Perataan Laba Terhadap Reaksi Pasar Dengan Mekanisme GCG Dan CSR Disclosure Penelitian Pada Perusahaan Yang Listed Di Bursa Efek Indonesia

Nurika Restuningdiah

Abstract


The purpose of this research is to examine the impact of income smoothing to the market reaction with the good corporate governance mechanism and corporate social Responsibility disclosure as a moderating variable. The proxy of good corporate governance mechanism are institutional ownership, managerial ownership, independency of board commisioner and the size of board commisioner. Regression analysis of 30 public companies  listed in Indonesia Stock Exchange on year 2008 until 2009 through a purposive random sampling technique indicated that income smoothing has negative efect to  the market reaction. This study shows that  good corporate governance mechanism is not the moderating variables to the relationship between income smoothing and the market reaction. The study also shows that corporate social responsibility disclosure is not moderating variables to the relationship between income smoothing and the market reaction, but as independent predictor for market reaction.

Full Text:

PDF

Refbacks

  • There are currently no refbacks.




Recent Articles

How do Entrepreneurial Human Resource Practices Determine Small Firms’ Performance?(pp 133-164) doi.org/10.21632/irjbs.9.3.133-146

Sulaimiah, Sulhaini

December 2016 - March 2017

The Impact of Family Control on Dividend Policy: Evidence from Indonesia (pp 147 156) doi.org/10.21632/irjbs.9.3.147-156

Lukas Setia-Atmaja

December 2016 - March 2017

Accountability and Incumbent Re-election in Indonesian Local Government (pp 157-168) doi.org/10.21632/irjbs.9.3.157-168

Retno Yuliati, Soemarso Slamet Raharjo, Dodik Siswantoro

Recent Articles

Business Process Reengineering of Sustainable Teak Forest at Agroforestry Industry (pp 169-183) doi.org/10.21632/irjbs.9.3.169-183

Muhammad Alkaff, Marimin Marimin, Yandra Arkeman, Sukardi Sukardi, Herry Purnomo

December 2016 - March 2017

The Organizational Attraction at Company-Owned University (pp 185-197)

Rocky Rocky, Rayini Dahesihsari