EARNING PER SHARE, BOOK VALUE EQUITY, DAN CASH FLOW OPERATION PADA BUY HOLD ABNORMAL RETURN PRIMARY TREND SAHAM LQ-45 (PERIODE 2010-2012)
Abstract: The purpose
of this study
was to investigate
the value relevance
of accounting information (EPS,
BVE, and CFO) against the decision of buying and holding stocks (buy and hold).
This study uses regression
model with abnormal
return (BHAR) to
see the value relevance of
accounting information on the behavior of buying, selling and holding shares in
the Indonesian Capital Market. Sample of companies used in this study, the
LQ-45 firms over
three years (2010-2012).
The study also
looked phases that
exist in the primary trend (accumulation phase, a
public participation phase, the phase distribution). The results
of this study,
showing the value
relevance of accounting
information in the EPS trend of public participation phase.
Keywords: Value Relevance,
Earnings per Share (EPS), Book Value Equity (BVE), Cash Flow Operation (CFO),
the accumulation phase, a public participation phase, the phase distribution
Penulis: Elizabeth Lucky
Maretha Sitinjak, Yusni Warastuti, Heribertus Sri Sulistyanto
Kode Jurnal: jpakuntansidd140771
