MANAJEMEN LABA DALAM PENAWARAN SAHAM PERDANA (IPO) PADA PERUSAHAAN PERBANKAN DI BURSA EFEK JAKARTA

Saftiana, Yulia and Agustina, Ling Ling (2004) MANAJEMEN LABA DALAM PENAWARAN SAHAM PERDANA (IPO) PADA PERUSAHAAN PERBANKAN DI BURSA EFEK JAKARTA. Jurnal Kajian Ekonomi dan Bisnis, 6 (2). pp. 69-84. ISSN 1410-8038

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      Abstract

      The purpose of this study is to re-examine earnings management in the last financial statement before the offerings and in the first financial statement after the offering by using non-manufacturing companies, those are banks. This study found that (a) IPO issuers make earnings management by income decreasing accruals in the last financial statement before and first financial statement after the offerings and (b) the discretionary accruals level in the last financial statement before offerings is higher than discretionary accruals after the offerings. The method used to examine earning management is Jones model that focuses on discretionary accruals as earning management measures. But Jones model needs to be modify because of differnt industries characteristic. Tests were conducted on 12 IPO banks at the Jakarta Stock Exchange. This research is tested by parametric test (Paired Sample T-Test) and non-parametric test (Wilcoxon Test) that have given same result

      Item Type: Article
      Uncontrolled Keywords: Earnings Management,Initial Public Offering (IPO),Gap Information
      Subjects: H Social Sciences > H Social Sciences (General)
      H Social Sciences > HC Economic History and Conditions
      H Social Sciences > HJ Public Finance
      Divisions: Faculty of Economics > Department of Accounting
      Depositing User: S.E,M.Si,Ak Yulia Saftiana
      Date Deposited: 05 Aug 2013 23:23
      Last Modified: 05 Aug 2013 23:23
      URI: http://eprints.unsri.ac.id/id/eprint/2510

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