Bid-ask spread, market value, and return risk on stock holding period in the banking sector listed on the Indonesian Stock Exchange (BEI) from 2018 to 2022

Rozy, Mohammad Fatchur, Fitriyah, Fitriyah ORCID: https://orcid.org/0009-0000-9402-9370 and Prajawati, Maretha Ika ORCID: https://orcid.org/0000-0002-3084-4031 (2023) Bid-ask spread, market value, and return risk on stock holding period in the banking sector listed on the Indonesian Stock Exchange (BEI) from 2018 to 2022. International Journal of Social Science and Human Research, 6 (12). pp. 7638-7651. ISSN 26440679

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Abstract

This research is of high relevance as it provides new insights in the context of shareholding duration in the banking sector on the Indonesia Stock Exchange (IDX) over the period 2018-2022. Factors such as bid-ask spread, market value, and return risk have been analyzed to understand their influence on the stock holding period. The implications of the research findings can be used by practitioners, regulators, and academics in finance to develop more effective investment policies and risk management strategies. The results showed that simultaneously, bid-ask spread, market value, and return risk affect the holding period of banking stocks on the IDX during the period February 2018-January 2022. Partially, bid-ask spread and market value have a positive but insignificant effect on the holding period. Conversely, return risk has a negative and significant effect on the holding period of banking stocks. These findings contribute to the development of financial theory and industry practice, paving the way for further research. Therefore, this study has important value in the context of investment decision-making, risk management, and understanding investor behavior in the banking sector.

Item Type:	Journal Article
Keywords:	Duration of share ownership; banking sector; bid-ask spread; market value; return risk
Subjects:	15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment
Divisions:	Faculty of Economics > Department of Management
Depositing User:	Fitriyah Fitriyah
Date Deposited:	04 Jun 2024 14:56

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