Publikasi_Kinerja Keuangan dan Harga Saham sebagai Determinan Keputusan Stock Split: Studi Empiris terhadap Perusahaan Terdaftar
PASAR ?dODAL
KineriaKeuanqry**'r8ssuhuf,sebagaiDeterminan
apPerusahaan
G"*san":'f-t;;*:1}; #ffi ierhaf,
Muniya Alteza
[email protected]
Abstract . {inancisr nerrormance
and i:l81Hf:li:;;:gf*"1
]l'd;t
:r:J"ffi:i":xxT'ffi1,*';[ilt:1ffi f:{#kxklH#n{it#i#rt**:rrx.
'*:ffi 'xXi'H;ru;:'::-:rlf rirupaka'
illl,H*#"*"J#:#tl:SJl,xfu-':,lll'llll:::I"'Ti"T:fl
anJearnins after iax srowtn,: 11"i#oiiin,l,"i,,t'{{'[T,* fiftf+f#Ur,t',,m:,,,,,=
rour non *"",;n'i*",u]nu",t-o',o''"::i[TH:
ili.,i,.'p,i""ioooo*'ilrffif .;1;[.iflf]:ii"^1iilselected
as ini hanva menvebabkan pe vatue
share overprices -t,TII ili.,#ii*og:z006period"3t?::tT:".*
eliirri"g rryY'i'i;u';;'*t.']:
appri"gi"rH:::H
solitting firms ri=t"ain
Til;ii'l'
;x'l*lg:*'31',111;'il
Hnlffi"'[:"i?jr'l!'"
(Proxte
overPrice
.it,t"
ffi#;;^; g,a,ioi#Jirin"
pibu,uly"tj#:j#sr::r**
earn
r
the sampr",.
i
uog[iiJ,"g,",si?"
n
ce
'i},ffi';ll
par
r**"u, plng*unsan
:{11fft"n:lif;UlfT,{!11,;
im*:,,U-,i:mi'
fr.iiiti iHii,ffi
i"fl,],i:j
[ffi;ip"ftorr"n""andhighershareoverPlrr'Eresv"'- .unu#'olil;*g:: lj:'xu|::n:
sPlit'
stock
tradins ranse
sprit, signarins theory,
stock
Keywords:
theory fffiti Ji[1i:,1:1i'fi;!'
o"nnun
:iltu{},n;l'"xmr:'il-T[
;13;ffi*i*tt*l+#U#;ij,
?"*""^naHsaham(srockspr,
action ["^XIlt',T['"T,T'ffiy"H,[:';lS1
nio,i"xr t"nti::"Tl"fs?:l |;H#t5::[t":1l.l:[xfijlT5.:{ii
..nf,,*"n *1,-1 _11i' oleh
""o,rate
perusahaan
lftH;ir;;s t*T::si;;"^ "vr"s l"jo.oiou*"i perusahaan or pasaimooar
,r.gE;vrn d,akukan
il;H;;'gll ""1*"li,i','-"
tl]",u,"n ,ain yans T::*-int9r111
ru:X::""|ffi
[:',I":il:f*lf
n
o'n
ll[i;"n dengan kSld_r:gun
,"r"*u",Pr=rir*',.*niuo'
nemecah
t}i:ffi:fi":'?"0"01'rortpAt'n
saham
rembar
per
k.?lif*;:il:?[fri
#.1s,;"*""
i".o,l."nu.. narsa
ilil;;
;;,;
Hk'"",fr'#lii:lll*lffi$:[:l1l
Hm;r"g:','*:i:l'T'Tili;i"1i ;:';:*nll*l"rxliltrfi*'.:t: [il"*.*,;t
Ti,;#ffi"*:n,:r"f #:J,"'-:i
H;;;;;n,"y:*4i;H#J":1ffi:
rapat umut
dalam
;,ililF:1,'#;:ilf5il:1il:il;"ffiili
^r" *vi"n'lgll;
dan
:1l;fllfi[;'il1",ffi",1ffi-sanam
*;i-ililffii{:"ff"'"3fT',iffffi
#['""J:':;lil::ff:i*#*:H{
-r",s"
lgi':fl:,"iJ119ru,'i,"
i",1in ?::.;;;;
]1ti[;" :?#i,
spread,
r
KineriaKeuanqry**'r8ssuhuf,sebagaiDeterminan
apPerusahaan
G"*san":'f-t;;*:1}; #ffi ierhaf,
Muniya Alteza
[email protected]
Abstract . {inancisr nerrormance
and i:l81Hf:li:;;:gf*"1
]l'd;t
:r:J"ffi:i":xxT'ffi1,*';[ilt:1ffi f:{#kxklH#n{it#i#rt**:rrx.
