PENGARUH RISIKO, LEVERAGE, PELUANG PERTUMBUHAN, PERSISTENSI LABA DAN KUALITAS TANGGUNG JAWAB SOSIAL PERUSAHAAN TERHADAP EARNING RESPONSE COEFFICIENT PADA PERUSAHAAN HIGH PROFILE
Abstract: This
study aimed to
investigated empirically effect
of risk, leverage, peluang
pertumbuhan, earning persistence
and Corporate Social
Responsibility (CSR) quality on earning response coefficient at high profile
company that listed
on Indonesian stock
exchange in 2009-2011. This study
using risk, DER, MB, PL and dummy variable by
ISRA categorize to
measured independent variable.
Earning response coefficient (ERC)
as dependent variable
is measured by regression of abnormal return with
unexpected earning (+/-) 5 day at window
period from the
date of publication
of annual report.
This study uses multiple
regression analysis with
the object 140
high profile companies. By purposive sampling method there is 72 annual report which
according to specified
criteria. The result
showed that risk, leverage,
growth opportunities, earning
persistence and CSR diclossure have
silmutaniously effect to
ERC. In partial
test showed that risk,
leverage and CSR
quality have negative
effect on ERC. Furthermore growth opportunities and
earning persistence haven’t effect to ERC.
Penulis: Ely Imroatussolihah
Kode Jurnal: jpmanajemendd130937
