Record Details

ANALISIS THE DAY OF THE WEEK EFFECT, WEEK FOUR EFFECT, DAN ROGALSKY EFFECT TERHADAP RETURN SAHAM LQ 45 DI BURSA EFEK INDONESIA (BEI)

Jurnal Ilmiah Riset Akuntansi

View Archive Info
 
 
Field Value
 
Title ANALISIS THE DAY OF THE WEEK EFFECT, WEEK FOUR EFFECT, DAN ROGALSKY EFFECT TERHADAP RETURN SAHAM LQ 45 DI BURSA EFEK INDONESIA (BEI)
 
Creator Ardila, Nova
Maslichah, Maslichah
Junaidi, Junaidi
 
Description ABSTRACTThe research aims to test and analyze ‘the day of the week effect’, ‘week foureffect’ and ‘Rogalsky effect’. The samples of the study are companies continuouslyregistered as LQ-45 Indonesia Stock Exchange in 2016, with 45 stocks as thesamples. After being analyzed with Kolmogorov-Smirnov Normality Test, it issettled that non-parametric test will be used to test the hypothesis.From the test result for variable of ‘the day of the week effect’ using KruskalWallis test, it can be concluded that there is no phenomenon of ‘the day of theweek effect’ in Indonesia Stock Exchange which can cause significant differencesin the average of daily stock return in a week.The test result for variable of ‘week four effect’ using Kruskal-Wallis testproves that there are differences between the first three-weeks and the fourth weekin every month during trading days.There is Rogalsky Effect phenomenon in the test using Kruskal-Wallis testwhich is indicated by significant differences between stock return in Mondaysduring April and non-April.Keyword : The day Of The Week Effect, Week FourEffect, Rogalsky Effect
 
Publisher Jurnal Ilmiah Riset Akuntansi
 
Contributor —
 
Date 2018-08-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://riset.unisma.ac.id/index.php/jra/article/view/1347
 
Source Jurnal Ilmiah Riset Akuntansi; Vol 7, No 02 (2018): e_Jurnal Ilmiah Riset Akuntansi Agustus 2018
2302-7061
 
Language eng
 
Relation http://riset.unisma.ac.id/index.php/jra/article/view/1347/1342
 
Rights Copyright (c) 2018 Jurnal Riset Akuntansi