REAKSI PASAR ATAS KINERJA FINANSIAL DAN KETEPATAN PUBLIKASI LAPORAN KEUANGAN

Suratini, Suratini and Nikmah, Nikmah (2014) REAKSI PASAR ATAS KINERJA FINANSIAL DAN KETEPATAN PUBLIKASI LAPORAN KEUANGAN. Akuntasi, 2 (1). ISSN 2303-0356

[img]
Preview
Text (Article)
Bu Nikmah.PDF - Bibliography
Available under License Creative Commons GNU GPL (Software).

Download (495kB) | Preview

Abstract

The purposes of this study are: (1) to examine the effect of financial performance on abnormal returns and (2) to investigate whether there are some differences between financial performance and abnormal returns of the companies that provide in-time financial reports and those that provide late financial reports. Measures of financial performance include the changes of return on investment (ROI), return on equity (ROE), earning per share (EPS) and leverage ratio (LEV).Using sample of 46 companies non financial listed in Bursa Efek Indonesia (BEI)and the 1998-2004 analysis periods, results of this study show that: (1) among the four measures of financial performance, only change of LEV has significant effect on abnormal returns, and (2) financial performance and abnormal returns of the in-time reporting companies not differences with financial performance and abnormal returns of the late reporting companies.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Economy > Journal
Depositing User: 021 Nanik Rahmawati
Date Deposited: 26 Mar 2014 03:23
Last Modified: 26 Mar 2014 03:23
URI: http://repository.unib.ac.id/id/eprint/6837

Actions (login required)

View Item View Item