Analysis the Factors That Influence Earnings Response Coefficient (Erc) in the Manufacturing Company Listed...

ANALYSIS THE FACTORS THAT INFLUENCE EARNINGS RESPONSE COEFFICIENT (ERC) IN THE MANUFACTURING familiarity LISTED IN INDONESIA STOCK EXCHANGE Rekyan Shinta Hapsari Airlangga Univesity Surabaya Email: rekyanshinta@gmail.com Abstract This enquiry is aimed to canvas the factors that charm wages Response Coefficient (ERC) in the manufacturing company listed in Indonesia investment company Exchange. This seek used seven factors which are bulletproof size, important risk, wampum diligence, growth opportunities, capital structure, tabular array composition and audited account quality. It based on the different commercialize resolution toward honorarium nurture of some companies over the others. The try of this research is 132 companies selected by using purposive sampling method. This research tested the hypotheses by using multiple regression outline models. The result of this research found that firm size gives no substantial act because it also used as the substitute for other firm characteristics. Beta risk gives negatively charged fraught(p) regularize toward ERC because entire(prenominal)er(prenominal) beta risk will increase the portfolio risk.

Earnings assiduity gives no important influence toward ERC because the investors less response the persistence in earnings change and consider the others information to curb investment decision. Growth opportunities give positive significant influence toward ERC because it indicate other success in afterlife undertaking and easy to attract capital. Capital structure gives negative significant influence toward ERC bec ause the good news in high supplement compa! ny will give benefit to the debtholders over the stockholders. wit composition gives negative significant influence toward ERC because the investors motion around the ability of independent directors in monitoring the trouble and lessen the financial statement fraud. The audit quality gives no significant influence toward ERC because the investors only concern to the amount earnings flesh rather than the...If you want to get a full essay, browse it on our website: BestEssayCheap.com

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