The Influence of Corporate Social Responsibility Disclosure, Accounting Conservatism, Earnings Persistence, and Systematic Risk on Earnings Response Coefficient (ERC)
DOI:
https://doi.org/10.57178/atestasi.v7i2.883Keywords:
Corporate Social Responsibility Disclosure, Conservatism, Earnings Persistence, Systematic Risk, Earnings Response CoefficientsAbstract
Earnings response coefficient is a valuation model used to show the probability of fluctuations in share value as a result of market reactions to earnings information presented by companies issuing shares. The phenomenon that occurred in this research was found in several companies where stock price movements and profits were not in line. This research aims to determine the effect of disclosure of corporate social responsibility, conservatism, earnings persistence and systematic risk on mining companies listed on the Indonesia Stock Exchange (BEI) for the 2018-2023 period simultaneously and partially. This research uses quantitative methods and purposive sampling. The analysis model used is a panel data regression analysis model with Eviews 12 analysis software. The research results state that corporate social responsibility (CSR) disclosure, conservatism, earnings persistence and systematic risk have a negative and significant effect on the earnings response coefficient.
Downloads
References
Anugrah, Y. R., & Dianawati, W. (2020). Corporate social responsibility (CSR) disclosure, earnings response coefficient (ERC), and the chance to grow. Cuadernos de Economia, 43(123), 382–390. https://doi.org/10.32826/cude.v4i123.400
Aprilia, N. I., & Rahayu, S. I. (2023). The Influence of Corporate Social Responsibility (CSR) Disclosures, Accounting Conservatism, and Leverage on Earnings Response Coefficient (ERC). Research of Accounting and Governance, 1(1), 43–52. https://doi.org/10.58777/rag.v1i1.14
Awawdeh, H. Al, Al-Sakini, S. A., & Nour, M. (2020). Factors affecting earnings response coefficient in Jordan: Applied study on the Jordanian industrial companies. Investment Management and Financial Innovations, 17(2), 255–265. https://doi.org/10.21511/imfi.17(2).2020.20
Christian, K., & Ahalik. (2020). Pengaruh Income Smoothing, Konservatisme Akuntansi, dan Informasi Laba terhadap Koefisien Respon Laba. Jurnal Riset Akuntansi & Komputerisasi Akuntansi, 11(2), 288–307.
Eqqi Syahputra. (2023, November 28). Mencari Perusahaan Tambang Terbaik di Tengah Ketidakpastian. CNBC Indonesia.
Ferian, Akhyar, C., Ilham, R. N., & Subhan, M. (2023). The Effect Of Leverage, Systematic Risk, Firm Size, Growth Opportunity And Roa On Earning Response Coefficient In Pharmaceutical Companies On The Indonesia Stock Exchange. Journal of Accounting Research, Utility Finance and Digital Assets, 1(3).
Givoly, D., & Hayn, C. (2000). The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative? Journal of Accounting and Economics, 29(3), 287–320.
Handi, H., Rahmatika, N., & Fanani, B. (2022). Understanding Earnings Response Coefficient from Growth Opportunities, Earnings Persistance, and Intellectual Capital; Empirical Study from IDX-30 Indexed Companies.
Hasanah, U., & Putra, A. (2023). Pengaruh Pengungkapan Corporate Social Responsibility, Struktur Modal, Dan Risiko Sistematis Terhadap Earning Response Coeficient. In Journal Advancement Center for Finance and Accounting (Vol. 03). http://journal.jacfa.id
Immanuel, A. M., & Prabowo, S. (2021). Effect of CSR, Financial Distress, and Corporate’s Growth on Earning Response Coefficient. Jurnal ASET (Akuntansi Riset), 13(2), 362–374. https://doi.org/10.17509/jaset.v13i2.39621
Indriani, R., & Fachruzzaman. (2020). Accounting Conservatism in Indonesia. European Union Digital Library.
Kristanti, K. D., & Almilia, L. S. (2019). Factors Affecting Earnings Response Confficient (ERC) in Manufacturing Companies Listed on BEI. The Indonesian Journal of Accounting Research, 22(02). https://doi.org/10.33312/ijar.451
Prasetia, I. (2022). Metodologi Penelitian Pendekatan Teori dan Praktek (Akrim, Ed.; 1st ed.). UMSU Press.
Putri Inanto Trisnayanti, P., & Yustisia, N. (2022). Aspek-Aspek Yang Berdampak Kepada Earnings Response Coefficient.
