Analysis of Profitability Ratio in Publishing Right Issue Decision at Indonesia Stock Exchange
Irham Fahmi, Mulia Saputra
Abstract
This research wants to see about condition of campany in perspective profitability ratio before and after right issue. The results of this research show the conditions of company after right issue better before right issue. In statistic test with Wilcoxon Signed Ranks show insignificant in profitability before and after right issue (p-value > 0, 05). The average before right issue in 1999 is 1, 0732 and after right issue is 0, 7030. The found of right issue can make company have program investment or make new product. Source financial of right issue more safe if compare of banking, especially risk management perspective. Right issue is fund of internal company, especially of preventive right.
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