Ander Olvik and Raul Kangro, 2015. Pricing of Warrants with Stock Price Dependent Threshold Conditions, Publisher: Taylor & Francis and VGTU
Ang, A., Bali, T., & Cakici, N. 2010. The joint cross section of stocks and options. Working paper, Columbia University
Baker, M., Litov, L., Wachter, J. A., & Wurgler, J. 2009. Can mutual fund managers pick stocks? Evidence from their trades prior to earnings announcements. Working paper, Harvard University.
Bamber, S. L., Barron, O. E., & Stevens, D. 2011. Trading volume around earnings announcements and other financial reports: Theory, research design, empirical evidence, and directions for future research. Contemporary Accounting Research, 28(2), 431–471.
Berkman, H., & McKenzie, M. D. 2009. The trading behaviour of institutional owners and short sellers around earnings announcements. Working paper, The University of Auckland
Black, F., Jensen, M., & Scholes, M. 1972. The capital asset pricing model: Some empirical test. In Studies in the Theory of Capital Markets New York, ed. M. C. Jensen, Praeger.
Bodie, Keane, and Marcus. 2011, Investment, Mcgraw Hill Publisher
Campbell, J., Lo, A. W. &. MacKinlay A. C. 1997. The Econometrics of Financial Markets, Princeton University Press.
Cao, C., Chen, Z., & Griffin, J. M. 2005. Informational content of option volume prior to takeovers. Journal of Business, 78(3), 1072–1109.
Choy, S. K., Wei, J. Z. 2009. Option trading: Information or differences in opinion. Working paper, University of Toronto.
Dickey, D. A. 1976. Estimation and hypothesis testing in nonstationary time series, PhD Thesis, Iowa State University.
Dickey, D. A., &. Fuller, W.A. 1981. Likelihood ratio statistics for autoregressive time series with unit root. Econometrica, 49(4): 1057-1072.
Dickey, D.A., &. Fuller, W.A. 1979. Distribution of the estimators for autoregressive time series with unit root. Journal of the American Statistical association, 74(3): 427-431.
Fama, E. F. 1970. Efficient capital markets: A review of theory and empirical work. the Journal of Finance, 25(2): 383-417.
Fama, E. F., Fisher, L., Jensen, M., & Roll, R. 1969. The adjustment stock price to new information. International Economics Review, 10 (February), pp.1-21.
Gujarati, Damodar.N. 2009. Basic Econometic. McGraw-Hill Irwin, Boston
Jae H. Kim and In Choi, 2017. Unit Roots in Economic and Financial Time Series: A Re-Evaluation at the Decision-Based Significance Levels, Econometrics, 5, 41
Jiang, C. X., Likitapiwat, T., & McInish, T. H. 2012. Information content of earnings announcements: Evidence from after hours trading. Journal of Financial and Quantitative Analysis, 47(6), 1303–1330.Keane, S. M. (2011). Stock markets efficiency: Theory, evidence and implication, Oxford: Philip Allan.
Kurniawan, Adi Taufan. 2010. Analisis Dampak Pengumuman Warrant Terhadap Likuiditas Saham di Bursa Efek Indonesia. Jurnal Bisnis dan Akuntansi Vol.12 No. 3 Desember.
Markowitz, H. M. (1952). Portfolio Selection. Journal of Finance, March.
Michael Aitken dan Reuben Segara (2005). Impact of warrant introductions on the behaviour of underlying stocks: Australian evidence. Acounting & finance journal Volume 45, Issue 1, pages 127–144 
Ni, S., Jun Pan, X., & Poteshman, A. M. (2008). Volatility information trading in the option market. Journal of Finance, 63(3), 1059–1091.
Phillips, P. C. B., & Perron, P. (1988). Testing for unit root in time series regressions, Biometria, 75, 335-346. 
Reily, F., and Brown, K. (1997). Investment analysis and portfolio management. Philadelphia: San Diego: Dryden Press
Robert Sollis, 2016. Fixed and Recursive Right-Tailed Dickey–Fuller Tests in the Presence of a Break under the Null, Journal of Time Series Econometrics, 8(1), 1-19.
Roll, R., Schwartz, E., & Subrahmanyam, A. (2009). Option trading activity and firm valuation. Journal of Financial Economics, 94(3), 345–360. 
Sekaran, Uma (2011). Business Research Methode. A John Wiley and Sons, Ltd, Publication. United Kingdom
Vic Naiker, Farshid Navissi, and Cameron Truong (2013) Options Trading and the Cost of Equity Capital. The Accounting Review: January 2013, Vol. 88, No. 1, pp. 261-295
Yue-cheong Chan dan K.C.John Wei (2001), Price and volume effects associated with derivative warrant issuance on the Stock Exchange of Hong Kong, Journal of Banking & Finance Volume 25, Issue 8, 1401-142
Zhang, X., Zhao, R., & Xing, Y. (2010). What does individual option volatility smirk tell us about future equity return? Journal of Financial and Quantitative Analysis, 45(3), 641–662.
Zulkarnain. 2010. Perbandingan Return Saham Sebelum dengan Sesudah Listing Date Warrant Pada Bursa Efek Indonesia. JBM Volume 6 No.3 Mei