Jurusan Akuntansi, Fakultas Ekonomi Universitas Syiah Kuala
This study aims to analyze the differences in stock price, profitability ratios, and the systematic risk in property companies listed on the Indonesia Stock Exchange (BEI) for the year 2006-2010. This type of study is a research event study with purposive sampling method. By using purposive sampling method and the balanced panel data, there are 17 companies fulfilling the sample criteria.
The type of data used are secondary data obtained from the Indonesian Capital Market Directory (ICMD) belongs to the Indonesia Stock Exchange. The paired sample t-test analysis model is used to test the hypothesis.
The results of this research show that: (1) stock price has a significant difference before and after the economic crisis of 2008, (2) profitability ratios have no significant difference before and after the economic crisis of 2008, and (3) systematic risk has no significant difference before and after economic crisis of 2008.
Keywords: stock price, profitability ratios, systematic risk