALUE, DAN RISK OF RETURN TERHADAP HOLDING PERIOD PADA SAHAM BIASA PERUSAHAAN LQ45 PERIODE 2009-2011. Skripsi thesis, Universitas Tarumanagara.

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Abstract

The aim of this research is to analyze whether there are any influences of bid-ask spread, market value and risk of return to holding period. This research examines holding period at shares of LQ45 in Indonesia Stock Exchange on period 2009-2011. Samples from this research are 23 companies which always be listed in LQ45. This research uses daily data, with calculation of holding period uses daily mean during one semester. The methods of analysis are panel regression and t-test. The data in this research are closing price, outstanding share, trading volume, and bid and ask price. The result of Adjusted R2 obtained value 68,1477% variation of holding period can be explained by the independent variables there are bid-ask spread, market value and risk of return while 31,8523% can be explained by other variables outside the model. While from t-test result obtained evidence that only bid-ask spread and risk of return have a positive and a negative effect and significant to holding period. The result have been tested with significance α = 5% and bid-ask spread variable has the greatest effect to holding period. From result of F-test obtained evidence that bid-ask spread, market value and risk in simultaneously have an effect to holding period.

Item Type: Thesis (Skripsi)
Subjects: Skripsi/Tugas Akhir
Skripsi/Tugas Akhir > Fakultas Ekonomi
Divisions: Fakultas Ekonomi > Manajemen
Depositing User: FE Perpus
Date Deposited: 21 May 2021 01:37
Last Modified: 28 Jun 2021 02:19
URI: http://repository.untar.ac.id/id/eprint/29189

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