Open AccessPengaruh Opini Audit Terhadap Earnings Response Coefficient
Author(s) -
Maria Stefani Osesoga,
Jimmy Ardianto
Publication year - 2011
Publication title -
ultima accounting/ultimaccounting
Language(s) - English
Resource type - Journals
eISSN - 2541-5476
pISSN - 2085-4595
DOI - 10.31937/akuntansi.v3i2.435
Subject(s) - heteroscedasticity , normality test , leverage (statistics) , econometrics , earnings , multicollinearity , accounting , audit , actuarial science , statistics , business , statistical hypothesis testing , linear regression , economics , mathematics
The users of financial statements require quality and relevant earnings information to be used in decision-making process. The purpose of this study is to determine the significant effect of audit opinion information that contained in the companies' annual report against the quality and relevance earnings information, which measured by Earning Response Coefficient or ERC. This research used control variables, which are beta, leverage, and PBV. The tests conducted in this study were normality test using normal probability plot, the autocorrelation test using Durbin-Watson, multicollinearity test using the value of tolerance and VIF, and heteroscedasticity test using the scatter plot graphic. The hypotheses were tested by using multiple regressions. The results of the study showed that PBV had significant impact on ERC, and indicated that investors had not appreciated the audit opinion information disclosed by the companies in their annual reports for their investment decision.
Keywords: Audit Opinion, Beta, Earnings Response Coefficient, Leverage, Price to Book Value.