DAMPAK STOCK SPLIT TERHADAP TRADING VOLUME ACTIVITY, RETURN SAHAM, DAN ABNORMAL RETURN (Studi Pada Perusahaan yang Tercatat di BEI Tahun 2012-2016)

The purpose of the study was to analyze the influence of stock split towards volume activity, stock return, and abnormal return at company listed in IDX during 2012-2016. This study used an event study to determine the difference of 5 days before and 5 days after stock split from 37 companies that become the research sample. The method used in this research is wilcoxon sign rank test with the result that there is no difference of trading volume activity before and after stock split seen from probability value 0.919 > 0.05. The result of stock split on stock return is known that there is significant difference of stock return before and after stock split seen from probability value 0.012 < 0.05. While the results on the abnormal return that there are significant differences abnormal return before and after stock split seen from the probability value 0.007 < 0.05