TY - THES N1 - Pembimbing : Dr. H. Darmawan, M.AB ID - digilib47596 UR - https://digilib.uin-suka.ac.id/id/eprint/47596/ A1 - Tri Muryani, NIM.: 16830065 Y1 - 2019/12/19/ N2 - This amis of study to examine and analyze market reactions around ESOP announcements and company performance before and after ESOP announcements on companies listed on the 2012-2018 sharia securities list. Testing the market reaction hypothesis is done by event study, using the average abnormal return value with one sample t-test and testing to measure differences in company performance before and after ESOP using the current ratio variable, DER, TATO, and ROE with paired sample t-test. The results showed that the market reacted negatively to the implementation of ESOP policies around the ESOP announcement and there was no difference between the company's performance before the ESOP announcement and the performance after the ESOP announcement. PB - UIN SUNAN KALIJAGA YOGYAKARTA KW - ESOP KW - Average Abnormal Return KW - dan Kinerja Perusahaan M1 - skripsi TI - PENGUMUMAN EMPLOYEE STOCK OWNERSHIP PROGRAM TERHADAP REAKSI PASAR DAN KINERJA PERUSAHAAN (STUDI KASUS DAFTAR EFEK SYARIAH 2012-2018) AV - restricted EP - 112 ER -