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Effect of 2008 and 2016 U.S Presidential Election in the Indonesian Stock Market

Evelyn, and Basana, Sautma Ronni (2017) Effect of 2008 and 2016 U.S Presidential Election in the Indonesian Stock Market. In: i-COME (International Conference on Management and Entrepreneurship), 13-07-2017 - 13-07-2017, Denpasar, Bali - Indonesia.

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    Abstract

    The U.S. Presidential election was an event that received widespread attention across the globe. In the 2008 presidential campaign, Barrack Obama nominated to be the first black President. In 2016, Hillary Clinton potentially become the first woman President in American history, while the other candidate, Donald Trump, made some unpopular and controversial proposals. The purpose of this paper is to analyze whether the 2008 and 2016 election were considered as the relevant information in the Indonesian Stock Market (IDX). The daily closing prices of all all share listed in IDX would be examined used event study method. The results provide insight about the responsiveness of IDX participants to the US Presidential election event that could be used in decision making.

    Item Type: Conference or Workshop Item (Paper)
    Uncontrolled Keywords: the 2008 and 2016 U.S Presidential Election, Indonesia Stock Market (IDX), Event Study
    Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
    Divisions: Faculty of Economic > Finance Management Program
    Depositing User: Admin
    Date Deposited: 19 Jul 2017 20:34
    Last Modified: 04 Sep 2017 15:28
    URI: http://repository.petra.ac.id/id/eprint/17654

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