Kajian Dugaan Praktik Kartel Maskapai Penerbangan Memengaruhi Pergerakan Harga Saham di BEI
DOI:
https://doi.org/10.26740/jim.v9n4.p1592-1600Keywords:
capital markets, cartel practices, stock priceAbstract
The purpose of this study was to determine the effect of the alleged cartel practices carried out by airline X, namely by the increasingly high price of airline tickets and how their impact on the stock price movement itself. This practice is not permitted in Indonesia and almost all countries globally, but this becomes very problematic in the current aviation business. If the ticket price is not raised, the company will bear substantial losses. Still, on the other hand, consumers are significantly disadvantaged and can sacrifice the country's economy if countries that depend heavily on air transportation, such as Indonesia. Considering that airline X is a state-owned company of the Republic of Indonesia listed on the Indonesia Stock Exchange, whether news of alleged cartel practices could affect the public investors in the capital market in deciding to make selling or buying transactions on shares.
References
Amin,A.P. (2017). Analisis Pengaruh Tarif Penerbangan, Jumlah Penerbangan Dan Pendapatan Perkapita Dalam Meningkatkan Jumlah Penumpang," Jurnal Bisnis Strategi, vol. 22, no. 1, pp. 49-66, Apr. 2017. https://doi.org/10.14710/jbs.22.1.49-66
Bery, D., & Worokinasih, S. (2018). Pengaruh Indeks Harga Saham Global Terhadap Indeks Harga Saham Gabungan (IHSG). Jurnal Administrasi Bisnis, 64(1), 126–135.
Broto, C., & Lamas, M. (2020). Is market liquidity less resilient after the financial crisis? Evidence for US Treasuries. Economic Modelling, 93(July), 217–229. https://doi.org/10.1016/j.econmod.2020.08.001
Citrawinda, Cita. (2021). Hukum Persaingan Usaha. Jakarta: Jakad Media Publishing.
Fadhilah, M. (2019). Penegakan Hukum Persaingan Usaha Tidak Sehat Oleh Komisi Pengawas Persaingan Usaha (KPPU) Dalam Kerangka Ekstrateritorial. Jurnal Wawasan Yuridika, 3(1), 55-72. https://doi.org/10.25072/jwy.v3i1.217
Gunawan, G., & Medianto, R. (2017). Analisis Konektivitas Jaringan Transportasi Udara Nasional. Angkasa: Jurnal Ilmiah Bidang Teknologi, 8(2), 99-110. https://doi.org/10.28989/angkasa.v8i2.123
Hamdani, T. (2019). Diduga terlibat kartel, garuda indonesia didenda Australia Rp189M. Finance.Detik.Com. https://finance.detik.com/berita-ekonomi-bisnis/d-4571673/diduga-terlibat-kartel-garuda-indonesia-didenda-australia-rp-189-m, diakses pada 5 Januari 2020.
Hartono, J. (2017). Teori portofolio dan analisis investasi (edisi Kesebelas). Yogyakarta: BPFE.
Hidayat, M., & Galib, M. (2019). Analisis Leverage Operasi dan Leverage Keuangan Terhadap Earning Per Share (EPS) di Perusahaan Industri Pabrik Kertas yang Terdaftar di Bursa Efek Indonesia. Journal of Economic, Management, Accounting and Technology, 2(1), 33–42. https://doi.org/10.32500/jematech.v2i1.491
Noor, Zulkifli Zulki.(2021). Buku Referensi Strategi Pemasaran 5.0. Sleman:Penerbit Deepublish.
Oktavia, I., & Genjar, K. (2019). Sinergitas Quadruple Helix: e-Business dan Fintech sebagai Daya Dorong Pertumbuhan Ekonomi Lokal Faktor-Faktor Yang Mempengaruhi Harga Saham. Jurnal Riset Akuntansi Multiparadigma, 6(1), 29–39.
