ANALISA PENGARUH MANAJEMEN LABA DAN ASIMETRI INFORMASI TERHADAP COST OF EQUITY CAPITAL (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2010-2013)
Abstract: This study aims to
examine and provide analysis related to the effect of the relationship Profit
Management and Information Asymmetry of the Cost of Equity Capital.hipotesis
proposed (1) the information asymmetry positive and significant impact on the
cost of equity capital, (2) Management profit positive and significant impact
on costs equity capital. The population in this study are manufacturing
companies listed on the Stock Exchange 2010-2013. Data were collected using
purposive sampling method of the companies listed in the Indonesia Stock
Exchange. Descriptive statistical analysis used in this study to provide a
picture or description, the maximum value, minimum value, average value (mean)
and standard deviation to the asymmetry of information, management of earnings
and cost of equity capital. Results of the study found that the information
asymmetry positive and significant impact on the cost of equity capital. These
results show that the greater the value of asymmetry of information will
increase the cost of equity capital. While profit management no significant
effect on the cost of equity capital. These results indicate that the size of
the earnings management behavior does not determine the increase in the cost of
equity capital.
Keywords: Earnings Management,
asymmetry of information, the size of the company, Cost of Equity Capital
Penulis: Adi Baskara Perwira,
Darsono
Kode Jurnal: jpakuntansidd150791
