Pengaruh Kinerja Keuangan Dan Harga Saham Terhadap Keputusan Perusahaan Melakukan Stock Split Di Bursa Efek Indonesia

Sulistyorini, Dian Pratiwi (2012) Pengaruh Kinerja Keuangan Dan Harga Saham Terhadap Keputusan Perusahaan Melakukan Stock Split Di Bursa Efek Indonesia. Other thesis, STIE Bank BPD Jateng.

[img] Text
M.12.12. DIAN PRATIWI SULISTYORINI (1M.081.212).pdf

Download (2MB)

Abstract

Stock split decisions are influenced by financial performance and stock price. The stock split phenomenon was explained under signaling theory and trading theory. According to signaling theory, managers declare stock splits to convey favorable private information about the value of the firm. Meanwhile, according to trading theory, stock split is a means to reorganize its share price to match the price range, so that the price is not overpriced. This research used earning after tax, earning per share and earning after tax growth as proxies of financial performance while price to book value and price earning ratio used as proxies for share overprice. Use thirty third splitting firm and thirty third non splitting firms listed in BEI during 2005-2011 periods are selected as the samples. The model analysis used logistic regression to test the hypotheses. The result of this study indicated that financial erformance (earning per share and earning after tax growth) and share overprices (price to earning ratio) affects the probability of stock split decision.

Item Type: Thesis (Other)
Uncontrolled Keywords: stock split, trading theory, signaling theory
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HJ Public Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Art
Depositing User: Magang Magang Siswa
Date Deposited: 20 Feb 2024 03:02
Last Modified: 20 Feb 2024 03:02
URI: http://eprints.stiebankbpdjateng.ac.id/id/eprint/1723

Actions (login required)

View Item View Item