PENGARUH PENGUMUMAN LAPORAN KEUANGAN TERHADAP PERILAKU INVESTOR

Abstract

The purpose of this study was to determine investor behavior one month before the announcement of the financial statements, ahead of the announcement of the financial statements, and one month later after the announcement of the financial statements. The population used in this study is companies listed on the Indonesia Stock Exchange in the Infrastructure, Utilities and Transportation sectors in 2016- 2019 with a sample of 10 companies chosen randomly. The type of data used is secondary data analyzing quarterly finance from 2016-2019 quarter 2. This research method uses descriptive quantitative method with multiple linear regression research techniques. From the results of this study it can be concluded that the announcement or publication of financial statements affects the change in transaction volume with changes in transaction volume, thus describing the behavior of an investor where the announcement of financial statements has no significant effect on transaction volume. thus showing that investors rationally behave in making decisions and analyzing all information obtained not only based on financial statements but from other factors. And the financial report The variable that has a significant effect on volume is the Debt Equity Ratio.