PENGARUH ALOKASI PEMBEBANAN PAJAK PENGHASILAN ANTAR PERIODE TERHADAP KOEFISIEN RESPON LABA

Abstract Inter period tax allocation is noise factor of earnings content of financial statements. Earnings is important component of taxable income assessment that difference from accounting treatment. This research investigate effect of inter period tax allocation toward earnings response coefficient (ERC). Research conducted for 38 samples companies from any industries that going public at Indonesia Stock Exchange 1997 to 2004. Data is analyze by multiple regression, and t-test. Output of this research stated that ERC before and after tax allocation based on PSAK 46 are the same, at significance value 0,404. This implied that inter period tax allocation is not having impact on ERC, at significance value 0,489. This researchfound that usefulness of accounting for income tax based on PSAK 46 is not difference with the non applicant.Keywords: Earnings Response Coefficient (ERC), inter period tax allocation,deferred tax expense, deferred income tax.

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Analisis Perbedaan Earnings Response Coefficient (ERC) Sebelum dan Setelah Adopsi IFRS pada Perusahaan yang Tercatat dalam Bursa Efek Indonesia

MODUS ◽

10.24002/modus.v28i1.664 ◽

2016 ◽

Vol 28 (1) ◽

pp. 39

Author(s):

Fransisca Intan Galantika ◽

I Gede Siswantaya

Keyword(s):

Financial Reporting ◽

Stock Exchange ◽

Financial Statements ◽

Reporting Standards ◽

Earnings Response Coefficient ◽

Financial Reporting Standards ◽

Response Coefficient ◽

Significant Difference ◽

Before And After ◽

Earnings Response

AbstrakKonvergensi International Financial Reporting Standards (IFRS) menyebabkan Pernyataan Standar Akuntansi Keuangan (PSAK) mengalami beberapa perubahan. Perbedaan standar akuntansi keuangan menyebabkan komparibilitas laporan keuangan menurun sehingga investor dari berbagai negara sulit untuk mengambil keputusan investasi. Muncullah IFRS sebagai standar akutansi global sebagai acuan dalam menghasilkan pelaporan keuangan yang berkualitas. Penelitian ini bertujuan untuk melakukan analisis mengenai ada tidaknya perbedaan signifikan antara nilai Earning Response Coefficient (ERC) sebelum dan sesudah adopsi IFRS pada perusahaan yang tercatat di Bursa Efek Indonesia (BEI). ERC digunakan sebagai proksi untuk melihat reaksi pasar. Data yang digunakan dalam penelitian ini merupakan data sekunder berupa laporan keuangan tahunan dan harga saham bulanan. Sampel yang digunakan dalam penelitian ini adalah perusahaan yang terdaftar di BEI pada tahun 2009 hingga 2014. Pemilihan sampel didasarkan pada metode purposive sampling dengan kriteria yang telah ditentukan. Hasil penelitian ini membuktikan bahwa tidak terdapat perbedaan yang signifikan antara ERC sebelum dan sesudah adopsi IFRS ke dalam PSAK pada perusahaan yang terdaftar di BEI.Kata Kunci: IFRS, Earnings Response Coefficient, Laba, PSAK, Reaksi Pasar. Abstract Convergence of International Financial Reporting Standards (IFRS) causes the Pedoman Standar Akuntansi Keuangan (PSAK) undergo some changes. This then leads to differences in comparability of financial statements declining so that investors from various countries is difficult to make investment decisions. Then appeared IFRS as the global accounting standards as a reference in generating quality of financial reporting. This study aimed to analyze whether there was a significant difference between the value of Earning Response Coefficient (ERC) before and after the adoption of IFRS on the companies listed on the Indonesia Stock Exchange. ERC is used as a proxy to see the market reaction. The data used in this research is secondary data in the form of annual financial statements and monthly stock prices. The sample used in this study is a company listed on the Indonesia Stock Exchange (IDX) in 2009 to 2014. The sample selection was based on a random sampling method with predetermined criteria. The results of this study prove that there was no significant difference between the ERC before and after the adoption of IFRS into the FRS companies listed on the Stock Exchange.Keywords: IFRS, Earnings Response Coefficient, Earnings, PSAK, Market Reaction.

