Analisis Pengaruh Volume Perdagangan, Volatilitas Return Saham, Harga Saham, Devidend Yield, Frekuensi Perdagangan dan Internal Control terhadap Bid Ask Spread Pada Perusahaan yang terdaftar di Jakarta Islamic Index (JII)

Abstract

This study aimed to determine the effect of trading volume, stock return volatility, stock price, devidend yield, trading frequency and internal control on the bid ask spread in companies listed on the Jakarta Islamic Index (JII). The research periode were 2020-2023.This reserch is classifed into the type of associative research used to see the causal relationship between two or more variabels, and is quantitative research. The type of data used in this study is secondary data taken from Indonesia Stock Exhange (IDX) and another financial website. The population of this study consist of companies that have even been listed on the Jakarta Islamic Index (JII) and sample used in this study is a census sampling, where all members of population are include as the sample, consisting of 47 companies.The result showed that partially the variable trading volume has a significant negative effect on bid ask spread, stock return volatility has no significant effect on bid ask spread, stock price has negative significant effect on bid ask spread, devidend yield has no significant effect on bid ask spread, trading frequency has negative significant effect on bid ask spread, internal control has no significant effect on bid ask spread.