HUBUNGAN MANAJEMEN LABA PADA SAAT INITIAL PUBLIC OFFERNG (IPO) DIENGAN KINERJA SAHAM PERUSAHAAN SETELAH IPO
Abstract: This study was
conducted to describe the earnings management practices of the company that did
an IPO (Initial Public Offering) in Indonesia, and correlate earning management
practices that did an IPO and stock performance after IPO. This study uses secondary
data of financial statements that did an IPO, and stock price after IPO. Based
on the criteria specified there are 54 companies that meet the criteria.
Methods of data analysis using descriptive statistical analysis and correlation
test to find the relationship earnings management practices prior to IPO stock
per-formance after IPO. Results showed that 54 firms that did an IPO in
2010-2013, all of them have management practices. 72% decrease in profits and
28% of companies with profit increase. Based on the correlation test, the
practice of earnings management before IPO negatively correlated to stocks
performance after IPO.
Keywords: Earning Management,
IPO (Initial Public Offering), Stocks Performance
Penulis: Endang Dwi Wahyuni
Kode Jurnal: jpmanajemendd151573