Putri Rosalia, E., Surya Abbas, D., & Jayanih, A. (2024). Pengaruh Leverage Dan Profitabilitas Terhadap Earnings Response Coefficient. Jurnal Ekonomi Dan Keuangan, 2(1), 1–11. https://doi.org/10.61132/moneter.v1i4.96
Rahmadani, R. A., & Achyani, F. (2023). The Influence of Growth Opportunities, Earnings Persistence, Accounting Conservatism, and Capital Structure on Earnings Response Coefficient (ERC) (Empirical Study of Banking Companies Listed on the Indonesia Stock Exchange for the 2019-2021 Period). In International Journal of Latest Research in Humanities and Social Science. www.ijlrhss.com
Romys Binekasri. (2023, December 14). Ekonomi RI Ditopang Pertambangan, Erick Thohir Bilang Gini. CNBC Indonesia.
Sadjiarto, A., & Evan, N. (2023). The Influence of Corporate Social Responsibility Disclosure and Capital Structure on Earning Response Coefficient of Indonesian Mining Companies. International Journal of Organizational Behavior and Policy, 2(2), 117–126. https://doi.org/10.9744/ijobp.2.2.117-126
Sasongko, N., Kuning Puspawati, R., & Wijayanto, K. (2020). Corporate Social Responsibility (CSR), Firm Size, Profitability, and Leverage On Earnings Response Coefficient (ERC) (An Empirical Study of Manufacturing Companies Listed on the Indonesia Stock Exchange for the period of 2015-2018). Riset Akuntansi Dan Keuangan Indonesia, 21–35. http://journals.ums.ac.id/index.php/reaksi/index
Scott, W. R. (2015). Financial Accounting Theory (7th ed.). Pearson.
Simatupang, K., Sinaga, N., Hutagaol, A. D., Katharina, N., & Kalsum, U. (2022). Influence Conservatism Accounting, Company Size , Leverage, Capital Structure And Profitability Against The Earning Response Coefficient. 17(3), 2023. https://doi.org/10.22216/jit.v17i3.2432
Siregar, B. G. (2018). Analisis Pengaruh Corporate Social Responsibility (Ekonomi, Lingkungan Dan Sosial) Terhadap Earning Response Coefficient Pada Perusahaan Manufaktur Dalam Issi 2012-2016. At-Tijaroh: Jurnal Ilmu Manajemen Dan Bisnis Islam, 4(1), 96–111.
Stephanie Chandra, E., & Tundjung, H. (2020). Pengaruh Konservatisme Akuntansi, Persistensi Laba, Dan Risiko Sistematik Terhadap Earnings Response Coefficient. In Jurnal Multiparadigma Akuntansi Tarumanagara (Vol. 2, Issue 2020). www.idx.co.id
Taufiq, M., Qosim, Sitorus, J. H. E., Ermawati, N., Nanda, P., Soemarsono, Sari, N. A., Odiatma, F., Hardini, H. T., Anwar, S., Nurdin, Shara, Y., Satyawan, M. D., Budianto, R., & Hiktaop, K. (2023). Pengantar Akuntansi Manajemen (D. Fadhila, Ed.; 1st ed.). Mitra Cendekia Media.
Ticoalu, N. Y., & Panggabean, R. R. (2020). Earnings Persistence, Systematic Risk, Audit Quality, and Earnings Response Coefficient. http://conference.feb.uns.ac.id/2020www.conference.feb.uns.ac.id/2020
Utomo, E. N., Febrianto, H. G., & Fitriana, A. I. (2022). Urgensi Persistensi Laba: antara Volatilitas Arus Kas, Volatilitas Penjualan dan Ukuran Perusahaan. AKUNTABEL: Jurnal Akuntansi Dan Keuangan, 19(4), 786–794.
Waty, E., Ningrum, D. A., Setyobudi, Haryanti, C. S., Yuliandhari, W. S., & Suarni, A. (2023). BUKU AJAR TEORI AKUNTANSI. PT. Sonpedia Publishing Indonesia.
Wijaya, H., Adhitya, S., Cahyadi, H., & Salim, S. (2019). Factors Affecting Earning Response Coefficient With Profitability as Moderating Variable in Manufacturing Companies. Advances in Economics, Business and Management Research, 145, 246–256.
Wijayanti, I., Mawardi, R., & Baso Halim, A. (n.d.). The Effect of Corporate Social Responsibility Disclosure, Leverage, Firm Size, and Profitability Toward Earnings Response Coefficient. In International Journal of Innovation, Creativity and Change. www.ijicc.net (Vol. 13). www.ijicc.net
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Willy Sri Yuliandhari, Egita Nur Fadila
This work is licensed under a Creative Commons Attribution 4.0 International License.