'*:ffi 'xXi'H;ru;:'::-:rlf rirupaka'
illl,H*#"*"J#:#tl:SJl,xfu-':,lll'llll:::I"'Ti"T:fl
anJearnins after iax srowtn,: 11"i#oiiin,l,"i,,t'{{'[T,* fiftf+f#Ur,t',,m:,,,,,=
rour non *"",;n'i*",u]nu",t-o',o''"::i[TH:
ili.,i,.'p,i""ioooo*'ilrffif .;1;[.iflf]:ii"^1iilselected
as ini hanva menvebabkan pe vatue
share overprices -t,TII ili.,#ii*og:z006period"3t?::tT:".*
eliirri"g rryY'i'i;u';;'*t.']:
appri"gi"rH:::H
solitting firms ri=t"ain
Til;ii'l'
;x'l*lg:*'31',111;'il
Hnlffi"'[:"i?jr'l!'"
(Proxte
overPrice
.it,t"
ffi#;;^; g,a,ioi#Jirin"
pibu,uly"tj#:j#sr::r**
earn
r
the sampr",.
i
uog[iiJ,"g,",si?"
n
ce
'i},ffi';ll
par
r**"u, plng*unsan
:{11fft"n:lif;UlfT,{!11,;
im*:,,U-,i:mi'
fr.iiiti iHii,ffi
i"fl,],i:j
[ffi;ip"ftorr"n""andhighershareoverPlrr'Eresv"'- .unu#'olil;*g:: lj:'xu|::n:
sPlit'
stock
tradins ranse
sprit, signarins theory,
stock
Keywords:
theory fffiti Ji[1i:,1:1i'fi;!'
o"nnun
:iltu{},n;l'"xmr:'il-T[
;13;ffi*i*tt*l+#U#;ij,
?"*""^naHsaham(srockspr,
action ["^XIlt',T['"T,T'ffiy"H,[:';lS1
nio,i"xr t"nti::"Tl"fs?:l |;H#t5::[t":1l.l:[xfijlT5.:{ii
..nf,,*"n *1,-1 _11i' oleh
""o,rate
perusahaan
lftH;ir;;s t*T::si;;"^ "vr"s l"jo.oiou*"i perusahaan or pasaimooar
,r.gE;vrn d,akukan
il;H;;'gll ""1*"li,i','-"
tl]",u,"n ,ain yans T::*-int9r111
ru:X::""|ffi
[:',I":il:f*lf
n
o'n
ll[i;"n dengan kSld_r:gun
,"r"*u",Pr=rir*',.*niuo'
nemecah
t}i:ffi:fi":'?"0"01'rortpAt'n
saham
rembar
per
k.?lif*;:il:?[fri
#.1s,;"*""
i".o,l."nu.. narsa
ilil;;
;;,;
Hk'"",fr'#lii:lll*lffi$:[:l1l
Hm;r"g:','*:i:l'T'Tili;i"1i ;:';:*nll*l"rxliltrfi*'.:t: [il"*.*,;t
Ti,;#ffi"*:n,:r"f #:J,"'-:i
H;;;;;n,"y:*4i;H#J":1ffi:
rapat umut
dalam
;,ililF:1,'#;:ilf5il:1il:il;"ffiili
^r" *vi"n'lgll;
dan
:1l;fllfi[;'il1",ffi",1ffi-sanam
*;i-ililffii{:"ff"'"3fT',iffffi
#['""J:':;lil::ff:i*#*:H{
-r",s"
lgi':fl:,"iJ119ru,'i,"
i",1in ?::.;;;;
]1ti[;" :?#i,
spread,
r