Disagreement on Social Media and Stock Trading Volume: the Indonesian context

• Autorzy: Sawidji Widoatmodjo , Ignatius Roni Setyawan
• Języki publikacji: EN

Abstrakty

EN

This research intends to test the relationship between disagreements on social media and stock trading volume using the Indonesia Stock Exchange (IDX) as a research object. The Covid-19 pandemic has made the use massively of social media to invest in Indonesia's capital market There has been an increasing number of investors in the IDX. They trade and discuss stocks online. The research question is whether the information on social media has worhted for Indonesian investors. Research on the relationship between social media features and stock market features, especially using trading volume, has never been done in Indonesia. To do this, we tested the influence that the number of posts and disagreements on Telegram social media has on stock trading volume in IDX. The test was done using multivariate regression method. The results show that discussions on social media have a positive and significant effect on stock trading volume, while disagreements do not significantly affect it. (original abstract)

Słowa kluczowe

EN

Social media; Shares; Trading volume

PL

Media społecznościowe; Akcje; Wolumen obrotu

• Czasopismo: Journal of International Studies
• Rocznik: 2022
• Tom: 15
• Numer: nr 4
• Strony: 150--164

Twórcy

autor

Sawidji Widoatmodjo

• Universitas Tarumanagara, Indonesia

autor

Ignatius Roni Setyawan

• Universitas Tarumanagara, Indonesia

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Identyfikatory

DOI

10.14254/2071-8330.2022/15-4/9