Russian invasion of Ukraine: impact on stock trade volume and price of Indonesian coal companies / Batsyeba Sundari, Rahmawati and Budiasih

Sundari, Batsyeba and -, Rahmawati and -, Budiasih (2023) Russian invasion of Ukraine: impact on stock trade volume and price of Indonesian coal companies / Batsyeba Sundari, Rahmawati and Budiasih. Asia-Pacific Management Accounting Journal (APMAJ), 18 (3): 11. pp. 301-318. ISSN 2550-1631

Abstract

The war resulted in inflation and fuel shortages. The coal sector was significantly affected by Russia’s incursion into Ukraine. The objective of this study is to examine the disparities in the price and trading volume of PT Bumi Resources stocks prior to and following Russia’s hostile actions towards Ukraine. The utilized observation data spans a period of 48 weeks preceding and following the announcement of Russian military intervention in Ukraine. Descriptive analysis is employed to provide a detailed description of the chosen variables, while the paired t test is utilized to ascertain the presence of any disparities. The research findings indicate notable disparities in the price and trading volume of PT Bumi Resource shares prior to and after to the announcement.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Sundari, Batsyeba
UNSPECIFIED
-, Rahmawati
UNSPECIFIED
-, Budiasih
UNSPECIFIED
Subjects: H Social Sciences > HG Finance
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Asia-Pacific Management Accounting Journal (APMAJ)
UiTM Journal Collections: UiTM Journal > Asia-Pacific Management Accounting Journal (APMAJ)
ISSN: 2550-1631
Volume: 18
Number: 3
Page Range: pp. 301-318
Keywords: Stock price, stock trading volume, invasion
Date: December 2023
URI: https://ir.uitm.edu.my/id/eprint/89326
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89326

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