Kajian Operasional Tempat Pelelangan Ikan (Tpi) dan Kesejahteraan Masyarakat Nelayan (Studi Kasus Desa Watukarung Kecamatan Pringkuku Kabupaten Pacitan)

This study is motivated by great marine potential, but the condition of the fishing community is generally poor. This is a potential obstacle for fishing communities to encourage the dynamics of development in their region. Sub-district Pringkuku in 2008 has a total of 529 fishermen with 62.94 percent in the poor category. The purpose of this study is (1) to know the operational of Fish Auction Site (TPI) of Watukarung Village and (2) to know how the operation of Fish Auction Site (TPI) in improving the prosperity of local fishermen community. This study uses descriptive and qualitative methods. Methods of data collection by interviewing and documenting information from 11 informants who have roles in different economic interactions. The results of this study are (1) the operational of the fishermen depends on the interaction of the fishermen and the fisherman who are tied up with a unique profit-sharing system that is understood and obeyed by all parties, (2) The fish auction place (TPI) All stakeholders in TPI also influence the formation of the price of catch with auction system

Analisis Reaksi Pasar Modal Terhadap Pengumuman Right Issue Di Bursa Efek Jakarta (Bej) (Pengamatan Terhadap Return, Abnormal Return, Security Return Variability Dan Trading Volume Activity)

The research based on the analysis of the observation to the market condition in Indonesia about semi strong form efficiency in which market will react against an information. If the right issue contains information that the market react at the moment the right issue is published. The aim of the research is to find out whether the stock exchange react to the right issue by observing the return, abnormal return, security return variability and trading volume activity at the time, before, and after of the publication. The method of the research is using event study with market adjusted model approach. The research sampling are the 24 corporate that registered in BEJ in 1999. Statistical test on return, abnormal return, security return variability and trading volume activity use t-test. The result of the research shows the significant difference at the time and before the return is issued because the right issue has been heard before. There is no significant difference found in abnormal return and security return variability. However, the trading volume activity shows the difference for the period of observation before, at the time, and after publication of the right issue. It brings the conclusion that the stock exchange doesn't react against the publication of the right issue so BEJ has not been categorized yet into the semi strong form.