ANALISIS REAKSI PASAR MODAL ATAS PERISTIWA KEBIJAKAN AMNESTI PAJAK 2016  (Studi Efisiensi Pasar Modal Indonesia)

Taufika Nur Widyasari; Ifada Faila Suffa; Naili Amalia; Aflit N Praswati

doi:10.14710/jab.v6i2.16615

DOI: https://doi.org/10.14710/jab.v6i2.16615

ANALISIS REAKSI PASAR MODAL ATAS PERISTIWA KEBIJAKAN AMNESTI PAJAK 2016 (Studi Efisiensi Pasar Modal Indonesia)

*Taufika Nur Widyasari - Departemen Administrasi Bisnis, Fakultas Ilmu Sosial dan Ilmu Politik, Universitas Diponegoro, Indonesia

Ifada Faila Suffa - Departemen Administrasi Bisnis, Fakultas Ilmu Sosial dan Ilmu Politik, Universitas Diponegoro, Indonesia

Naili Amalia - Departemen Administrasi Bisnis, Fakultas Ilmu Sosial dan Ilmu Politik, Universitas Diponegoro, Indonesia

Aflit N Praswati - Departemen Administrasi Bisnis, Fakultas Ilmu Sosial dan Ilmu Politik, Universitas Diponegoro, Indonesia

Received: 22 Nov 2017; Published: 2 Jul 2018.

Citation Format:

Abstract

Capital market is a financial instrument that trades securities in the form of bonds and long-term equity issued by the government or private companies that will be bought by investors through the brokers. Capital markets can be affected by changes and developments in economic, political and social variables that will impact on the economic stability of a country. In addition, economic stability in a country can be influenced by government policies, one of which is a tax amnesty program that has been enacted since 2016 by legalizing Law no. 11 Year 2016 on Forgiveness of Taxes. This policy can bring reaction to all companies that listed on Indonesia Stock Exchange (IDX). If an accurate quick reaction occurs to achieve a new equilibrium price that fully reflects the information available, then this market conditions are called efficient markets. This research will discuss about the analysis of capital market’s reaction that happened after the government policy about tax amnesty 2016 in Indonesia Stock Exchange (BEI).

Fulltext View|Download

Keywords: Tax amnesty, Close price, Abnormal return

Article Metrics:

Article Info

Section: Articles

Language : ID

In Vol 6, No 2 (2017)

Recent articles

THE INFLUENCE OF BRAND IMAGE AND PRODUCT QUALITY CONCERNING AUTOMOBILE BUYING DECISION OF ISUZU PANTHER AT PT. ASTRA ISUZU SEMARANG PENGARUH DAYA TARIK DAN WORD-OF-MOUTH TERHADAP KUNJUNGAN ULANG MELALUI KEPUASAN PENGARUH KUALITAS PELAYANAN, DAYA SAING DESTINASI DAN PENGALAMAN SEBELUMNYA TERHADAP KEPUTUSAN BERKUNJUNG KEMBALI DENGAN KEPUASAN PENGUNJUNG SEBAGAI VARIABEL INTERVENING More recent articles

Most cited articles

Pengaruh E-Service Quality dan E-Security Seals Terhadap E-Satisfaction Melalui Keputusan Pembelian Konsumen E-Commerce (Studi Kasus pada Konsumen Lazada Indonesia) Pengembangan Pariwisata Berbasis Budaya dan Kearifan Lokal Pengaruh Nilai Pelanggan dan Kualitas Layanan Terhadap Loyalitas Pelanggan, Melalui Kepuasan Pelanggan Pada Pelanggan Bus Efisiensi (Studi PO Efisiensi Jurusan Yogyakarta-Cilacap) Pengaruh Keselamatan Dan Kesehatan Kerja Terhadap Prestasi Kerja Karyawan Pada PT. PLN (Persero) APJ Semarang More cited articles

Last update:

Stock market reaction to government policy on determining coal selling price
Sunardi Sunardi, Christiana Noviolla, Supramono Supramono, Yustinus Budi Hermanto. Heliyon, 9 (2), 2023. doi: 10.1016/j.heliyon.2023.e13454

Last update: 2024-04-16 11:51:49

No citation recorded.

Starting from 2022, the author(s) whose article is published in the Jurnal Administrasi Bisnis (JAB) attain the copyright for their article and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. By submitting the manuscript to JAB, the author(s) agree with this policy. No special document approval is required.

The author(s) guarantee that:

their article is original, written by the mentioned author(s),
has never been published before,
does not contain statements that violate the law, and
does not violate the rights of others, is subject to copyright held exclusively by the author(s), and is free from the rights of third parties, and that the necessary written permission to quote from other sources has been obtained by the author(s).

The author(s) retain all rights to the published work, such as (but not limited to) the following rights:

Copyright and other proprietary rights related to the article, such as patents,
The right to use the substance of the article in its own future works, including lectures and books,
The right to reproduce the article for its own purposes,
The right to archive all versions of the article in any repository, and
The right to enter into separate additional contractual arrangements for the non-exclusive distribution of published versions of the article (for example, posting them to institutional repositories or publishing them in a book), acknowledging its initial publication in this journal (Jurnal Administrasi Bisnis).

Suppose the article was prepared jointly by more than one author. Each author submitting the manuscript warrants that all co-authors have given their permission to agree to copyright and license notices (agreements) on their behalf and notify co-authors of the terms of this policy. Jurnal Administrasi Bisnis (JAB) will not be held responsible for anything that may arise because of the writer's internal dispute. Jurnal Administrasi Bisnis (JAB) will only communicate with correspondence authors.

Authors should also understand that their articles (and any additional files, including data sets, and analysis/computation data) will become publicly available once published. The license of published articles (and additional data) will be governed by a Creative Commons Attribution-ShareAlike 4.0 International License. Jurnal Administrasi Bisnis (JAB) allows users to copy, distribute, display and perform work under license. Users need to attribute the author(s) and Jurnal Administrasi Bisnis (JAB) to distribute works in journals and other publication media. Unless otherwise stated, the author(s) is a public entity as soon as the article is published.