7 th International Conference on Business, Economics and Social Sciences (ICBESS) 2022 Creativity and Innovations of Business, Management, and Accounting on Resilent and Sustainable Economic Recovery ; The Impact of Merger Issues on BUMN Sharia Banks (BRIS, BSM, BNI Syariah) on the Value of BRIS Shares

Pujihastuti, Isti and Rifai, Muhammad Fikri and UNSPECIFIED (2022) 7 th International Conference on Business, Economics and Social Sciences (ICBESS) 2022 Creativity and Innovations of Business, Management, and Accounting on Resilent and Sustainable Economic Recovery ; The Impact of Merger Issues on BUMN Sharia Banks (BRIS, BSM, BNI Syariah) on the Value of BRIS Shares. Creativity and Innovations of Business, Management, and Accounting on Resilent and Sustainable Economic Recovery. pp. 1-272.

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Abstract

Purpose — The purpose of this study was to determine the impact of the issue of Islamic banking mergers on the value of BRIS shares. Using a quantitative approach, namely the comparative model, with the average difference test method. Based on BRIS stock closing price statistics, stock returns are obtained by comparing today's closing stock price reduced by the previous day's closing price and then divided by the previous closing price. Meanwhile, the expected return is obtained by using the CAPM model. The research results for the observation of ten days before and after the merger show that there is no significant difference between the actual daily return around the merger as well as for the Expected return. However, for the seven months of observation between before and after the merger, it shows significant evidence, meaning that in a longer period of observation, there is an impact of the issue of BUMN sharia banking mergers on the value of BRIS shares. Designmethodologyapproach — Findings — Practical implications — Originalityvalue — Keywords — Actual return, expected return, comparative study, saham BRIS. Paper type —

Item Type:	Article
Keywords / Kata Kunci:	Actual return, expected return, comparative study, saham BRIS
Subjects:	Akuntansi Keuangan Manajemen Keuangan Manajemen Sumber Daya Manusia
Faculty:	Fakultas Ekonomi > Akuntansi S1
Depositing User:	Mr Feby Heryanto., S.Sos
Date Deposited:	06 Apr 2023 04:17
Last Modified:	06 Apr 2023 04:42
URI:	http://repository.unismabekasi.ac.id/id/eprint/2612

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