PENGARUH BID-ASK SPREAD, MARKET VALUE, KEBIJAKAN DIVIDEN, DAN VOLUME PERDAGANGAN TERHADAP HOLDING PERIOD

Wila Wildayani, Herma Wiharno, Siti Nuke Nurfatimah, Chintia Fitriani

Abstract


The purpose of this study is to examine and analyze the effect of Bid-Ask Spread, Market Value, Dividend Policy, and Trading Volume on the Holding Period of Tourism & Recreation Companies listed on the Indonesia Stock Exchange for the 2017-2021 period. Sample selection using quota sampling technique and samples that meet the criteria of 29 companies. Data collection techniques were carried out using non-participant observation methods. The research method used is descriptive verifiative. The hypothesis was tested using panel data regression analysis technique with E-Views per 9.0. The model selection test in research is a fixed effect model. The results of the study are known that bid-ask spread has a significant positive effect on the holding period, market value has a significant positive effect on the holding period, Dividend policy with dividend payout ratio indicator has a significant positive effect on the holding period, and trading volume has a significant negative effect on the holding period

Keywords :      Holding Period, Bid-Ask Spread, Market Value, Dividend Policy, Trading Volume


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DOI: https://doi.org/10.25134/jrka.v9i2.8823

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