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PERNYATAAN STANDAR AKUNTANSI KEUANGAN No. 46 DAN KOEFISIEN RESPON LABA AKUNTANSI

EKUITAS (Jurnal Ekonomi dan Keuangan) ◽

10.24034/j25485024.y2008.v12.i3.2083 ◽

2017 ◽

Vol 12 (3) ◽

pp. 336

Author(s):

Akhmad Riduwan

Keyword(s):

Stock Price ◽

Price Change ◽

Negative Effects ◽

Earnings Response Coefficient ◽

Response Coefficient ◽

Income Statement ◽

Before And After ◽

Earnings Response ◽

The Difference ◽

Deferred Tax

The objective of this study is to examine: (1) the difference of stock price change in the period before and after PSAK No.46 was implemented; (2) the effect of interperiod tax allocation based on PSAK No.46 on the earning response coefficient (ERC); and (3) the ERC difference between companies which reported deferred tax income and companies which reported deferred tax expenses.The result of this study provide empirical evidence that: (1) stock price change in the period after implementing of the PSAK No.46 are higher than the period before the PSAK No.46 was implemented; (2) interperiod tax allocation based on the PSAK No.46 have negative effects on the ERC; and (3) earnings response coefficient (ERC) for companies which reported deferred tax income were not differ from companies which reported deferred tax expenses. The result of this study indicate that interperiod tax allocation based on the PSAK No.46 was succesfully improve the income statement informativeness and earnings quality. However, interperiod tax allocation based on the PSAK No.46 generate perceive noise embedded in the reported earnings. Therefore, additional disclosures are needed, particularly for economic substance of deferred tax income and deferred tax expenses reported in income statement.

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PERNYATAAN STANDAR AKUNTANSI KEUANGAN No. 46 DAN KOEFISIEN RESPON LABA AKUNTANSI

EKUITAS (Jurnal Ekonomi dan Keuangan) ◽

10.24034/j25485024.y2008.v12.i3.393 ◽

2018 ◽

Vol 12 (3) ◽

pp. 336-358

Author(s):

Akhmad Riduwan

Keyword(s):

Stock Price ◽

Price Change ◽

Negative Effects ◽

Earnings Response Coefficient ◽

Response Coefficient ◽

Income Statement ◽

Before And After ◽

Earnings Response ◽

The Difference ◽

Deferred Tax

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PENGARUH VOLUNTARY DISCLOSURE TERHADAP EARNINGS RESPONSE COEFFICIENT

Jurnal Reviu Akuntansi dan Keuangan ◽

10.22219/jrak.v8i1.27 ◽

2018 ◽

Vol 8 (1) ◽

pp. 69

Author(s):

Teguh Gunawan Setyabudi

Keyword(s):

Voluntary Disclosure ◽

Stock Exchange ◽

Investment Decisions ◽

Financial Statements ◽

Real Income ◽

Manufacturing Companies ◽

Earnings Response Coefficient ◽

Response Coefficient ◽

Earnings Response ◽

Variable Quality

This study aims to examine and obtain empirical evidence on the effects of voluntary disclosure of earnings response coefficient. Research conducted at the manufacturing companies listed in Indonesia Stock Exchange. The results showed that the voluntary disclosure significant effect on earnings response coefficient. From the results of the regression analysis, it can be said that the greater voluntary disclosure, the lower the market response on earnings announcements. It is possible that the information voluntarily disclosed by the company are not sufficiently represent the expected future profits of investors, so that the shareholders would prefer to use the information in real income in the financial statements alone. Shareholders are not quite sure use voluntary information in making investment decisions that are not directly responding on the market. Variable quality auditor shown to have a significant effect on earnings response coefficient. Meanwhile, the variable leverage proven no effect on earnings response coefficient.

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PENGARUH KONSERVATISME DAN KETIDAKTEPATAN WAKTU PENYAMPAIAN LAPORAN KEUANGAN TERHADAP EARNING RESPON COEFFICIENT

Media Mahardhika ◽

10.29062/mahardika.v19i1.192 ◽

2020 ◽

Vol 19 (1) ◽

pp. 21-27

Author(s):

Astari Dianty

Keyword(s):

