Pengaruh Informasi Laba Akuntansi Terhadap Cumulative Abnormal Return

  • Sani Maulidina STIE Widya Gama Lumajang
  • Ratna Wijayanti Daniar Paramita STIE Widya Gama Lumajang
  • Muhammad Mudhofar STIE Widya Gama Lumajang
Keywords: Cumulative Abnormal Return, CAR, Change of Earnings Per Share, PEPS

Abstract

This study aims to determine the effect of earnings information on Cumulative Abnormal Return (CAR) to test the change variable earnings per share on cumulative abnormalreturn.Through this research can know whether there is influence of accounting earnings information to Cumulative Abnormal Return (CAR) at manufacturing company listed in Indonesia Stock Exchange (BEI) in period 2014-2016. The population in this research is all manufacturing companies listed in Indonesia Stock Exchange (BEI) period 2014-2016. And for sampling technique in this research is by using purposive sampling method, as many as 15 manufacturing companies in accordance with the criteria to be sampled. While for data analysis technique used in this research that is using simple regression analysis technique. The result of this research concludes that there is an influence between change of eranings per share (PEPS) to cumulative abnormal return (CAR). This means that market players respond positively or respond to earnings per share announced by issuers and the investors are using profit information in terms of investment decision-making during this study period.

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Published
2018-08-24