Article Sidebar

Download
View Article
Statistic
Read Counter : 428 Download : 388

Downloads

Download data is not yet available.

Main Article Content

Abstract

This study studies and determines the impact of financial reporting on the Internet on stock returns and trading volume. This study is quantitative—a retraction of research ideas backed by previous investigations employing the same variables and Signal theory. Internet Financial Reporting, Stock Returns, and Trading Volume are research variables. The population for this study consists of 43 banking companies listed on the Indonesia Stock Exchange for the period 2021. This study used a purposive sampling method to obtain a total sample size of 29 banks. Secondary data in financial statements are processed and utilized Using Eviews 12, the analytical strategy comprises descriptive statistical analysis and a panel data regression test. The results indicate that Internet Financial Reporting has a positive but negligible impact on the stock returns and trading volume of Indonesia Stock Exchange-listed banking companies. Internet Financial Reporting has not been a factor in determining whether investors are happy with the stock return data. The minimal influence of Internet Financial Reporting on Stock Returns is due to the inability of the company's Internet Financial Reporting value to offer investors complete information about stock returns before making investment decisions in banking companies. This indicates that Internet Financial Reporting has not become a factor in determining whether investors are satisfied with the information they receive regarding Stock Trading Volume. The negligible impact of Internet Financial Reporting on Stock Trading Volume is due to the inability of the company's Internet Financial Reporting value to offer investors accurate information regarding Stock Trading Volume before making investment decisions in banking firms.

