| Pengarang : | Rahmawati |
| Sumber : | Jurnal Riset Akuntansi Indonesia |
| Penerbit : | Ikatan Akuntan Indonesia |
| Tahun Terbit Artikel: | 2006 |
| Volume : | 9 |
| No : | 2 |
| Halaman : | 136-156 |
| Kata Kunci : | Earnings; Komponen arus kas; Akrual; Return saham |
| Abstrak : | The purposes of this study are to examine whether: (1) there is a nonlinearity relationship between earnings and stock return, (2) earnings/price ratio moderates the relationship between cash flow and stock return, and (3) there is a nonlinearity relationship between accrual and stock return. To test the hypotheses this study employs NLS (Nonlinier Least Square) regression analysis with 41 manufacturing companies listed in the Jakarta Stock Exchanges (JSX) as samples. The results indicate that the values relevance of unexpected earnings decreases from year to year. On the other hand the value relevance of cash flow components provide better explanation power when they are broken into operating cash flow investing cash flow and financing cash flow. The findings are consistent with Hodgson and Clarke (1998) study. |
Monday, June 27, 2011
Relevansi Nilai Informasi Akuntansi Dengan Pendekatan Terintegrasi: Hubungan Nonlinier
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