PENGARUH PENYAJIAN AKUNTANSI UNTUK LEASE RENEWAL OPTION BAGI KEPUTUSAN PEMBERIAN PINJAMAN OLEH LENDERS
ABSTRACT: The aim of this
study is to obtain empirical evidence regarding
the presentational effect
on accounting of lease renewal op tion for lending decision
of lenders. Accounting standard requires
to disclose optional lease period when it does not
fulfill the criterion of the exercise of renewal op tion is reasonably assured.
Proposed accounting standard requires to capitalized leases in excess of one
year on lessee’s balance sheet, including
op tional renewal period.
This proposed accounting stan
dard potentially causes
an informational pro blems
for user of
accounting information on ar ri
ving de ci sion making. It is proposed by earlier re searcher to dis
aggregate the ca pi talized
optional re newal pe ri od from fixed
term lease in order to mitigate the im pact
of proposed accounting
stan dard. By using experimental design, 43 par ti ci pants engage on
this activity. The results of this study support the ear lier research showing
the em pi rical evi dence that pro
posed accounting stan dard
for lease re newal
option arising impact for len ders un wil lingness to lend to firm with
lease re newal op tion. Empirical evi dence also support to earlier research
which dis aggre ga ting capi ta li zed
optional renewal period from fixed term lease. Dis aggregation mi ti gates the
im pact of proposed accounting stan dard. This stu dy also shows the empirical
evidence that financial and nonfi nan ci al factors bring different effect for
len ding de ci sion of lenders.
Penulis: Wahyu Pramesti
Kode Jurnal: jpmanajemendd140525