Keywords

Internet Financial Reporting Stock Returns Stock Trading Volume

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Rahmisyari, R. (2022). Impact of Internet Financial Reporting on Stock Returns and Trading Volume of Banking Stocks. Atestasi : Jurnal Ilmiah Akuntansi, 5(2), 321–333. https://doi.org/10.57178/atestasi.v5i2.352
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Abdillah, M. R., & Putriana, A. (2021). Pengaruh internet financial reporting terhadap kinerja saham. Dinamika Ekonomi-Jurnal Ekonomi Dan Bisnis, 14(2), 465–475. https://www.journal.stienas-ypb.ac.id/index.php/jdeb/article/view/332
  2. Almilia, L. S., & Budisusetyo, S. (2019). The impact of internet financial and sustainability reporting on profitability, stock price and return in Indonesia stock exchange. University of the Thai Chamber of Commerce–International Journal of Business and Economics, 1(2). http://www.ijbejournal.com/images/files/8122484915c592e9251a6d.pdf#page=127
  3. Anisma, Y., DP, E. N., & Nofianti, F. I. (2015). Analisis perbandingan harga saham, nilai saham dan abnormal return saham pada perusahaan ifr (internet financial reporting) dan non-ifr (non internet financial reporting) (studi empiris pada perusahaan yang terdaftar di Bursa Efek Indonesia). Riau University. https://www.neliti.com/publications/34037/analisis-perbandingan-harga-saham-nilai-saham-dan-abnormal-return-saham-pada-per
  4. Aschayani, A., & Difinubun, Y. (2021). Pengaruh internet financial reporting (ifr) terhadap return saham dan volume perdagangan saham pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Fair Unimuda, 1(1), 43–59. https://unimuda.e-journal.id/jurnalfairakuntansiunimuda/article/view/1403
  5. Fitriani, E. (2016). Pengaruh ifr (internet financial reporting) dan tingkat pengungkapan informasi website terhadap harga saham dan volume perdagangan saham pada perusahaan manufaktur sub sektor farmasi yang terdaftar di BEI periode 2011-2014. Universitas Islam Negeri Sultan Syarif Kasim Riau. http://repository.uin-suska.ac.id/2798/
  6. Gurusinga, F. M. (2016). Pengaruh internet financial reporting terhadap frekuensi perdagangan saham dan abnormal return pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. UNIMED. http://digilib.unimed.ac.id/id/eprint/5634
  7. Handayani, V. R., & Ikbal, M. (2017). Pengaruh internet financial reporting dan tingkat pengungkapan informasi website terhadap frekuensi perdagangan saham perusahaan yang terdaftar di bursa efek indonesia. Jurnal Ilmu Akuntansi Mulawarman (JIAM), 1(1), 51–58. https://journal.feb.unmul.ac.id/index.php/JIAM/article/view/388/0
  8. Hidayah Putri, R. (2019). Pengaruh tingkat pengungkapan internet financial reporting dan ruang lingkup internet financial reporting terhadap return saham (studi empiris pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia). UNIMED. http://digilib.unimed.ac.id/id/eprint/37205
  9. Hussein, A., & Nounou, G. (2021). The impact of internet financial reporting on Egyptian company’s performance. Journal of Financial Reporting and Accounting. https://doi.org/10.1108/JFRA-10-2020-0293
  10. Immanuela, I., & Purbandari, T. (2016). Pengaruh internet financial reporting terhadap reaksi pasar sebelum dan sesudah internet financial reporting. Widya Warta: Jurnal Ilmiah Universitas Katolik Widya Mandala Madiun, 40(02), 283–295. http://repository.widyamandala.ac.id/305/
  11. Irham, F. (2012). Pengantar Manajemen Keuangan. Bandung: Alfabeta.
  12. Marsudi, R. (2015). Pengaruh internet financial reporting dan tingkat pengungkapan informasi website terhadap harga dan frekuensi perdagangan saham perusahaan. Universitas Muhammadiyah Surakarta. http://eprints.ums.ac.id/id/eprint/37166
  13. Maryati, E. R. (2014). Dampak internet financial reporting (IFR) terhadap nilai perusahaan, harga saham, dan return saham perusahaan manufaktur yang terdaftar dI BEI. STIE Perbanas Surabaya. http://eprints.perbanas.ac.id/420/
  14. Maryati, E. R. (2017). The effect of internet financial reporting (IFR) on firm value, stock price, and stock return in the manufacturing companies listed in Indonesia Stock Exchange. The Indonesian Accounting Review, 4(1), 71–80. http://dx.doi.org/10.14414/tiar.v4i01.286
  15. Muyasaroh, S. (2014). Pengaruh internet financial reporting dan tingkat pengungkapan informasi website terhadap volume perdagangan saham perusahaan yang terdaftar di Bursa Efek Indonesia (BEI). Universitas Muhammadiyah Surakarta. http://eprints.ums.ac.id/id/eprint/29162
  16. Nurlita, S., Wahyuni, M. A., & Edy Sujana, S. E. (2017). Analisis perbedaan abnormal return dan trading volume activity (tva) sebelum dan sesudah internet financial reporting (IFR) (event study pada saham LQ45 yang terdaftar di Bursa Efek Indonesia Periode Agustus 2015-Juli 2016). JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha, 7(1). https://doi.org/10.23887/jimat.v7i1.9505
  17. Omran, M. A., & Ramdhony, D. (2016). Determinants of internet financial reporting in African markets: the case of Mauritius. The Journal of Developing Areas, 50(4), 1–18. https://www.jstor.org/stable/26415513
  18. Pandiangan, S. J. A. (2018). Dampak internet financial reporting dan lingkup pelaporan internet terhadap firm value dan stock return perusahaan. STIE Indonesia Banking School. http://repository.ibs.ac.id/212/
  19. Rahman, Z. D. (2018). The impact of internet financial reporting on stock prices moderated by corporate governance: evidence from Indonesia capital market. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1576327
  20. Sinaga, I. M., Lubis, A., & Prayudi, A. (2020). Pengaruh internet financial reporting (IFR) dan tingkat pengungkapan informasi website terhadap frekuensi perdagangan saham pada perusahaan pertambangan yang terdaftar di BEI. Jurnal Ilmiah Manajemen Dan Bisnis (JIMBI), 1(2). https://doi.org/10.31289/jimbi.v1i2.394
  21. Sugiyono, S. (2015). Metode penelitian pendidikan pendekatan kuantitatif, dan R&D. Alfabeta Bandung.
  22. Sukanto, E. (2018). Pengaruh internet financial reporting dan tingkat pengungkapan informasi website terhadap frekuensi perdagangan saham perusahaan di bursa. Fokus Ekonomi: Jurnal Ilmiah Ekonomi, 6(2). http://ejournal.stiepena.ac.id/index.php/fe/article/view/177
  23. Tifania, M. E. (2020). Pengaruh laba bersih, kepemilikan institusional, dan internet financial reporting terhadap abnormal return saham. Universitas Negeri Jakarta. http://repository.fe.unj.ac.id/id/eprint/9254
  24. Wijaya, D. (2017). Manajemen keuangan konsep dan penerapannya. Gramedia Widiasarana Indonesia.
  25. Yassin, M. M. (2019). Internet financial reporting and expected stock return. Journal of Accounting, Finance & Management Strategy, 14(1), 1–28. https://search.proquest.com/openview/0b94a193f12dccf7a5428606458a97e4/1?pq-origsite=gscholar&cbl=856337
  26. Zadeh, F. N., Salehi, M., & Shabestari, H. (2018). The relationship between corporate governance mechanisms and internet financial reporting in Iran. Corporate Governance: The International Journal of Business in Society. https://doi.org/10.1108/CG-06-2017-0126