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    Analisis January Effect Terhadap Return Saham, Abnormal Return, Dan Trading Volume Activity Pada Perusahaan Indeks LQ-45 Di Bursa Efek Indonesia

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    Pasar modal selalu mengalami dinamika harga saham pada setiap pergantian tahun. Investor yang aktif akan menemukan fenomena-fenomena tertentu (anomali) dalam analisa pergerakan harga saham yang digunakan untuk memperoleh abnormal return dari portofolio investasi mereka. Fenomena yang kerap terjadi setiap awal tahun yang mengakibatkan tingginya transaksi yang terjadi bisa dipicu oleh euforia pasar akan adanya January Effect. Anomali tersebut menyajikan perbandingan data dimana pada bulan Januari nilai pengembalian yang lebih tinggi dibanding pada rata-rata bulan lainnya. Penelitian ini bertujuan untuk mengetahui dan melihat apakah terjadi January effect pada tahun 2019. Dalam pengujian fenomena January effect ini menggunakan variabel return saham, abnormal return, dan trading volume activity.Metode penelitian yang digunakan dalam penelitian ini adalah metode penelitian kuantitatif. Penelitian ini dilakukan pada Indeks LQ-45 yang terdaftar di Bursa Efek Indonesia (BEI) periode tahun 2019 dan pengambilan sampel menggunakan metode purposive sampling, sehingga diperoleh 38 perusahaan dan pengamatan selama 12 bulan. Data yang dalam penelitian ini yang digunakan adalah data sekunder yang diperoleh dari situs resmi Bursa Efek Indonesia yang berupa laporan harga saham dan volume perdagangan periode tahun 2019. Metode analisis yang digunakan adalah analisis uji beda Paired Sample T-test dengan menggunakan SPSS versi 23.Hasil penelitian menunjukkan bahwa terdapat perbedaan return saham, abnormal return, dan trading volume activity pada bulan Januari dengan rata-rata return saham, abnormal return, dan trading volume activity selain bulan Januari di Indeks LQ-45 pada periode 2019, sehingga dapat disimpulkan bahwa di Indeks LQ-45 pada Bursa Efek Indonesia Periode Tahun 2019 terjadi January effect. Kata kunci: January effect, return saham, abnormal return, dan trading volume activityDAFTAR PUSTAKAAlhakim, I. A., Waskito, J., & Subroto, S. (2017). ANALISIS REAKSI PASAR MODAL DILIHAT DARI ABNORMAL RETURN (AR) DAN TRADING VOLUME ACTIVITY (TVA) TERHADAP KEBIJAKAN TAX AMNESTI PADA SAHAM PERUSAHAAN YANG TERDAFTAR DI SAHAM INDEKS LQ 45. Permana: Jurnal Perpajakan, Manajemen, dan Akuntansi, 9(1).Al-Majali, A. A., & Al-Assaf, G. I. (2014). 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Day Of The Week Effect dan Month Of The Year Effect Terhadap Return Indeks Pasar. Jurnal Nominal, Volume III.Sari, F. A., & Sisdyani, E. A. (2014). Analisis January Effect di Pasar Modal Indonesia. E-Jurnal Akuntansi Universitas Udayana 6.2, 2, : 237-248.Sharpe W.F, B. J. V. & A. G. . (1995). Investment. Prantice Hall: New Jersey.Subekti, I. (2006). Pengujian Anomali Januarry Effect dan Overreaction Hypotesis di Bursa Efek Jakarta. Dalam Jurnal Ekonomi dan Manajemen, 7(1): 7: h:108-116.Subhan, M., Hasan, A., & Wijaya, E. Y. (2016). Analisis Perbedaan Abnormal Return dan Volume Perdagangan Saham Sebelum dan Sesudah January Effect pada Saham Indeks LQ 45 di Bursa Efek Indonesia. Tepak Manajemen Bisnis, VIII(3), 1–12.Suganda, T. R. (2018). Teori dan Pembahasan Reaksi Pasar Modal Indonesia. Puntadewa.Sugianto, D. (2019). January Effect Bikin IHSG Perkasa Sejak Awal Tahun. Diakses dari artikel detikfinance https://finance.detik.com/bursa-dan-valas/d-4388353/january-effect-bikin-ihsg-perkasa-sejak-awal-tahunSugiyono. (2018). Metode Penelitian Kuantitatif Kualitatif dan R&D. Bandung: Alfabeta.Surjoko, F. O. (2014). Efek Bulan Januari (The January Effect). Bina Ekonomi, 18(1).Tasman, A., Rasyid, R., & Timuria, I. P. (2015). Analisis January Effect: Studi Empiris pada Main Board Index (MBX) di Bursa Efek Indonesia. Jurnal Kajian Manajemen Bisnis, 4(2).Van Horne, J. C., Wachowicz, J. M. (2005). Fundamentals of Financial Management. United Kingdom: Financial Times Prentice Hall.W. Pradnyaparamita, N. M. & H. R. (2017). Pengujian Anomali Pasar January Effect Pada Perusahaan Lq45 Di Bursa Efek Indonesia. E-Jurnal Manajemen Universitas Udayana, 6(7), 3513–3539.Wahid, A. R. (2020). 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    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

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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

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    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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