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Dampak praktek internet financial reporting terhadap cost of equity capital perusahaan terbuka di Indonesia

This study examines the impact of internet financial reporting (IFR) practices on cost of equity capital (COE) in Indonesia. To the extend of the author?s knowledge, the impact of IFR on COE has not been examined before, so that this study is expected to contribution academically. The release of Bapepam?s requirement (KEP-431/BL/2012) to present financial report on the company's website starting in 2012, also motivates this study. Investigation whether the company will benefit from this regulation is needed, which becomes the practical contribution of this research. This research was conducted by taking the IFR data from Machmudin et al. (2010) which measures the IFR in 2009 through a checklist adopted from previous studies. COE as the dependent variable is measured using price earnings growth ratio (PEG ratio) as adopted from Hail and Leus (2005). Sample of this research consists of 179 public firms which practiced IFR. This research finds that there is no significant effect of IFR on COE when IFR is measured as a total. Conversely, when each aspect of IFR is tested separately, this study finds that content and timeliness have negative significant effect on COE, while presentation has positive significant effect. Practically, the results of this study are expected to motivate issuers to practice IFR since it can lower the COE.Ada tabel

Ketersediaan

Call NumberLocationAvailable
8157PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Akuntansi Fakultas Ekonomi Universitas Indonesia.,
Edisi -
Subjek Financial reporting
Financial statements
Inventory : Automotive
Capital equity
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xiv, 107 p. ; 30 cm
Info Detail Spesifik -
Other Version/Related Tidak tersedia versi lain
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