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    PERBEDAAN ABNORMAL RETURN DAN LIKUIDITAS SAHAM SEBELUM DAN SESUDAH PENGUMUMAN RIGHT ISSUE (Studi Kasus pada Perusahaan Go Public yang terdaftar di Bursa Efek Indonesia Periode 2014-2018)

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    ABSTRAK Muhammad Zahran Fauzan Qomara (1607062), “Perbedaan Abnormal Rerturn dan Likuiditas Saham Sebelum dan Sesudah Pengumuman Right Issue (Studi Kasus Pada Perusahaan Go Public yang terdaftar Di Bursa Efek Indonesia Periode 2014-2018)”. Di bawah bimbingan Dr. Ahim Surachim, M.Pd., M.Si dan Yusuf Murtadlo, S.Si., M.Stat Dalam pasar modal, investor merupakan salah satu komponen penting supaya perusahaan dapat terus bertahan, salah satu hal yang dilakukannya adalah memberikan dana dan tambahan saham. Adapun upaya perusahaan untuk tetap memiliki investor adalah dengan melakukan pengumuman right issue yang diukur menggunakan abnormal return dan likuiditas saham. Right issue adalah salah satu aksi korporasi yang melakukan penerbitan lembar saham baru yang dijual kepada para pemegang saham lama melalui penawaran yang dilakukan terbatas dalam upaya menambah modal perusahaan. Abnormal return didapatkan dari selisih expected return dengan actual return. Penelitian ini menggunakan event study untuk menguji kandungan informasi yaitu right issue pada event window 5 hari sebelum pengumuman, 1 hari saat pengumuman dan 5 hari sesudah pengumuman dilakukan. Populasi penelitian ini adalah perusahaan yang terdaftar di Bursa Efek Indonesia pada periode tahun 2014-2018, Pemilihan sampel dilakukan dengan purposive sampling dan dihasilkan 7 perusahaan sebagai sampel penelitian. Uji statistik dilakukan menggunakan paired sample t-test untuk mengetahui perbedaan rata-rata abnormal return dan trading volume activity. Hasil pengujian menunjukkan adanya perbedaan abnormal return dan likuiditas saham sebelum dan seesudah pengumuman right issue. Kata Kunci : Pasar Modal, Right issue, Abnormal Return, Likuiditas saham, Trading Volume Activity ABSTRACT Muhammad Zahran Fauzan Qomara (1607062), "Difference of Abnormal Return and Stock Liquidity Before and After the Announcement of Right Issue (Case Study of Go Public Companies listed on the Indonesia Stock Exchange 2014-2018 Period)". Under Dr. Ahim Surachim, M.Pd., M.Si and Yusuf Murtadlo, S.Si., M.Stat In the capital market, investors are an important component so that a company can continue to survive, one of the things it does is provide funds and additional shares. The company's efforts to retain investors is by announcing rights issues, which are measured using abnormal returns and stock liquidity. Right issue is one of the corporate actions to issue new shares which are sold to existing shareholders through limited offerings in an effort to increase the company's capital. Abnormal return is obtained from the difference between expected return and actual return. This study uses an event study to examine the information content, namely the right issue in the event window 5 days before the announcement, 1 day when the announcement is made and 5 days after the announcement is made. The population of this research is companies listed on the Indonesia Stock Exchange in the period 2014-2018. The sample selection was carried out by purposive sampling and produced 7 companies as the research sample. Statistical tests were carried out using paired sample t-tests to determine the difference in the average abnormal return and trading volume activity. The test results show that there are differences in abnormal returns and stock liquidity before and after the announcement of the rights issue. Keywords: Capital Market, Right Issue, Abnormal Return, Stock Liquidity, Trading Volume Activit

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    Variations on the Author

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    “Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship

    Appropriate Similarity Measures for Author Cocitation Analysis

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    We provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis

    Dispelling the Myths Behind First-author Citation Counts

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    We conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more sophisticated methods

    Author Index

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    koamabayili/VECTRON-author-checklist: VECTRON author checklist

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    We have done our best to complete the author checklist relating to the use of animals in the hut study. Note that the objective for the hut study was to evaluate the IRS treatment applications for residual efficacy against Anopheles mosquitoes, including the local An. coluzzii mosquito population. Cows were only used to attract mosquitoes into the huts and no tests were carried out directly on the cows. The author checklist is intended for use with studies where experiments are carried out on animals, which is why we have had such difficulty in completing this for the hut study, as many of the questions do not relate to how the cows were used

    Author Under Sail The Imagination of Jack London, 1893-1902

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    In Author Under Sail, Jay Williams offers the first complete literary biography of Jack London as a professional writer engaged in the labor of writing. It examines the authorial imagination in London's work, the use of imagination in both his fiction and nonfiction, and the ways he defined imagination in the creative process in his business dealings with his publishers, editors, and agents. In this first volume of a two-volume biography, Williams traverses the years 1893 to 1902, from London's "Story of a Typhoon" to The People of the Abyss. The Jack London who emerges in the pages of Author Under Sail is a writer whose partnership with publishers, most notably his productive alliance with George Brett of Macmillan, was one of the most formative in American literary history. London pioneered many author models during the heyday of realism and naturalism, blurring the boundaries of these popular genres by focusing on absorption and theatricality and the representation of the seen and unseen. London created an impassioned, sincere, and extremely personal realism unlike that of other American writers of the time. Author Under Sail is a literary tour de force that reveals the full range of London as writer, creative citizen, and entrepreneur at the same time it sheds light on the maverick side of machine-age literature.Intro -- Title Page -- Copyright Page -- Dedication -- Contents -- Acknowledgments -- Introduction -- 1. Spirit Truth -- 2. From Absorption to Theatricality and Back Again -- 3. "I Will Build a New Present" -- 4. Sons as Authors -- 5. Fathers as Publishers -- 6. The Daughter as Author -- 7. Lovers as Authors -- 8. At Sea with the Family -- 9. Yellow News, Yellow Stories -- 10. The Return Home -- Notes -- Bibliography -- Index -- About Jay WilliamsIn Author Under Sail, Jay Williams offers the first complete literary biography of Jack London as a professional writer engaged in the labor of writing. It examines the authorial imagination in London's work, the use of imagination in both his fiction and nonfiction, and the ways he defined imagination in the creative process in his business dealings with his publishers, editors, and agents. In this first volume of a two-volume biography, Williams traverses the years 1893 to 1902, from London's "Story of a Typhoon" to The People of the Abyss. The Jack London who emerges in the pages of Author Under Sail is a writer whose partnership with publishers, most notably his productive alliance with George Brett of Macmillan, was one of the most formative in American literary history. London pioneered many author models during the heyday of realism and naturalism, blurring the boundaries of these popular genres by focusing on absorption and theatricality and the representation of the seen and unseen. London created an impassioned, sincere, and extremely personal realism unlike that of other American writers of the time. Author Under Sail is a literary tour de force that reveals the full range of London as writer, creative citizen, and entrepreneur at the same time it sheds light on the maverick side of machine-age literature.Description based on publisher supplied metadata and other sources.Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, YYYY. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
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