PENGARUH KONSERVATISME LABA DAN VOLUNTARY DISCLOSURE TERHADAP EARNINGS RESPONSE COEFFICIENT PADA PERUSAHAAN INDUSTRI SEKTOR BARANG KONSUMSI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2019

Abstract

This study was conducted to give some empirical evidences on the impact of earnings conservatism and voluntary disclosure to Earnings Response Coefficient (ERC). This study uses annual reports companies listed in Indonesia Stock Exchange around 2017 - 2019. This research uses purposive sampling method, the population of this study was 51 companies, and the number of samples obtained 30 observations for three years. Analysis technique in this study is Classical Assumption and regression analysis. Based on the analysis result this study found no effect on earnings conservatism ERC, estimated this was due to temporary conservatism react not by the market, which means that market participants have made adjustments to the financial statements conservative. While, this research could find the going influence significantly positive from voluntary disclosure to ERC, because the the more number company’s voluntary disclosures, the higher market response to publish the presence of earnings.