Djohanputro, Bramantyo Primary Author mixed material bibliography Jakarta Lembaga PPM 2004 id Indonesia

Printed Material

Capital market efficiency is related to the speed and cost to obtain information related to portfolio decision. An efficient market does not provide any opportunity to beat the market and to gain abnormal profit. This study attempts to explore whether Indonesian capital market is efficient using stock split under an event study. A semi strong efficient market means that nobody has ability to exploit private information from public data such as stock split. ff the market is not efficient, investors can beat the market by employing active investment style. This study indicates that active style may be worthwhile to invest in Indonesian capital market. Capital market efficiency is related to the speed and cost to obtain information related to portfolio decision. An efficient market does not provide any opportunity to beat the market and to gain abnormal profit. This study attempts to explore whether Indonesian capital market is efficient using stock split under an event study. A semi strong efficient market means that nobody has ability to exploit private information from public data such as stock split. ff the market is not efficient, investors can beat the market by employing active investment style. This study indicates that active style may be worthwhile to invest in Indonesian capital market. Capital market efficiency is related to the speed and cost to obtain information related to portfolio decision. An efficient market does not provide any opportunity to beat the market and to gain abnormal profit. This study attempts to explore whether Indonesian capital market is efficient using stock split under an event study. A semi strong efficient market means that nobody has ability to exploit private information from public data such as stock split. ff the market is not efficient, investors can beat the market by employing active investment style. This study indicates that active style may be worthwhile to invest in Indonesian capital market. Market Efficiency Jakarta Stock Exchange NONE 18298176 Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen Even Study berupa Stok Split untuk Menguji Efisiensi Pasar Modal 49433 2020-01-08 12:57:04 2020-01-08 12:57:04 machine generated