Pengaruh Pengungkapan Aspek Sosial Ekonomi Terhadap Return Saham Pada Kelompok Saham Jakarta Islamic Index ( JII)

Abstract

Socio-economic aspects of the disclosure is a form of corporate responsibility to the community around , It is a fact that must be implemented and must be reported as a form of management to the audience , so it can affect the value of the company which will affect the value of the company's stock , is designed as a research method is a survey research sourced on secondary data , such as financial data of the companies listed in the stock Exchange stock group JII . Socio-Economic Aspects of Variable Disclosure Score is calculated by Creating a checklist , and for Calculating Return Shares using event study analysis technique is to process the data obtained and discuss the time period used . Abnormal return is used for 7 days , consisting of t - 3 (Prevent , 3 days before the event ) , t 0 (event - date , the day of the event ) , t +3 ( post - event , 3 days after the event ) . The results showed that the socio-economic aspects of the disclosure had no significant effect on stock returns , Major socio-economic aspects of the disclosure effect on stock returns is only 8.30 % only .