Abstract
Tax regulation in lndonesia hos been changed for several times. The purpose is to stimulate basiness in Indonesia so that it will increase national income. One of the main purpose of Tax Reform 2000 is to increase companies' efficiency. As a result it wilt maximize companies' value through stabilizing and increasing stork capitalization. The aim of this research is to investiate whetlter tax reform announcement influence stock price, klown as abnormal return. Data is gathred from Jakarta Stock Exchange and samplewas manufactured indutries. The resesrch showed that there was abnormal returned for several days arround tax reform announcementKey words: Tax regalation, stock price, abnormal return.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
