Open AccessValue of Relevance of Other Comprehensive Income in Listing Companies in LQ 45 Index
Author(s) -
Linda A. Razak Et al.
Publication year - 2021
Publication title -
psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.112
H-Index - 10
ISSN - 0033-3077
DOI - 10.17762/pae.v58i1.801
Subject(s) - listing (finance) , stock exchange , stock (firearms) , value (mathematics) , indonesian , econometrics , economics , net income , stock market , relevance (law) , index (typography) , financial economics , regression analysis , actuarial science , accounting , business , statistics , finance , mathematics , computer science , mechanical engineering , paleontology , linguistics , philosophy , horse , world wide web , political science , law , engineering , biology
This study investigates the relevance of other comprehensive income to returns, using a sample of LQ 45 companies listing on the Indonesian Stock Exchange (IDX) in 2015-2018, and using simple regression analysis.The results found that other comprehensive income is relevant to stock returns; this indicates the existence of OCI information is considered important for decision making. Other comprehensive income includes all changes in the company's net assets that are adjusted to market conditions and are transparent and have a predictive value on future profits so that it can affect the value of the company. One measurement of company value can be measured by looking at the rate of return on company stock returns.