Pengaruh Growth Opportunity dan Leverage pada Earning Response Coefficient
Abstract
The purpose of this research is aim to obtain empirical evidence about the effect of growth opportunity and leverage on earning response coefficient (ERC). This research was conducted at manufacturing companies listed on the Indonesia Stock Exchange in 2016-2018. The sample are selected with purposive sampling method. The number of selected sample are 65 companies. The analysis technique of this research is using multiple linear regression. The result showed that growth opportunity had positive effect on ERC. Whereas leverage had negative effect on ERC. The higher the company's growth rate will increase ERC. While the higher the leverage the company will reduce ERC.
Keywords: Growth Opportunity; Leverage; Earning Response Coefficient.
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References
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Kim, Y. H., Willett, R. J., & Jang, J. I. (2002). Default Risk as a Factor affecting the Earnings Response Coefficient. SSRN Electronic Journal, 1–36. https://doi.org/10.2139/ssrn.300350
Kurniawati, A. D. (2014). Pengaruh Karakteristik Perusahaan Terhadap Earnings Response Coefficient. Jurnal Akuntansi Bisnis, XIII(25), 1–24.
Li, H. (2014). Top Executives ’ Ability and Earnings Quality : Evidence from the Chinese Capital Markets. International Journal of Financial Research, 5(2), 79–86. https://doi.org/10.5430/ijfr.v5n2p79
Maharani, A. A. I. (2014). Respon Pasar Atas Informasi Laba (Replikasi Ball dan Brown 1968). E-Jurnal Akuntansi Universitas Udayana, 8(1), 83–93.
Mashayekhi, B., & Aghel, Z. L. (2016). A Study on the Determinants of Earnings Response Coefficient in an Emerging Market. International Journal of Ecoomics and Management Engineering, 10(7), 2479–2482.
Moradi, M., Salehi, M., & Erfanian, Z. (2010). A Study of the Effect of Financial Leverage on Earnings Response Coefficient through out Income Approach : Iranian Evidence. International Review of Accounting, Banking and Finance, 2(2), 103–115.
Radchobeh, zeynab ramzi, Biyabani, S., & Nikoumaram, H. (2012). Evaluation on the Relation between Earning Response Coefficient (ERC) and Financial Leverage. Journal of Life Science and Biomedicine, 3(1), 83–87.
Rahayu, L. P. A. K., & Suaryana, I. G. N. A. (2015). Pengaruh Ukuran Perusahaan dan Risiko Gagal Bayar pada Koefisien Respon Laba. E-Jurnal Akuntansi, 13(2), 665–684.
Suardana, K. A., & Dharmadiaksa, I. B. (2018). Earnings Response Coefficient ANALSIS FAKTOR-FAKTOR YANG MEMPENGARUHINYA. Jurnal Riset Akuntansi, JUARA, 8(2), 1–10.
Suaryana, A. (2007). Pengaruh Komite Audit terhadap Kualitas Laba. Jurnal Ilmiah Akuntansi Dan Bisnis, 2(1), 1–22.
Suaryana, A. (2008). Pengaruh Konservatisme Laba terhadap Koefisien Respons Laba. E-Jurnal Akuntansi Universitas Udayana, 1–20.
Syariffuloh, R., & Wahyudin, A. (2016). Determinan Koefisien Respon Laba. Accounting Analysis Journal, 5(1), 1–9.
Ambarwati, S., & Sudarmaji, E. (2019). Earning Response Coefficient : The Indonesia Stock Exchange Case. Research Gate, 1–18.
Arif, R. N. (2016). Faktor-Faktor yang Mempengaruhi Earnings Response Coefficient (ERC) pada Perusahaan yang Terdaftar di Bursa Efek Indonesia (Periode 2011-2015). Institutional Repository UIN Syarif Hidayatullah.
Arifin, L. (2017). Earning on Response Coefficient in Automobile and Go Public Companies. Journal of Economic and Business, 2(2), 215–238.
Assagaf, A., Murwaningsari, E., Gunawan, J., & Mayangsari, S. (2019). Factors Affecting the Earning Response Coefficient with Real Activities Earning Management as Moderator: Evidence from Indonesia Stock Exchange.
Asian Journal of Economics, Business and Accounting, 11(2), 1–14. https://doi.org/10.9734/ajeba/2019/v11i230124
Ball, R., & Brown, P. (1968). An Empirical Evaluation of Accounting Income Numbers. Journal of Accounting Research.
Dechow, P., Ge, W., & Schrand, C. (2010). Understanding earnings quality: A review of the proxies, their determinants and their consequences. Journal of Accounting and Economics, 50(2–3), 344–401. https://doi.org/10.1016/j.jacceco.2010.09.001
Dewi, A. A. P. K., & Putra, I. M. P. D. (2017). Pengaruh Leverage dan Ukuran Perusahaan pada Earnings Response Coefficient. E-Jurnal Akuntansi Universitas Udayana, 19(1), 367–391.
