Title : Market Reaction to the Ratification of the Amendment to Accounting Work Benefits
Authors:
- Rahmi Izzati Putri
- Harymawan Faith
Department: Accounting
Journal Name : Accounting Journal
Kinds of Journal : Sinta 3
Keywords : Event Study, Cumulative Abnormal Return, Market Reaction, Employee Benefits
ABSTRACT
The purpose of this study is to see the market reaction before and after the event of the work, the AMENDMENT RATIFICATION AMERENDMENT RATIFICATION. This Study Used 311 Observations of Companies listed on the Indonesia Stock Exchange (IDX) During 2013 and use the Event Study Research Approach and paired sample t-test analysis technique to test differences in market reactions as indicated by cumulative abnormal Work Recounting Amendment. This study found that there was a positive and significant difference in the car between before and after the event of ratificeation of the work unclean accounting amendment. This study has implications for investors to get a picture of the market reaction that occurs as a result of the ratification of the work rewards accounting amendment. The results of this study indicate that there are differences in the market reactions before the ratification of the work rewards accounting amendment.
For details
https://ejournal.atmajaya.ac.id/index.php/jara/article/view/1691/1132
