MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSE
The study aims to analyze moderating effect of IFRS convergence on the relationship accrual reversal with earning persistence and market response. The study used 1158 unbalances panel data from non-financial company listed in Indonesian stock exchange for period 2007-2012. Using generalized least sq...
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| Format: | Article |
| Language: | Indonesian |
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Indonesia University of Education
2019-01-01
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| Series: | Jurnal Riset Akuntansi dan Keuangan |
| Subjects: | |
| Online Access: | https://ejournal.upi.edu/index.php/JRAK/article/view/13632 |
| _version_ | 1818614261764587520 |
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| author | Siti Khomsatun |
| author_facet | Siti Khomsatun |
| author_sort | Siti Khomsatun |
| collection | DOAJ |
| description | The study aims to analyze moderating effect of IFRS convergence on the relationship accrual reversal with earning persistence and market response. The study used 1158 unbalances panel data from non-financial company listed in Indonesian stock exchange for period 2007-2012. Using generalized least squared, the results show that the accrual estimation error is the least persistent component of earning. In detail, accrual relating temporary fluctuation in working capital has more persistent than cash flow, but accrual relating firm growth is not found significantly effecting on earning persistent. The main result shows that IFRS convergence influences the relationship between accrual reversal and earning persistence, but it is not found in the relationship between accrual reversal and stock return. This result indicates that IFRS convergence can support manager has a better judgment precision, but investors still overprice cash flow and underprice accrual |
| first_indexed | 2024-12-16T16:15:12Z |
| format | Article |
| id | doaj.art-1399d0cc82e94116a8c4f28f09062131 |
| institution | Directory Open Access Journal |
| issn | 2338-1507 2541-061X |
| language | Indonesian |
| last_indexed | 2024-12-16T16:15:12Z |
| publishDate | 2019-01-01 |
| publisher | Indonesia University of Education |
| record_format | Article |
| series | Jurnal Riset Akuntansi dan Keuangan |
| spelling | doaj.art-1399d0cc82e94116a8c4f28f090621312022-12-21T22:25:06ZindIndonesia University of EducationJurnal Riset Akuntansi dan Keuangan2338-15072541-061X2019-01-016329931810.17509/jrak.v6i3.136328693MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSESiti Khomsatun0Sekolah Tinggi Ekonomi Islam (STEI) Tazkia, BogorThe study aims to analyze moderating effect of IFRS convergence on the relationship accrual reversal with earning persistence and market response. The study used 1158 unbalances panel data from non-financial company listed in Indonesian stock exchange for period 2007-2012. Using generalized least squared, the results show that the accrual estimation error is the least persistent component of earning. In detail, accrual relating temporary fluctuation in working capital has more persistent than cash flow, but accrual relating firm growth is not found significantly effecting on earning persistent. The main result shows that IFRS convergence influences the relationship between accrual reversal and earning persistence, but it is not found in the relationship between accrual reversal and stock return. This result indicates that IFRS convergence can support manager has a better judgment precision, but investors still overprice cash flow and underprice accrualhttps://ejournal.upi.edu/index.php/JRAK/article/view/13632accrual reversal, earning persistance, market response, ifrs convergence |
| spellingShingle | Siti Khomsatun MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSE Jurnal Riset Akuntansi dan Keuangan accrual reversal, earning persistance, market response, ifrs convergence |
| title | MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSE |
| title_full | MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSE |
| title_fullStr | MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSE |
| title_full_unstemmed | MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSE |
| title_short | MODERATING EFFECT OF IFRS KONVERGENCE ON THE RELATIONSHIP ACCRUAL REVERSAL WITH EARNING PERSISTANCE AND MARKET RESPONSE |
| title_sort | moderating effect of ifrs konvergence on the relationship accrual reversal with earning persistance and market response |
| topic | accrual reversal, earning persistance, market response, ifrs convergence |
| url | https://ejournal.upi.edu/index.php/JRAK/article/view/13632 |
| work_keys_str_mv | AT sitikhomsatun moderatingeffectofifrskonvergenceontherelationshipaccrualreversalwithearningpersistanceandmarketresponse |