Kualitas Akrual Memoderasi Earnings Opacity Terhadap Biaya Ekuitas

Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2015-2017

  • Liza Andriani Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang
  • Mayar Afriyenti Jurusan Akuntansi Fakultas Ekonomi Universitas Negeri Padang
DOI: https://doi.org/10.24036/jea.v1i3.148
Keywords: earnings aggressiveness, earnings smoothing, accrual quality, cost of equity

Abstract

This study aims to examine the effect of earnings opacity on the cost of equity with accrual quality as a moderating variable. This studyuses two measures for earnings opacity which are earnings aggressiveness and earnings smoothing. Number of sampleis 40 manufacturing companies that distribute dividend periods 2015-2017. The method of analysis using interaction moderation regression.The results of this study showed that accrual quality strengthen the relationship between earnings aggressiveness and cost of equity. Accrual quality also weaken the relationship between earnings smoothing and cost of equity. Earnings aggressiveness has positive and significant effect on cost of equity. Earnings smoothing has positive but not significant effect on cost of equity.

Published
2019-08-22
Issue
Vol 1 No 3 (2019): Jurnal Eksplorasi Akuntansi (JEA)
Section
Articles
https://licensebuttons.net/l/by-nc/4.0/88x31.png
 
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.