Murhadi, Werner Ria (2013) PENGARUH IDIOSYNCRATIC RISK DAN LIKUIDITAS SAHAM TERHADAP RETURN SAHAM. Jurnal Manajemen dan Kewirausahaan, 15 (1). pp. 33-40. ISSN 1411-1438
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Abstract
This study aimed to examine the effect of idiosyncratic risk and liquidity of shares on stock return. The study used data of 50 companies listed on the Indonesia Stock Exchange 2009-2011 period. The independent variable in this study is the idiosyncratic risk and the liquidity of the shares, as well as control variables such as firm size. Using panel data and pooled least square obtained results: idiosyncratic risk has a significant negative effect on stock returns, liquidity of the shares have significant positive and significant negative effect of firm size. This implies that firms with small idiosyncratic risk that small investors will be preferred, so the demand from individuals and institutions simultaneously will push stock prices and provide a higher return. Keywords: idiosyncratic risk, stock liquidity and stock return
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | idiosyncratic risk, likuiditas saham dan stock return |
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Business and Economic > Department of Management |
| Depositing User: | Werner R. Murhadi 31124 |
| Date Deposited: | 26 Sep 2014 06:01 |
| Last Modified: | 24 Mar 2021 14:55 |
| URI: | http://repository.ubaya.ac.id/id/eprint/20911 |
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