Fenomena Manajemen Laba dalam IPO (Initial Public Offering): Studi dengan Menggunakan Model Aharony dan Friedlan
Abstract: The
research was done on PT Multistrada Arah Sarana, during 2002 to 2007, using
modified-Jones Model. The
research used two
means differentiation tests.
Based on the
result of two means
differentiation test, it
can be said
that there was
no income increasing
discretionary accruals one year before initial public offering (on
2004). Issuers also did not do income-decreas-ing discretionary accruals on one
year after initial public
offering and two
years after initial public
offering.
Hipotesis
1 and hipotesis 2 a and 2 b were refused, or can not be accepted. So, it can be
concluded that PT Multisrada Arah Sarana did
not do income smoothing
before and after initial
public offering on Indonesia Stock Exchange.
Keywords:
income smoothing, income
increasing discretionary accruals,
income decreasing discretionary
accruals, initial public offering.
Penulis: Lego Waspodo
Kode Jurnal: jpakuntansidd110003
