MANAJEMEN LABA: PENGARUHNYA PADA KINERJA PERUSAHAAN YANG MELAKUKAN PENAWARAN SAHAM TAMBAHAN

  • Gusti Ayu Made Sari Dewi Fakultas Ekonomi dan Bisnis Universitas Udayana
  • I Ketut Sujana Fakultas Ekonomi dan Bisnis Universitas Udayana

Abstract

The purpose of this study was to examine earnings management in companies that do offer additional shares. Data analysis techniques used are two different test average. Test results discretionary accruals with Modified Jones Model shows that discretionary accruals prior to the implementation of additional stock offering higher than the post-implementation offers additional shares. Real earnings management activity by proxy abnormal operating cash flow and abnormal production costs showed results that abnormal operating cash flow two years prior to the implementation of additional stock offering lower than two years after the offering of additional shares and abnormal production costs one year prior to the implementation of additional stock offerings more higher compared with one year after the offering of additional shares. This study evidence that discretionary accruals two years prior to the implementation of additional stock
offerings impact on the financial performance of the company after dilaksanakanya additional stock offering. The implication of this research is to be more investors seeking information about the company not only through financial statements presented by the management company.

Downloads

Download data is not yet available.
How to Cite
DEWI, Gusti Ayu Made Sari; SUJANA, I Ketut. MANAJEMEN LABA: PENGARUHNYA PADA KINERJA PERUSAHAAN YANG MELAKUKAN PENAWARAN SAHAM TAMBAHAN. Jurnal Ilmiah Akuntansi dan Bisnis, [S.l.], v. 10, n. 1, jan. 2015. ISSN 2303-1018. Available at: <https://ojs.unud.ac.id/index.php/jiab/article/view/16816>. Date accessed: 28 oct. 2021.
Section
Articles

Keywords

seasoned equity offering, discretionary accruals, real management

Most read articles by the same author(s)

1 2 > >>