Path: Top Journal Jurnal_Keuangan_dan_Perbankan 2011

DETERMINANT FACTORS OF FINANCIAL REPORTING QUALITY AND ECONOMIC CONSEQUENCES

Jurnal Keuangan dan Perbankan, Volume 15, Nomor 1, Mei 2011
Journal from JIPTUNMERPP / 2012-01-12 05:51:16
Oleh : Zaenal Fanani, Diploma 3 of Finance and Banking Merdeka University Malang (jurkubank@yahoo.com)
Dibuat : 2011-01-01, dengan file

Keyword : Financial reporting quality, economic consequences

The aim of this research was to prove empirically: could the accounting based quality attributes of financial reporting (accrual quality, persistence, and predictability and smoothness) and the market based (relevance value, timeliness, and conservatism) be the qualified representation of financial reporting and different each other? what were the determining factors that influence the quality of financial reporting?, did the quality of financial reporting influence the economic consequences?, and were there influence differences of quality attributes of financial reporting to the economic consequences? The research samples were taken by purposive sampling so it obtained 141 listed manufacturing businesses from 2001 to 2006. The research used four data analysis technique: auxiliary regression R2, confirmatory factor analysis, simple regression, and multiple regressions. The results showed seven attributes, there were five attributes that gave contribution for financial reporting quality namely accrual quality, predictability, smoothness, relevance value, and conservatism while the persistence and timeliness gave small contribution. The five attributes were also different each other. From the thirteen determining factors, it showed nine factors that produced significant influences namely operation cycle, sales volatility, firm size, firm age, loss proportion, leverage, environmental risk, institutional ownership, market concentration, and auditor quality, while the other three, they were liquidity, managerial ownership, and investment growth that were not significant. Testing results of economic consequences of quality of financial reporting showed that the quality of factorial financial reporting influenced negatively and significantly toward information asymmetry.

Deskripsi Alternatif :

The aim of this research was to prove empirically: could the accounting based quality attributes of financial reporting (accrual quality, persistence, and predictability and smoothness) and the market based (relevance value, timeliness, and conservatism) be the qualified representation of financial reporting and different each other? what were the determining factors that influence the quality of financial reporting?, did the quality of financial reporting influence the economic consequences?, and were there influence differences of quality attributes of financial reporting to the economic consequences? The research samples were taken by purposive sampling so it obtained 141 listed manufacturing businesses from 2001 to 2006. The research used four data analysis technique: auxiliary regression R2, confirmatory factor analysis, simple regression, and multiple regressions. The results showed seven attributes, there were five attributes that gave contribution for financial reporting quality namely accrual quality, predictability, smoothness, relevance value, and conservatism while the persistence and timeliness gave small contribution. The five attributes were also different each other. From the thirteen determining factors, it showed nine factors that produced significant influences namely operation cycle, sales volatility, firm size, firm age, loss proportion, leverage, environmental risk, institutional ownership, market concentration, and auditor quality, while the other three, they were liquidity, managerial ownership, and investment growth that were not significant. Testing results of economic consequences of quality of financial reporting showed that the quality of factorial financial reporting influenced negatively and significantly toward information asymmetry.

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PropertiNilai Properti
ID PublisherJIPTUNMERPP
OrganisasiD
Nama KontakDra. Wiwik Supriyanti, SS
AlamatJl. Terusan Halimun 11 B
KotaMalang
DaerahJawa Timur
NegaraIndonesia
Telepon0341-563504
Fax0341-563504
E-mail Administratorperpus@unmer.ac.id
E-mail CKOwsupriyanti@yahoo.com

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  • Editor: Wiwik Supriyanti, Dra. SS.