The Health Sector Stock Market Reaction to the Implementation of the PSBB Policy Due to Covid-19 in Indonesia

Inventory: Jurnal Akuntansi

View Publication Info
 
 
Field Value
 
Title The Health Sector Stock Market Reaction to the Implementation of the PSBB Policy Due to Covid-19 in Indonesia
 
Creator Rahma, Intan Fadila
Pravitasari, Dyah
 
Subject Abnormal Return; Average Tradin; Large-Scale Social Restrictions (PSBB); Volume Activity; Healthycare Sector
 
Description  The pandemic that occurred at the end of 2019 resulted in changes in various sectors of life globally. Indonesia is one of the countries affected by this condition. After the government implemented the Large-Scale Social Restrictions (PSBB), this affected the stock market reaction, especially in the health sector. The research uses a quantitative approach with the type of event study research. This study uses descriptive statistical analysis. In order to test the normality of the data, it is necessary to test for normality using the Shapiro Wilk method. This is because the data used is less than 50. The researcher uses a hypothesis test t Test for data that is normally distributed, while for data that is not normally distributed, it can be tested with the Wilcoxon Signed Ranks Test. The results of this study indicate that before and during the implementation of PSBB, the abnormal return yields were insignificant, and there was no difference between the Average Abnormal Return before and during the implementation of PSBB in the health sector, but the Average Trading Volume Activity showed differences between before and during the implementation of PSBB. when the PSBB was implemented in the health sector. The conclusion is that before and when the PSBB was implemented, it showed that there was no significant difference in the Average Abnormal Return of the health sector, which means that the PSBB did not affect the Average Abnormal Return in the health sector but caused a significant difference in the Average Trading Volume Activity of the health sector, which means that the PSBB had an effect on the Average Trading Volume Activities (ATVA).
 
Publisher Universitas PGRI Madiun
 
Contributor
 
Date 2022-04-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://e-journal.unipma.ac.id/index.php/inventory/article/view/12048
10.25273/inventory.v6i1.12048
 
Source INVENTORY: JURNAL AKUNTANSI; Vol 6, No 1 (2022); 14-26
2613-912X
2597-7202
 
Language eng
 
Relation http://e-journal.unipma.ac.id/index.php/inventory/article/view/12048/pdf
 
Rights Copyright (c) 2022 INVENTORY: JURNAL AKUNTANSI
http://creativecommons.org/licenses/by-nc-sa/4.0
 

Contact Us

The PKP Index is an initiative of the Public Knowledge Project.

For PKP Publishing Services please use the PKP|PS contact form.

For support with PKP software we encourage users to consult our wiki for documentation and search our support forums.

For any other correspondence feel free to contact us using the PKP contact form.

Find Us

Twitter

Copyright © 2015-2018 Simon Fraser University Library