Malaka, Mashur. (2014). Praktik Monopoli dan Persaingan Tidak Usaha. Jurnal Al-Adl.7(2). 39-52.
Manurung, Adler haymans (2004). Strategi Memenangkan Transaksi Saham di Bursa (R. L. Toruan (Ed.)). Jakarta: Gramedia.
Peter, J. P., & Olson, J. C. (2013). Perilaku Konsumen Dan Strategi Pemasaran. Jakarta: Salemba Empat
Petrusheva, N., & Jordanoski, I. (2016). Comparative analysis between the fundamental and technical analysis of stocks. Journal of Process Management. New Technologies, 4(2), 26–31. https://doi.org/10.5937/jpmnt1602026p
Raffles. (2011). Analisis Penerapan Prinsip Keterbukaan Di Pasar Modal Dalam Kaitannya Dengan Pengelolaan Perusahaan Yang Baik Oleh: Jurnal Inovatif, 4(5), 26–36.
Ramadani, F., & Triyanto, D. N. (2020). Pengaruh Spesialisasi Industri Auditor Dan Mekanisme Corporate Governance Terhadap Integrasi Laporan Keuangan. Ultima Accounting, 11(2), 244–260.
Rijanto, Y. A. (2010). Dampak Rumor Terhadap Volatilitas Harga Saham. Jurnal Manajemen Bisnis, 3, 261–285.
Rozi, R. M. (2021). Formulasi Aspek Pidana Pada Kartel di Indonesia (1st ed.). Malang: Inara Publisher.
Sofiana, S., Suparti, S., Hakim, A. R., & Triutami, I. (2020). Peramalan Jumlah Penumpang Pesawat Di Bandara Internasional Ahmad Yani Dengan Metode Holt Winter’S Exponential Smoothing Dan Metode Exponential Emoothing Event Based. Jurnal Gaussian, 9(4), 535–545. https://doi.org/10.14710/j.gauss.v9i4.29448
Republika.co.id. (2015). Tiga Bentuk Praktik Kartel Terjadi di Indonesia| Republika Online. Retrieved November 28, 2021, from https://republika.co.id/berita/nxr7q6382/tiga-bentuk-praktik-kartel-terjadi-di-indonesia
Tri, R. (2019). OJK Minta BEI Verifikasi Laporan Keuangan Garuda Indonesia. Bisnis.Tempo.Co. https://bisnis.tempo.co/read/1201436/ojk-minta-bei-verifikasi-laporan-keuangan-garuda-indonesia/full&view=ok. diakses pada 2 Januri 2020.
Undang-Undang Republik Indonesia Nomor 5 Tahun 1999 Tentang Larangan Praktek Monopoli Dan Persaingan Usaha Tidak Sehat. (https://kppu.go.id/docs/UU/UU_No.5.pdf)
Wirajunayasa, P. A. A., & Putri, I. A. . A. D. (2017). Analisis Kinerja Keuangan Perusahaan Sebelum dan Sesudah Initial Public Offering. E-Jurnal Akuntansi Universitas Udayana, 19, 1916–1942.
Yuspita, K. (2014). Analisis Pergerakan Harga Saham untuk Mendeteksi Adanya Noise Atau Kedatangan Informasi di Bursa Efek Indonesia. Jurnal Aplikasi Bisnis, 15(9), 1921-1944.
Zaremba, A., Okoo, S., Nowak, A., & Konieczka, P. (2015). Is it a Low or a High Price Anomaly? The Curious Case of the Polish Stock Market. SSRN Electronic Journal, 27(2), 163–174. https://doi.org/10.2139/ssrn.2606176
Zhang, W., & Skiena, S. (2010). Trading strategies to exploit blog and news sentiment. ICWSM 2010 - Proceedings of the 4th International AAAI Conference on Weblogs and Social Media, d, 375–378.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Jurnal Ilmu Manajemen
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons:Attribution-NonCommercial 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.