{"id":"https://openalex.org/W4385821010","doi":"https://doi.org/10.35145/jabt.v3i1.85","title":"The Influence of the Work Creation Law Draft on Abnormal Return and Trading Volume Activity in LQ45 Share","display_name":"The Influence of the Work Creation Law Draft on Abnormal Return and Trading Volume Activity in LQ45 Share","publication_year":2022,"publication_date":"2022-01-29","ids":{"openalex":"https://openalex.org/W4385821010","doi":"https://doi.org/10.35145/jabt.v3i1.85"},"language":"en","primary_location":{"id":"doi:10.35145/jabt.v3i1.85","doi":"https://doi.org/10.35145/jabt.v3i1.85","is_oa":true,"landing_page_url":"http://dx.doi.org/10.35145/jabt.v3i1.85","pdf_url":"https://e-jabt.org/index.php/JABT/article/download/85/65","source":{"id":"https://openalex.org/S4387289653","display_name":"Journal of Applied Business and Technology","issn_l":"2722-5372","issn":["2722-5372","2722-5380"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210159459","host_organization_name":"Institut Bisnis dan Teknologi Pelita Indonesia","host_organization_lineage":["https://openalex.org/I4210159459"],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Business and Technology","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://e-jabt.org/index.php/JABT/article/download/85/65","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5092639337","display_name":"Ansorimal","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210159459","display_name":"Institut Bisnis dan Teknologi Pelita Indonesia","ror":"https://ror.org/05njdpb60","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210159459"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Ansorimal","raw_affiliation_strings":["Institut Bisnis dan Teknologi Pelita Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institut Bisnis dan Teknologi Pelita Indonesia","institution_ids":["https://openalex.org/I4210159459"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5003231671","display_name":"Harry Patuan Panjaitan","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210159459","display_name":"Institut Bisnis dan Teknologi Pelita Indonesia","ror":"https://ror.org/05njdpb60","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210159459"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Harry Patuan Panjaitan","raw_affiliation_strings":["Institut Bisnis dan Teknologi Pelita Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institut Bisnis dan Teknologi Pelita Indonesia","institution_ids":["https://openalex.org/I4210159459"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5051768201","display_name":"Teddy Chandra","orcid":"https://orcid.org/0000-0003-0601-1416","observed_orcids":["https://orcid.org/0000-0003-0601-1416"]},"institutions":[{"id":"https://openalex.org/I4210159459","display_name":"Institut Bisnis dan Teknologi Pelita Indonesia","ror":"https://ror.org/05njdpb60","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210159459"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Teddy Chandra","raw_affiliation_strings":["Institut Bisnis dan Teknologi Pelita Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Institut Bisnis dan Teknologi Pelita Indonesia","institution_ids":["https://openalex.org/I4210159459"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I4210159459"],"apc_list":null,"apc_paid":null,"fwci":2.5328,"has_fulltext":true,"cited_by_count":17,"citation_normalized_percentile":{"value":0.90836819,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":98},"biblio":{"volume":"3","issue":"1","first_page":"17","last_page":"25"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9599999785423279,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9599999785423279,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.02810000069439411,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.007300000172108412,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/copyright-law","display_name":"copyright law","score":0.5070000290870667},{"id":"https://openalex.org/keywords/abnormal-returns","display_name":"abnormal returns","score":0.8059999942779541},{"id":"https://openalex.org/keywords/trading-volume","display_name":"trading volume","score":0.9800000190734863},{"id":"https://openalex.org/keywords/lq-45-index","display_name":"LQ45 index","score":0.8569999933242798},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.8769999742507935},{"id":"https://openalex.org/keywords/stock-market-reaction","display_name":"stock market reaction","score":0.6899999976158142}],"concepts":[{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.7976956367492676},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5657547116279602},{"id":"https://openalex.org/C2777601474","wikidata":"https://www.wikidata.org/wiki/Q4668178","display_name":"Abnormal