Hubungan Sektor Manufaktur Terhadap IHSG
Keywords:
Manufacture Sector, Window Dressing, IDXAbstract
The manufacturing sector is a collection of issuers that have a large stock trading volume, so they have a significant role in changes in the IHSG. The manufacturing sector is a sector that is often used as a sample and research object by researchers. However, the background underlying the decision to make the manufacturing sector a research sample is not much and has not been updated. So the author sees a gap, and is interested in examining how much the relationship between the value of the manufacturing sector and the anomalies that occur in the IHSG. It is expected to be a theoretical basis for further researchers in making the manufacturing sector a research sample. To prove this relationship, the researcher took issuers identified as manufacturing issuers registered with the IDX, after data processing, 137 issuers were sufficient to be research samples. The research period is 2024 in December, namely during the Window Dressing phenomenon, with an observation sample of 19 working days during December 2024. This research is a Quantitative research method. The data analysis technique applied is the association test which uses bivariate correlation analysis / Pearson product moment. The results of the study found that the sig. = 0.044 which means <0.05. So it can be concluded that the manufacturing sector is significantly related to the IHSG. With a positive direction and has a correlation coefficient value of 0.401. This means that if the manufacturing sector has an increase in performance, the IHSG value will also experience an increase in performance, and vice versa. And this also indicates that the manufacturing sector on the Indonesia Stock Exchange has an important role as a catalyst for IHSG performance.
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