Testing the Ramadan Effect on Consumer Goods Industry and Miscellaneous Industry Companies Listed on the Indonesia Stock Exchange (IDX)
- 10.2991/aebmr.k.220702.017How to use a DOI?
- Abnormal Return; Ramadan Effect
This study aims to analyze the Ramadan Effect on the consumer goods industry and miscellaneous industry companies listed on the Indonesia Stock Exchange (IDX). The population in this study are all companies in the consumer goods industry and miscellaneous industry listed on the Indonesia Stock Exchange in 2020. The data source uses secondary data. The sampling technique used was purposive sampling. The number of samples in this study were 37 sectors of the miscellaneous industry and 43 sectors of the consumer goods industry with a total sample of 80 companies. The event windows in this study are (-5.5) and (-10.10). The data analysis method used is the Wilcoxon Signed Rank Test using SPSS 16. Investors and companies that can anticipate changes in investment behavior before and during the entry of the month of Ramadan which can result in losses in stock trading.
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Cite this article
TY - CONF AU - Selvia AU - Aimatul Yumna PY - 2022 DA - 2022/07/21 TI - Testing the Ramadan Effect on Consumer Goods Industry and Miscellaneous Industry Companies Listed on the Indonesia Stock Exchange (IDX) BT - Proceedings of the Eighth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-8 2021) PB - Atlantis Press SP - 112 EP - 120 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220702.017 DO - 10.2991/aebmr.k.220702.017 ID - 2022 ER -