Abstract
Extraordinary phenomenon occurred in Indonesia related to the complaint of the Minister of Energy and Mineral Resources (ESDM), Sudirman Said, to the Court of Honor Council (MKD) DPR related profiteering behalf of the President and Vice-President of the Republic of Indonesia by the Chairman of the House of Representatives (DPR) about a contract extension PT Freeport Indonesia (PTFI). These events have an impact on JCI. However, there are companies in certain sectors that have a similar business with PTFI got the greatest impact on this case, the mining companies in sub-sectors of the metal and mineral mining.Through this study is unknown how much the market reaction to events MKD hearing on December 2, 2015 in the sub-sector of metal and mineral mining. Samples were shares of mining sub-sector of metals and minerals. Data analysis techniques in this study using event study. Based on the analysis, indicate that there are negative abnormal returns on the sub company of metal and mineral mining one day before the reading of the full recording in trial Court Honor Council related PT Freeport Indonesia and the Chairman of the House of Representatives held, the day is on December 1, 2015.
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