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lmplication of 0wnership Structure and financialIlecision toward tirm Ualue with

$tructural Equation Modelinq IStMl Analysis Method ttmpirical Study at lndonesia


Stnck [xchanqe]
Ahmad Rndoni: l{urfarhana: Bahrul Yaman

Penqaruh Corporate
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Analisis Motivasi Dibalilt Stoclt Split dan
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lwwwm Etikonomi, VoI. 9, Na. 3, Desember zoto
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Editor in Chief
Ahnacl Rodoni

Managing Editor
Indovama Nasaruclin

Penyunting Pelaksana
Ni. Arif Nluf aini
r\dc Suherlan

Board of Editor
Abdul Hamid Ahmad Dhumvathi Bashori
UIN Svarif Hida,vatullah -f akana LIIN Sl'arif l-{idar''atullah Jakarta

S:rm Azzam Jassin Pudii .\sruri


UIN Svar-if I'hdayatullah .Takarta Unir.ersitas Borobudur Jakarta

'fri Siwi .\g,usunr


Yahvr Hamzn
LTIN Svarif Hicla,vatuliah .Jakarta' Universitas Airlang4a Surabat'a

Pheni Chalid J oeliatv


LllN Svarif Hidai'anrllah |akarta Ll nivcrrsitas P adiajar an B andung

Rahmalvati StanleyJ. Ferdinandus


[ ]niversitas Pattrmura
LIIN Svarif Hidal'atullah Jakarta
Husein Umat
Leis Suzanav-atv
Ll IN Syadf Flidar-arufi a k Jakarta Institut Pcttanian Bogor

Nluchlis Yunus
Jack)- Sumarrarv
U nir-ertsita s Samrarulangi Unitersitas Sl-ah }'uala Randa Acel-r
Nlanadrr

Nlusa Hubeis Ilatin Sr"ams)'iLlah Barida


Institut Pcrtaniafl Bogor Unir.ersiti I{ebangsaan hlalalsia
Alaluku

h'L Rizan Ezari Ibtahirn


tlnir-ersitas Ncgeri Jakatta U nir.ersiti l{ebangsaan Nf alavsiir

Sri Darvaati
[- nir ersit as I ndorrrsia

Secretary
Umiyati
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:
t-
Eiiktnani, l,talrnu 9 itto..1, De:enthr20l0

Julita. (2002), Nlarket Reaction cf Stock Split Announcement, fnmal Kiat,\rol. IV No. THE INFLT'E]
11. Oktot'er. IMPT.F]\{E\
ECONOI{I(
Jog, \rija.r,' dan Peng Cheng Zhu, (200'1), Thitq'- Yeats of Stock Sp1it, Relerse Spirt and
Stock l)eridend in {,anada, kesearch Pqer, Sprott School of Busine-.s Cadeton
L)nevcrsitr,-, ( ) tarva.

Ilta-rtell, T'ertence F. dan Webb, Ci,vendolyn P., i2tl{-}5), The Performance of Stock that
arc Reverse Spht, Reseatrb Pa1>er.The (-in- Uaiversitv of Ner'v }'otk. 'fhe ahirdre o_i .it;:- :
tott ctrrt |ob :ttht;.;' :
of Stock Sirlrt on Frice
Pa\rabutl, Pantisa cialr Sitodom, I{ulpatro, (200u). The lrr- purct .fakana. Tbe n-et,l; "
and Liquidin' on the Stock Exchanse of 'fhailand, [nternationol l*sean-h .t'onrnal af an ltanciiing ,7ac;i;', .:
',8/ tt fi age ffi e tr I, ti F F, E
I:inance and Econonir, Thaiianil.
[)ata dnail'ryi i'.;: i..,
Nornta/ih' res;. Ti:: ':
Rahmav'arr,', Zrdny, (2005). Analisis Renrrn Saham Sebelum dan Sesudah Stoch SpLit thcrv is ccnt/aiiot :: tr,
pada Pemsahaan Go Publik di Butsa Efeli Surabrr,ta, Jarwal f:konomi. lJisnis dan in FEB {_il\. -\;,.:;,;,:
So.rial ffEB':), \roi. 5 No. 2. Janr"rati. towar d fob,4t/tn,.l; i\
I{eTwords: TO-\i..,
Rifar, Achmad dan Handoko, Rudi, (2005), Fensaruh Pernecahan Saham 'l'crharlap
'lingkat Pengemt'aLian Saham: Srudi Nlengenai llfisiensi Pasar Bentuk Setengah
Ktrat di Bursa Efek jak:arta, lamal Keuan,gan dan Moneter,Yol" 2 No' 8. Dr:seinber' 1.. PENDAHU
(,ompetit
Savitri, Nlclinda, dan Nlartani, D*! (2{106,\, The Analisvs Impact of Stock Spl-it and
Rer,'erse Split on Stock Return and Voiume The Case of Jakarta Stock Exchange, enough; maflF ufr
R-tsearth Paper, Linrrersitv of Indonesia. kno*4edge c-,f thc

Sufrisno, Wang, (2000), Pengamh Stock Split Terhadap l jkuiitas dan l{eturn Saham di Carnpus MaSlazint
Bursa Efek f akarta. Jwrnai d[awlernn 6 Keryirnusahaan,\'o1.2 No. 2. September. gain kno$ledee a

beiier-eil to be tirc
Widiastuti, Harjanti. dan Llsmara, (2005), Analisis Faktor-Faktor \rang llempcnganrhi
Stock Spht dan Pcnganrhni'a Terhadap Nilai Perusahaan, lurna/ Akwnl.ansi rJm Facultr- o
Inrcstasi.\i-ol. 6 No.2. iuJi. should be able t,,

Wirman, Ade, (2002), Anaiisis Pengaruh Stock Split T'erhadap likuiditas Saham di term of product
Pasar Nlodal , Ecanonsac, Vol. I No. 1. Februari. tailored student p
FEB must focus ,

senices. Staff an,

theit snrcient on a,

10
Dos"n Tetap Fak
l1
Alurnni Fakultas

n2

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