PENGARUH STOCK SPLIT TERHADAP VOLUME PERDAGANGAN SAHAM DAN ABNORMAL RETURN SAHAM PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

The purpose of this study is to analyze trading volume and abnormal return between
before and after the stock split event. This study was included in the event study.
The population in this study are all companies listed on the IDX and conduct stock
split. The sampling technique in this study used a purposive sampling method. The
total number of samples in this study amounted to 36 companies. The hypothesis
test used is Wilcoxon signed ranks test for trading volume variables and paired
sample t-test for abnormal return variables. Hypothesis 1A test results show that
there is no significant difference in stock trading volume between before and after
the stock split event. Hypothesis 1B test results also indicate that there is no
significant difference in abnormal returns between before and after the stock split
event.

Keywords: trading volume, abnormal return, stock split