return","level":3,"score":0.5261325836181641},{"id":"https://openalex.org/C2779207338","wikidata":"https://www.wikidata.org/wiki/Q9240","display_name":"Indonesian","level":2,"score":0.5138869285583496},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.488531231880188},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.4552059471607208},{"id":"https://openalex.org/C12958728","wikidata":"https://www.wikidata.org/wiki/Q1002530","display_name":"Event study","level":3,"score":0.45078858733177185},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3761584162712097},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3631632924079895},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3407355844974518},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.26280730962753296},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.14491117000579834},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.13172686100006104},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.08776715397834778},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.0792522132396698},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.35145/jabt.v3i1.85","doi":"https://doi.org/10.35145/jabt.v3i1.85","is_oa":true,"landing_page_url":"http://dx.doi.org/10.35145/jabt.v3i1.85","pdf_url":"https://e-jabt.org/index.php/JABT/article/download/85/65","source":{"id":"https://openalex.org/S4387289653","display_name":"Journal of Applied Business and Technology","issn_l":"2722-5372","issn":["2722-5372","2722-5380"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210159459","host_organization_name":"Institut Bisnis dan Teknologi Pelita Indonesia","host_organization_lineage":["https://openalex.org/I4210159459"],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Business and Technology","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.35145/jabt.v3i1.85","doi":"https://doi.org/10.35145/jabt.v3i1.85","is_oa":true,"landing_page_url":"http://dx.doi.org/10.35145/jabt.v3i1.85","pdf_url":"https://e-jabt.org/index.php/JABT/article/download/85/65","source":{"id":"https://openalex.org/S4387289653","display_name":"Journal of Applied Business and Technology","issn_l":"2722-5372","issn":["2722-5372","2722-5380"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210159459","host_organization_name":"Institut Bisnis dan Teknologi Pelita Indonesia","host_organization_lineage":["https://openalex.org/I4210159459"],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Business and Technology","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4385821010.pdf","grobid_xml":"https://content.openalex.org/works/W4385821010.grobid-xml"},"referenced_works_count":12,"referenced_works":["https://openalex.org/W1529250257","https://openalex.org/W2041820052","https://openalex.org/W2571811451","https://openalex.org/W2982747728","https://openalex.org/W3011566696","https://openalex.org/W3028008276","https://openalex.org/W3109461361","https://openalex.org/W3184177815","https://openalex.org/W4385821286","https://openalex.org/W4385821291","https://openalex.org/W4385821305","https://openalex.org/W6995931058"],"related_works":["https://openalex.org/W7063931752","https://openalex.org/W7017343595","https://openalex.org/W21261984","https://openalex.org/W2310084101","https://openalex.org/W7042386745","https://openalex.org/W2342198339","https://openalex.org/W7064233688","https://openalex.org/W94052899","https://openalex.org/W6927294842","https://openalex.org/W7127245149"],"abstract_inverted_index":{"This":[0],"study":[1,38,114],"aims":[2],"to":[3,41],"analyze":[4],"the":[5,8,11,26,34,42,57,82,91,98,107,127,143],"effect":[6],"of":[7,36,44,84,100,112],"event":[9],"on":[10,15,22,25,46,56],"work":[12],"copyright":[13],"bill":[14],"abnormal":[16,122],"returns":[17,123],"and":[18,70,104,125,130,141],"trading":[19,137],"volume":[20,138],"activity":[21,139],"LQ45":[23,53],"shares":[24],"Indonesian":[27],"stock":[28],"exchange.":[29],"It":[30],"is":[31,52,96,133],"hoped":[32],"that":[33,116],"findings":[35],"this":[37,94,113],"can":[39],"contribute":[40],"development":[43],"studies":[45],"financial":[47],"management.":[48],"The":[49,110],"research":[50,76,95],"population":[51],"companies":[54],"listed":[55],"IDX":[58],"in":[59,81,97,121,136],"2020,":[60],"with":[61],"secondary":[62],"data":[63,77,92],"collection":[64],"from":[65,93],"sites":[66],"(Yahoo":[67],"Finance,":[68],"n.d.)":[69],"(Indonesian":[71],"Stock":[72],"Exchange,":[73],"n.d.).":[74],"Quantitative":[75],"analysis":[78,86],"techniques":[79],"used":[80],"form":[83,99],"descriptive":[85],"techniques,":[87],"hypothesis":[88],"analysis.":[89],"Testing":[90],"a":[101],"t-hypothesis":[102],"test,":[103],"by":[105],"using":[106],"Ms.":[108],"excel.":[109],"results":[111],"found":[115],"there":[117,132],"was":[118],"no":[119,134],"difference":[120,135],"before":[124,140],"after":[126,142],"events":[128,144],"studied":[129],"also":[131],"studied.":[145]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":3}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2023-08-15T00:00:00"}