FAKTOR-FAKTOR YANG MEMPENGARUHI EARNINGS RESPONSE COEFFICIENT PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK JAKARTA
Abstract: The objective of
this study is to examine factors affect earnings response coefficient consist
of earnings persistence, capital structure, systematic risk (beta), earnings
growth, and firm size (Scott, 2000). The study added one variable, that is
audit quality. Teoh and Wong (1993) argue that audit quality is positively
associated with client’s quality of earnings and the earnings response
coefficient.
Samples used in this study are 255 firms listed in the Jakarta Stock
Exchange (JSE) from 2001-2005. The study tested hypothesis by using multiple
regression analysis models. The results of study show that all of the factors
(earnings persistence, capital structure, systematic risk (beta), earnings
growth, and firm size) influence earnings response coefficients, exception
audit quality is not statistically significant influence earnings response
coefficients.
Keywords: earnings response
coefficient, audit quality, earnings quality
Penulis: Sri Mulyani, Nur
Fadjrih Asyik, Andayani
Kode Jurnal: jpakuntansidd070005