Dewi, D. M. (2015). The Role of CSRD on Company’s Financial Performance and Earnings Response Coefficient (ERC). Procedia - Social and Behavioral Sciences, 211(September), 541–549. https://doi.org/10.1016/j.sbspro.2015.11.072
Dewi, N. S., & Yadnyana, I. K. (2019). Pengaruh Profitabilitas dan Leverage pada Earning Response Coefficient dengan Ukuran Perusahan Sebagai Variabel Pemoderasi. E-Jurnal Akuntansi Universitas Udayana, 26(3), 2041–2069.
Faradilla, N. C., Shodiq, N., & Junaidi. (2017). Pengaruh Persistensi Laba, Growth Opportunities, dan Ukuran Perusahaan Terhadap Relevansi Nilai Laba Akuntansi (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Selama Periode 2013-2015). Jurnal Ilmiah Riset Akuntansi, 6(3), 121–134.
Hasanzade, M., Darabi, R., & Mahfoozi, G. (2013). Factors Affecting the Earnings Response Coefficient: An Empirical study for Iran. European Online Journal of Natural and Social Sciences, 2(3), 2551–2560. Retrieved from www.european-science.com
Hejazi, R., Ansari, Z., Sarikhani, M., & Ebrahimi, F. (2012). The Impact Of Earnings Quality And Income Smoothing On The Performance Of Companies Listed In Tehran Stock Exchange. International Journal of Business and Social Science, 2(17), 193–197. Retrieved from http://search.proquest.com/docview/904522920?accountid=12528%5Cnhttp://monash-dc05.hosted.exlibrisgroup.com/openurl/MUA/MUL_SERVICES_PAGE?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&genre=article&sid=ProQ:ProQ:abiglobal&atitle=The+Impact+
Henny. (2017). Pengaruh Public Ownership dan Growth Opportunity terhadap Leverage dan Future Earnings. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 1(1), 135–144.
Homan, H. S. (2018). The Effect of Corporate Social Responsibility Disclosure to Earnings Response Coefficient. International Journal of Business, Economic and Law, 16(1), 1–8.
Kim, Y. H., Willett, R. J., & Jang, J. I. (2002). Default Risk as a Factor affecting the Earnings Response Coefficient. SSRN Electronic Journal, 1–36. https://doi.org/10.2139/ssrn.300350
Kurniawati, A. D. (2014). Pengaruh Karakteristik Perusahaan Terhadap Earnings Response Coefficient. Jurnal Akuntansi Bisnis, XIII(25), 1–24.
Li, H. (2014). Top Executives ’ Ability and Earnings Quality : Evidence from the Chinese Capital Markets. International Journal of Financial Research, 5(2), 79–86. https://doi.org/10.5430/ijfr.v5n2p79
Maharani, A. A. I. (2014). Respon Pasar Atas Informasi Laba (Replikasi Ball dan Brown 1968). E-Jurnal Akuntansi Universitas Udayana, 8(1), 83–93.
Mashayekhi, B., & Aghel, Z. L. (2016). A Study on the Determinants of Earnings Response Coefficient in an Emerging Market. International Journal of Ecoomics and Management Engineering, 10(7), 2479–2482.
Moradi, M., Salehi, M., & Erfanian, Z. (2010). A Study of the Effect of Financial Leverage on Earnings Response Coefficient through out Income Approach : Iranian Evidence. International Review of Accounting, Banking and Finance, 2(2), 103–115.
Radchobeh, zeynab ramzi, Biyabani, S., & Nikoumaram, H. (2012). Evaluation on the Relation between Earning Response Coefficient (ERC) and Financial Leverage. Journal of Life Science and Biomedicine, 3(1), 83–87.
Rahayu, L. P. A. K., & Suaryana, I. G. N. A. (2015). Pengaruh Ukuran Perusahaan dan Risiko Gagal Bayar pada Koefisien Respon Laba. E-Jurnal Akuntansi, 13(2), 665–684.
Suardana, K. A., & Dharmadiaksa, I. B. (2018). Earnings Response Coefficient ANALSIS FAKTOR-FAKTOR YANG MEMPENGARUHINYA. Jurnal Riset Akuntansi, JUARA, 8(2), 1–10.
Suaryana, A. (2007). Pengaruh Komite Audit terhadap Kualitas Laba. Jurnal Ilmiah Akuntansi Dan Bisnis, 2(1), 1–22.
Suaryana, A. (2008). Pengaruh Konservatisme Laba terhadap Koefisien Respons Laba. E-Jurnal Akuntansi Universitas Udayana, 1–20.
Syariffuloh, R., & Wahyudin, A. (2016). Determinan Koefisien Respon Laba. Accounting Analysis Journal, 5(1), 1–9.
Published
2020-06-26
How to Cite
TAMARA, I Gusti Ayu Ary Amalia; SUARYANA, I Gusti Ngurah Agung.
Pengaruh Growth Opportunity dan Leverage pada Earning Response Coefficient.
E-Jurnal Akuntansi, [S.l.], v. 30, n. 6, p. 1414 - 1424, june 2020.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/56856>. Date accessed: 14 nov. 2024.
doi: https://doi.org/10.24843/EJA.2020.v30.i06.p06.
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