ANALISIS PERBEDAAN PENGARUH INFORMASI LABA DAN RUGI TERHADAP KOEFISIEN RESPON LABA
Abstract: The aim of this
study is measuring the market reaction toward the information contents of
earnings and losses. The huge of market reaction can be seen from the amount of
earnings responses coefficient that earnings (losses) has. Research carried out
by testing the influence of toward PEPS, LEPS, PORD, LORD, POP, LOP, PFIN,
LFIN, PEXT, TAX earnings response coefficients (ERC).
This study is using earnings-book value capitalization models that
devided into three research models and purposive sampling methode for taking
sample. Based on the criteria of purposive sampling, data is obtained 300
manufacture companies over a three year period of observation. Then, there are
86 samples that included outlier should be excluded from samples of
observation. So, sample which is used for this study is 214 manufacture
companies. Analysis technique which is used in this study is multilinier
regression of ordinary least square and hypotheses test used partial t test and
adjusted R square.
Based on analytical results shows that variable PEPS, PORD, POP, and LFIN
have significant influence toward earnigs response coefficient (ERC), while
variable LEPS, LORD, LOP, PFIN, PEXT and
TAX doesn’t have significant influence
toward earnings response coefficient (ERC). Explanatory Power of the research
models decrease These is shown by adjusted R ² of the models are 0,227 (Model
1), 0.212 (Model 2), 0.111 (Model 3).
Keywords: Information content
of earning and loss components, earnings response coefficients (ERC) and market
reaction
Penulis: Brian Titriadi, Etna
Nur Afri Yuyetta
Kode Jurnal: jpakuntansidd120471
