PENGARUH MANAJEMEN LABA TERHADAP OVERVALUED PADA EKUITAS PERUSAHAAN

The research aims to identify the effect of earnings management on overvalued
companies equity. It measured by PER and earnings management measured by using
Roychowdury approach and discreationary accruals approach (Jones model). This
research use sample of manufactured company listed in BEI for four observation years,
2007-2010. The research found that abn production have positive significant influence on
overvaluation. Meanwhile, abncfo, abn disexp, and abn tacc have negative influence on
overvaluation. Thus, abn production, abn disexp, and abntacc influence positive
significant by using regression without variable control while abncfo influence negative
significant on overvaluation.