ANALISIS PENGARUH MANAJEMEN LABA (EARNING MANAGEMENT) TERHADAP KINERJA PERUSAHAAN YANG MELAKUKAN IPO (STUDI PADA PERUSAHAAN YANG GO PUBLIC DI BEJ)

SARI SETYANINGRUM, IKA (2008) ANALISIS PENGARUH MANAJEMEN LABA (EARNING MANAGEMENT) TERHADAP KINERJA PERUSAHAAN YANG MELAKUKAN IPO (STUDI PADA PERUSAHAAN YANG GO PUBLIC DI BEJ). Masters thesis, Universitas sebelas Maret.

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    Abstract

    Initial Public Offering (IPO) is an important moment for a company. The investor assessment on current condition and prospect of a company will determine the amounts of fund which can be accumulated by the company in stock exchange. The available information in the market by which to assess a new go public company is relatively less than the longer go public company. Earning management is occuring when management uses a policy in financial reporting and transaction settlement to change the financial report in order to take an effect on stakeholders perception about company performance or influence the contractual results which depending on the reported accounting values. This research aims to know whether earning management is resulting in performance difference on previous period and IPO. Another objective is to know whether earning management influences on company performance while performing IPO. In this research, there holds secondary data. The sample used has taken from company population listed in Jakarta Stock Exchange in 2000-2005 period. The sampling uses purposive sampling and there can be obtained of 56 companies. Data analysis method in this research uses regression analysis, descriptive statistic and classical assumption test. The results of this research shows that the first hypothesis using statistic descriptive discretionary accrual value after IPO is of 0,0549 and net profit margin value after IPO is of 0,5086 which means earning management can decrease performance after IPO. According to the results of individual parameter significance test (t-test) on the second hypothesis for discretionary accrual variable (DACCit) can be obtained that tcalc value is 2,389 with significance level is of 0.020 < 0.05, which means that earning management is significantly influencing on company performance when performing IPO. Keywords: Earning management, IPO, discretionary accrual

    Item Type: Thesis (Masters)
    Subjects: H Social Sciences > HB Economic Theory
    Divisions: Pasca Sarjana > Magister
    Depositing User: Riza Umami Nur K
    Date Deposited: 17 Jul 2013 15:31
    Last Modified: 17 Jul 2013 15:31
    URI: http://eprints.uns.ac.id/id/eprint/5904

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