Corporate Maneuvers That Rocked Media and Entertainment Stocks
Manuver Korporasi yang Mengguncang Saham Media dan Hiburan
DOI:
https://doi.org/10.21070/ups.9217Keywords:
Acquisition, Corporate Action, Share Price, Stock Split, Right IssueAbstract
This study was conducted to explore and study the impact of corporate actions like acquisitions, stock splits, and rights issues on stock prices in the Media and Entertainment sector for the period 2019 to 2023. From a population of 17 companies, there were 5 companies that made acquisitions, 4 companies that made stock splits, and 4 companies that made rights issues. This study uses the Wilcoxon signed rank test, panel data regression model data analysis and analyzed using the E-Views 12 program. The findings suggest that acquisitions, stock splits, and rights issues does not significantly affect stock prices.
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