Business Accounting Review
Vol 5, No 2 (2017): Business Accounting Review

`Pengaruh Earnings Management terhadap Stock Returns pada Perusahaan LQ45

Desy Arisandi Halim (Universitas Kristen Petra)



Article Info

Publish Date
28 Aug 2017

Abstract

The purpose of this research was to find the relationship of earnings management and the stock return. This study used a quantitative method with secondary data taken from the firms’ annual reports. The sample of this study was the companies that listed in Indonesia stock market index, LQ45, for 6 years from 2010 until 2015. The analytical technique was used panel data regression with software STATA to test the relationship among variables. This study also used IBM SPSS Statistics 23 to determine the coefficient for discretionary accruals (the proxy of earnings management) from modified Jones model. The outcome from this study showed that there was no relationship between earnings management and stock returns.

Copyrights © 2017