Jurnal Ilmiah Wahana Akuntansi
Vol 11 No 2 (2016): Jurnal Ilmiah Wahana Akuntansi

The Influence of Accounting Conservatism and Economic Value Added on Corporate Equity Assessment.

Fitri Novalia (Fakultas Ekonomi Unversitas Negeri Jakarta)
Marsellisa Nindito (Fakultas Ekonomi Unversitas Negeri Jakarta)



Article Info

Publish Date
30 Dec 2016

Abstract

This research was intended to examine the influences of Accounting Conservatism and Economic Value Added toward Equity Valuation on manufacturing companies listed in Indonesia Stock Exchange. The independent variables used in this research were Accounting Conservatism and Economic Value Added. This research used secondary data that was obtained from the Indonesia Stock Exchange official website, which has been published in 2011 until 2013. The technique that was used to gather the sample was purposive sampling and there were 18 companies. Which all sample (N) in three years was 54 samples. Those 54 samples would analyse further in this research. The method used in this research was multiple linear regression analysis. The result of t-test showed that the first variable, accounting conservatism, had a negative and significant effect to equity valuation. The second variable, which was Economic Value Added, showed a positive and significant effect to equity valuation. The result of f-test accounting conservatism and Economic Value Added showed that both of them give simultaneously and significant effect to equity valuation. Key Words: Equity Valuation, Price Book Value, Accounting Conservatism, and Economic Value Added

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Journal Info

Abbrev

wahana-akuntansi

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal of Wahana Akuntansi online edition with ISSN: 2302-1810 published by the Faculty of Economics, State University of Jakarta, Campus A, in Rawamangun Muka, East Jakarta 13220, Phone (021) 4721227, Fax (021) 4706285. Journal Wahana Akuntansi contains the results of research, conceptual ideas, ...