Stock Exchange ◽

Statistical Tests ◽

Sample Selection ◽

Financial Statements ◽

Manufacturing Companies ◽

Purposive Sampling ◽

Earnings Response Coefficient ◽

Response Coefficient ◽

Analysis Technique ◽

Earnings Response

The purpose of this study is to analyze the relationship between conservatism and the inaccuracy of the delivery of financial statements with earning response coefficient on manufacturing companies listed on the Indonesia Stock Exchange. The population in this study is manufacturing companies listed on the Indonesia Stock Exchange in the period 2010-2012. The sample selection method used is the purposive sampling method. Based on purposive sampling, there were 91 companies included in the criteria during the 2010-2012 observation period, so there were 273 samples. The data analysis technique was done by SPSS Ver. 21. Based on the results of statistical tests, it was concluded that Conservatism and Inaccuracy in the delivery of financial statements have an influence on the Earning Response Coefficient. Based on these conclusions, the researcher suggests that the Issuer is more appropriate in presenting financial statements given the variable inaccuracy in the delivery of financial statements has an influence on the earnings response coefficient.

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PENGARUH KONSERVATISMA AKUNTANSI TERHADAP EARNINGS RESPONSE COEFFICIENT (ERC) DENGAN CORPORATE GOVERNANCE SEBAGAI VARIABEL PEMODERASI

Jurnal Kajian Akuntansi dan Auditing ◽

10.37301/jkaa.v0i0.6485 ◽

2008 ◽

Author(s):

Olliza Mayesti ◽

Resti Yulistia Muslim

Keyword(s):

Corporate Governance ◽

Stock Exchange ◽

Negative Influence ◽

Accounting Conservatism ◽

Managerial Ownership ◽

Net Income ◽

Manufacturing Companies ◽

Earnings Response Coefficient ◽

Response Coefficient ◽

Earnings Response

The objective of this study is to examine whether corporate governance influence the relation between accounting conservatism and Earnings Response Coefficient (ERC). The accounting conservatism proxy used in this research is accruals obtained from differences between net income and cash flow. Sample consists of 31 manufacturing companies that listed in Indonesian Stock Exchange since 20032006. Hypotheses are examined by using multiple regressions. The result shows that there is a negative influence of accounting conservatism to Earnings Response Coefficient. Managerial ownership as a moderating variable did not affect the relation between accounting conservatism and Earnings Response Coefficient, but independent board of commissioner composition as a moderating variable affected the relation between accounting conservatism and Earnings Response Coefficient.

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PENGARUH EARNINGS MANAGEMENT TERHADAP EARNINGS QUALITY

Jurnal Kajian Akuntansi dan Auditing ◽

10.37301/jkaa.v0i0.5078 ◽

2010 ◽

Author(s):

Pupun Tri Wahyuni ◽

Resti Yulistia Muslim

Keyword(s):

Earnings Management ◽

Sampling Method ◽

Stock Exchange ◽

Earnings Quality ◽

Manufacturing Companies ◽

Financial Report ◽

Earnings Response Coefficient ◽

Discretionary Accrual ◽

Response Coefficient ◽

Earnings Response

This research objective is to axamine empirically the influence of earnings management on earnings quality. The study motivated by the controversy of previous study about earnings management and earnings quality. Earnings management was measured by Discretionary Accrual and earnings quality was measured by Earnings Response Coefficient (ERC). The units were 128 (16x8) Quartal financial report in manufacturing companies listed in the Jakarta Stock Exchange, started from the year 2005 up to 2006. The data was collected using purposive sampling method. Statistical method used to test the hypotheses was multiple regressions. The result of the research showed that: the influence of earnings management on earnings quality was negative, sig 0.049. It means that the lower earnings management will be followed by higher earnings quality. This study supported the result of Fetham and Pae (2000), Nelson et al. (2000), Scott (2000), Lobo and Zhou (2001), also Teixeira (2002), Pudjiastuti (2006).

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PENGARUH UKURAN PERUSAHAAN, LEVERAGE, RISIKO SISTEMATIK, DAN INVESTMENT OPPORTUNITY SET TERHADAP EARNINGS RESPONSE COEFFICIENT PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PADA TAHUN 2012-2014

Jurnal Ekonomi ◽

10.24912/je.v20i3.406 ◽

2018 ◽

Vol 20 (3) ◽

pp. 463

Author(s):

Ivan Kurnia, Sufiyati

Keyword(s):

Firm Size ◽

Sampling Method ◽

Stock Exchange ◽

Systematic Risk ◽

Manufacturing Companies ◽

Investment Opportunity ◽

Earnings Response Coefficient ◽

Response Coefficient ◽

Investment Opportunity Set ◽

Earnings Response

The purpose of this research is to gain empirical evidence about the influence of firm size, leverage, systematic risk, and investment opportunity set on earnings response coefficient on manufacturing companies listed in Indonesia Stock Exchange for 2012-2014. Samples selected by using purposive sampling method. This research used a sample of one hundred fourty one manufacturing companies. The result of this research indicate that only systematic risk have an influence on earnings response coefficient while firm size, leverage, and investment opportunity set has not an influence on earnings response coefficient. For a better results, further research may add another variable that influence on earnings response coefficient.

