PENGARUH OPINI WAJAR DENGAN PENGECUALIAN DAN DISCLAIMER TERHADAP HARGA SAHAM (Studi Empiris Perusahaan Publik yang Terdaftar di Bursa Efek Indonesia Pada Periode 2010 � 2012)
In order to enhance the reliability of a financial report and as a mediation between owner interest and management interest, an audit is needed. Audit report is the result of audit activity, including audit opinion that is useful to enhance the assurance of the financial report for the users. Audit...
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| Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2014
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| Summary: | In order to enhance the reliability of a financial report and as a mediation
between owner interest and management interest, an audit is needed. Audit report
is the result of audit activity, including audit opinion that is useful to enhance the
assurance of the financial report for the users. Audit opinion can influence many
aspects in a company, especially for the necessity of the investors who invest their
capital in the company as one of the basis for decision making. The relevance
between audit opinion and basis for decision making is good when there is
difference in decision making and so the market reaction.
This study uses nonparticipant observasion by gathering, recording, and
researching all the documents that relates to audit opinion and share price to
understand the effect of qualified audit opinions and disclaimer on share prices.
The effect can be detected by seeing the market reaction in form of share price
changes using the market return analysis in an event study.
The result of this study shows that there is no significat effect between
seven days before and seven days after the announcement of qualified audit
opinion and disclaimer on share prices. It means that the investors not paying
much attention from audit reports |
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