Business, Management and Accounting
3 years ago

Stock splits fail to boost stock prices and returns in Indonesia.

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ANALYSIS OF THE EFFECT OF STOCK SPLIT ON STOCK PRICES AND STOCK RETURNS IN COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE (IDX) 2017-2019 PERIOD
Ainun Annisa

Paper Summary

The study looked at how stock splits affect stock prices and returns in Indonesian companies from 2017 to 2019. They analyzed data from 29 companies and found that stock splits did not have a significant positive impact on stock prices or returns.

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