IDEAS home Printed from https://ideas.repec.org/a/uii/jsbuii/v13y2009i1id2012.html
   My bibliography  Save this article

Reaksi Investor terhadap Earnings Management

Author

Listed:
  • Bernardus Y. Nugroho

Abstract

This paper examines investor reaction to earnings management around seasoned equity offerings (SEO) by companies listed on Indonesia Stock Exchange (IDX) in the period 2005-2007. Using Jones Model modified by Dechow (1995), this research found evidence of earnings management around seasoned equity offerings. Based on managerial response hypotesis, this research analyze whether SEO announcement signals earnings management to investor. Furthermore, this research also analize investor reaction on SEO announcement and financial report around SEO. The result shows that investor failed to recognize earnings management on financial report before SEO. However, this research does not found evidence that SEO signals earnings management conducted by firms to investor.Keywords: Earnings management, seasoned equity offerings, investor reaction, managerial response hypothesis

Suggested Citation

  • Bernardus Y. Nugroho, 2009. "Reaksi Investor terhadap Earnings Management," Jurnal Siasat Bisnis, Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia, vol. 13(1).
    • Handle: RePEc:uii:jsbuii:v:13:y:2009:i:1:id:2012
    as

    Download full text from publisher

    File URL: https://journal.uii.ac.id/JSB/article/view/2012/1766
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dian Anita Nuswantara & Warih Puspo Andjani, 2021. "Do distressed firms manage earnings?," Jurnal Siasat Bisnis, Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia, vol. 25(2), pages 111-118.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uii:jsbuii:v:13:y:2009:i:1:id:2012. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Yuliani (email available below). General contact details of provider: https://journal.uii.ac.id/JSB/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.