ANALISIS PENGARUH STOCK SPLIT TERHADAP VOLUME PERDAGANGAN DAN RETURN SAHAM PADA PERUSAHAAN TERDAFTAR DI BEI TAHUN 2021–2024

This study aims to analyze the differences in trading volume, stock return, and stock price before and after stock splits in companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. The research uses a quantitative approach with secondary data obtained from financial reports and stock trading data. The analytical methods employed include normality tests and difference tests (paired sample t-test and Wilcoxon Signed Rank Test). The results indicate a significant difference in stock prices before and after the stock split. However, there are no significant differences in trading volume and stock returns. This suggests that stock splits are not always positively perceived by the market and do not automatically increase trading activity or stock returns