Browsing by Author "Dadang Muljawan"

Now showing 1 - 2 of 2
  • Thumbnail Image
    ItemOpen Access
    The factors that influence earning response coefficient : in the context of indonesian capital market in year 2015-2018
    (Lembaga Riset, Publikasi dan Konsultan JONHARIONO, 2023-04-16) Vincent Aurelio Benny; Dadang Muljawan; Herbert Hasudungan
    Investing in a business that consistently generates profits is what every investor undoubtedly wants to do. Investors want to put their money into profitable businesses, without a doubt. The effective application of operations management and financial regulations has led to these high-quality results. When building an investment portfolio, investors should be far more knowledgeable of and devote attention to the quality of profits and internal control of the firm. With Corporate Governance serving as the moderation variable and earning response coefficient serving as the dependent variable, this empirical study aims to determine the relationship between Conservatism, which is a way of presenting numbers in financial statements, return on assets, asset turnover, and Ectivity Performance. In this study, manufacturing companies in the basic and chemical industries that have been registered on the National Stock Exchange of india (IDX) between 2015 and 2018 were examined using purposeful selection and panel data regression analysis. The main conclusions of this study were that asset turnover, return on assets, and Conservatism all significantly affect the earning response coefficient. Additionally, it was shown that the earning response coefficient is influenced by earnings quality, which is tempered by Corporate Governance.
  • Thumbnail Image
    ItemOpen Access
    The factors that influence earning response coefficient : in the context of Indonesian capital market in years 2015-2018
    (Universitas Islam Internasional Indonesia, 2023) Vincent Aurelio Benny; Dadang Muljawan; Herbert Wilbert Victor Hasudungan
    Every investor aims to invest in a company that continues to generate quarterly profits. Investors certainly want to invest in companies with quality earnings. This earnings quality is the result of well-applied operational management and financial standards. The earning response coefficient measures how the capital market interprets the information in earnings. The existence of quality earnings by the company could either strengthen or weaken the market's perception of the content of this earnings information, depending on the interpretation of the capital market. The role of corporate governance is expected to moderate the relationship between market perception and earnings quality so that it can be a good internal control and provide investors with some protection. The existence of a good corporate governance role will boost the company's reputation. Good corporate governance can strengthen the positive influence of earning quality on information content in accounting earnings. This empirical study tries to find the relationship between conservatism, a method of presenting numbers in financial statements, return on assets, asset turnover and earning quality with corporate governance as the moderation variable on earning response coefficient as the dependent variable. Purposive sampling and panel data regression analysis were used in this study to examine manufacturing firms in the primary and chemical industries listed on the Indonesia Stock Exchange (IDX) between 2015 and 2018. Key findings from this study found that conservatism, return on assets, and asset turnover have a significant effect on the earning response coefficient. It was also found that earnings quality, moderated by corporate governance, also affects the earning response coefficient.