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HUBUNGAN INFORMASI PELAPORAN EARNINGS AKUNTANSI TERHADAP PERGERAKAN RETURNS SAHAM PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK JAKARTA

Media Riset Akuntansi Auditing & Informasi ◽

10.25105/mraai.v8i2.977 ◽

2008 ◽

Vol 8 (2) ◽

pp. 133

Author(s):

Rosna K. Haraharap ◽

Arga Fitria

Keyword(s):

Random Sampling ◽

Stock Return ◽

Stock Exchange ◽

Lower Sensitivity ◽

Earnings Response Coefficient ◽

Response Coefficient ◽

Sensitivity Level ◽

Earnings Response ◽

Negative Earnings

The purpose of this research is to know whether the negative earnings stock have lower sensitivity level or lower Earnings Response Coefficient (ERC) to stock return than the positive earnings stock and this research also aim to know whetherthe negative earnings stock will have weaker level strength of correlation (R2) to stock return than the positive earnings stock. The samples are 25 fisted manufactured company at Jakarta Stock Exchange during 2000-2004 which selected using purposive non random sampling. Data analyze method used is linier regression. The result of this research is that the negative earnings stock will have the lower level sensitivity or lower Earnings Response Coefficient (ERC) to stock return, compared to the level sensitivity (ERC) of positive earnings stock This research also finds that the negative earnings stock will have weaker level strength of correlation (R2) to stock return, compared to the level strength of correlation (R2) of positive earnings stock.Keywords: Negative earnings, Positive earnings, Stock return, Earnings response coefficient, Return-earnings association

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Refleksi Perataan Laba terhadap Respon Pasar

Journal of Research and Applications Accounting and Management ◽

10.18382/jraam.v2i2.180 ◽

2017 ◽

Vol 2 (2) ◽

pp. 129

Author(s):

Ratna Wijayanti Daniar Paramita

Keyword(s):

Voluntary Disclosure ◽

Stock Exchange ◽

Secondary Data ◽

Income Smoothing ◽

Market Response ◽

Manufacturing Companies ◽

Earnings Response Coefficient ◽

Earnings Information ◽

Response Coefficient ◽

Earnings Response

AbstractThe purpose of this study is to obtain empirical evidence, examine and explain the effect of companies that implement income smoothing towards the market response, with voluntary disclosure as moderating variables. This study uses the secondary data of 143 manufacturing companies that go public in BEI (Indonesian Stock Exchange) during 2011-2015. This research variables include income smoothing as an independent variable, the market response is proxies by Earnings Response Coefficient (ERC) as the dependent variable and voluntary disclosure is moderating variable. The data analysis methods is regression with single moderating variable. The study finds that income smoothing affects the market response both individually and partially. The results also reveal that earnings information delivered on the date of the announcement was responded positively by investors. However, the presentation of the full report in the form of voluntary disclosure actually reduces the market response to earnings at the date of announcement.AbstrakTujuan penelitian ini adalah untuk memperoleh bukti empirik, menguji dan menjelaskan pengaruh perusahaan yang melakukan income smoothing terhadap respon pasar dengan voluntary disclosure sebagai variabel pemoderasi pada perusahaan manufaktur yang go public di BEI tahun 2011-2015 sebanyak 143 perusahaan. Variable penelitian ini income smoothing sebagai variabel bebas, respon pasar diproksikan dengan Earnings Response Coefficient (ERC) sebagai variabel terikat dan voluntary disclosure adalah variabel moderasi. Metode analisis data menggunakan regresi dengan variabel moderasi tunggal. Income smoothing secara individu dan parsial berpengaruh terhadap respon pasar. Laba yang disampaikan pada tanggal pengumuman direspon positif oleh investor. Namun demikian penyajian laporan secara lengkap dalam bentuk voluntary disclosure justru mengurangi respon pasar terhadap laba pada tanggal pengumuman.

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