Analisis Abnormal Return Sebelum dan Saat Pandemi Covid-19 terhadap Saham Sektor Food And Beverages

Muhamad Yusuf Saputra, Fitri Yetti, Siti Hidayati

Abstract


This quantitative research aims to determine whether there is a difference between abnormal returns in the period before and during the COVID-19 pandemic.companies Food and beverage listed on the Indonesia Stock Exchange from February 2020 to April 2020 are the objects used in this study.method Purposive sampling is a method used in selecting the sample in this study. There are 20 companies selected, with a research period of 28 days per event period using 3 events to produce 84 data. This study uses Microsoft Excel 2019 for its analysis, then uses the analysis of the normality test with Shampiro-Wilk for the normality test, and by conducting the t-test using SPSS. The results obtained in this study are (1) Before the occurrence of COVID-19 in Indonesia there was no abnormal return significant, (2) There was a significant abnormal return at the time COVID-19 in a short period. (1) there is a difference in abnormal returns between before and during the COVID-19 pandemic


Keywords


Abnormal Return, Food and Beverages, Event Study.

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References


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