DAMPAK TINGKAT PENGUNGKAPAN INFORMASI PERUSAHAAN TERHADAP AKTIVITAS VOLUME PERDAGANGAN DAN RETURN SAHAM (Studi Empiris Terhadap Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2015)

Abstract In the modern economy, one source of external funds for the company is the stock market. Capital markets provide ample opportunity for the company or to investors to have a mutually beneficial cooperation. Investors need accurate and relevant information to support decision making for safe and profitable. To support this, then the required disclosure of information that contains information about the performance of the company that can be trusted. This research aims to find out whether there is influence of the level of disclosure of company information against the activity of trading volume and stock return on manufacturing companies registered in IDX 2013 until the year 2015. The population used in this study are all the manufacturing companies listed on the Indonesia Stock Exchange (IDX) by 2013-2015. The selection of the sample using a purposive sampling. Based on the criteria, obtained 60 companies sampled in this study. Based on the results of data analysis can put forward some conclusions as follows: 1) t test results show that for variable levels of disclosure of information the company has significant influence against the Trading Volume of Activity. This is shown by the value of disclosure under 0.05, namely of 0.001. 2) variable level of disclosure of information the company had no significant effects against the return of shares. This is shown by the value of disclosure under 0.05 amounting to 0.767. Keywords: Disclousure level, Trading Volume Activity, Stock Retur