LIQUIDITY EFFECT OF TRADING SHARE, SHARE PRICE LEVEL EXPENSIVENESS, FINANCIAL PERFORMANCE OF THE COMPANY STOCK SPLIT DECISION IN LISTED IN BEI
Abstract
At this time the Indonesian capital market continues to experience a significant increase, it is marked by the continued improvement in the stock price index. IHSG improvement in line with the improved performance of the company. Therefore, the purpose of the research is proving empirically the effect of liquidity of stock trading, stock price expensiveness level, the company's financial performance against the decisions companies listed on the Stock Exchange the stock-split. Used in this study were 56 companies that were selected using purposive sampling method. In this study the variables used can be classified into two groups. Independent variables used in this study consisted of trading volume. Trading frequency, costliness share price, the company's liquidity, solvency and profitability. The dependent variable used the stock-split decision. The method of analysis used to test the method of binary logistic regression and t-test statistics. Based on the results of hypothesis testing found that the frequency stock trading and profitability significantly influence the company's decision to do a stock split, while the volume of stock trading, stock price expensiveness, liquidity and solvency are not significantly influence the company's decision to do a stock split.
Kata Kunci Share Trading Liquidity, Share Price expensiveness level, The financial performance of the Company and Stock Split
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