PENGARUH TINGKAT HUTANG, UKURAN PERUSAHAAN, PERTUMBUHAN PENJUALAN, KEPEMILIKAN MANAJERIAL, DAN KUALITAS AUDITOR TERHADAP PERSISTENSI LABA SERTA KONSEKUENSINYA TERHADAP NILAI PASAR PERUSAHAAN (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI)

This research aimed to examine and find out empirical evidence of the influence
leverage, size, sales growth, manager ownership, and auditor quality on earnings
persistence, and their consequences on company market valuations. Samples used
in this research are manufacturing companies listed in Indonesia Stock Exchange
(BEI) during period 2009-2011. Total samples are 60 companies. The data are
collected using random sampling method. The analysis of this research employs
multiple regression. Results show that auditor quality have positive effect on
earnings persistence, but leverage, size, sales growth, and manager ownership do
not have positive effect on earnings persistence. Whereas the test of regression
analysis show that earnings persistence do not have positive effect on market
valuations.