Pengaruh PSAK 5 (revisi) tentang pelaporan segmen terhadap kemampuan pasar saham mengantisipasi laba masa depan

Deskripsi

This research investigates the effect of firms? adoption of PSAK 5 (revised) on market?s ability to anticipate future earning effective for fiscal years January 1,2002. PSAK 5 (revised) arguably INCreases both the quantity and quality segment of disclosure. This study aims to investigate whether PSAK 5 (revised) about segment disclosure influence on the market?s ability to predict the firms? earnings, as captured by the Forward Earning Response Coefficient (FERC). After firm?s adoption of PSAK 5 (revised) many pre single and multi segment firms INCrease number of reported segment. However, this INCrease in segment information does not correlate to INCrease in FERC.Ada tabel