FAKTOR-FAKTOR YANG MEMPENGARUHI EARNINGS PERSISTENCE PADA PERUSAHAAN BASIC MATERIAL
Article Sidebar
Read Counter : 1
Download : 1
Main Article Content
Abstract
The purpose of this study was to find out whether factors such as cash flow volatility, company size, and accrual reliability affect earnings persistence with the research subject being the basic ingredients of sector companies listed on the Indonesia Stock Exchange (IDX) during 2018-2020. The sampling technique used was purposive sampling so that the number of sample data obtained was 108 (after outliers). Data processing uses multiple linear regression analysis techniques with the data processing tool used, namely SPSS 25.0. The results showed that the cash flow volatility variable has a significant effect on earnings persistence, while the firm size and accrual reliability variables have no significant effect on earnings persistence. The implication of this research is that the volatility of cash flows indicates a good use of cash resources and maximum effort in maintaining profit stability due to fluctuations in cash flows in order to maintain stakeholder confidence.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.
References
Abousamak, A. (2018). The Effect of Earning Persistence and Components of Earning on the Predictability of Earning: Evidence from an Emerging Market. International Journal Economics and Business Research, 16(3), 405-420.
Andi, D., & Setiawan, M. A. (2019). Pengaruh Volatilitas Arus Kas, Volatilitas Penjualan, dan Perbedaan Laba Akuntansi dengan Laba Fiskal terhadap Persistensi Laba. Jurnal Eksplorasi Akuntansi, 2(1), 2129-2141. DOI: https://doi.org/10.24036/jea.v2i1.203
Brigham, E. F., & Houston, J. F. (2019). Fundamentals of Financial Management. US of America: Cengage.
Camille, E. I., & Effriyanti. (2020). Pengaruh Book Tax Differences dan Volatilitas Arus Kas terhadap Persistensi Laba. EkoPreneur, 2(1), 28-44.
Dang, H. N., Nguyen, T. T., & Tran, D. M. (2020). The Impact of Earnings Quality on Firm Value: The Case of Vietnam. Journal of Asian Finance, Economics and Business, 7(3), 63-72.
Dayanti, K. A., Yoga, I. A., & Rini, G. A. (2021). The Effect of Accrual Reliability, Debt Level and Cash Flow Volatility on Earnings Persistence. International Journal of Environmental, Sustainability, and Social Sciences, 2(1), 7-10. DOI: https://doi.org/10.38142/ijesss.v2i1.56
Djaali. (2020). Metodologi Penelitian Kuantitatif. Jakarta, Indonesia: PT Bumi Aksara.
Douglas, Ulupui, I. K., & Nasution, H. (2020). The Influence of Operating Cycle, Cash Flow Volatility, and Audit Fee on Earnings Persistence (The Indonesian Cases). Sriwijaya International Journal of Dynamic Economics and Business, 4(1), 1-20. DOI: https://doi.org/10.29259/sijdeb.v4i1.1-20
Duli, N. (2019). Metodologi Penelitian Kuantitatif: Beberapa Konsep Dasar untuk Penulisan Skripsi & Analisis Data dengan SPSS. Yogyakarta: Deepublish.
Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25. Semarang: Badan Penerbit Universitas Diponegoro.
Ghozali, I., & Ratmono, D. (2020). Analisis Multivariat dan Ekonometrika. Semarang: Badan Penerbit Universitas Diponegoro.
Gunawan, A. S., Icih, & Putri, T. E. (2020). Determinants of Earning Persistence. Accounting Research Journal of Sutaatmadja, 4(1), 104-119.
DOI: https://doi.org/10.35310/accruals.v4i01.410
Hartanto, E., & Hastuti, R. T. (2021). Faktor-Faktor yang Mempengaruhi Persistensi Laba Perusahaan Manufaktur yang terdaftar di BEI. Jurnal Multiparadigma Akuntansi, 3(1), 322-330.
Hartono, J. (2017). Teori Portofolio dan Analisis Investasi ed.11. Yogyakarta: BPFE.
Hastutiningtyas, P. D., & Wuryani, E. (2019). Pengaruh Volatilitas Arus Kas dan Kepemilikan Manajerial terhadap Persistensi Laba. Jurnal Akuntansi Unesa, 7(3), 1-11.
Hidayat, I., & Fauziyah, S. (2020). Pengaruh Book Tax Differences, Arus Kas Operasi, Tingkat Hutang dan Ukuran Perusahaan terhadap Persistensi Laba. Competitive Jurnal Akuntansi dan Keuangan, 4(1), 66-79. DOI: http://dx.doi.org/10.31000/c.v4i1.2324
Humayah, S., & Martini, T. (2021). Urgensi Persistensi Laba: Antara Volatilitas Penjualan, Arus Kas Operasi, Tingkat Utang, dan Ukuran Perusahaan pada Perusahaan Manufaktur Sektor Barang dan Konsumsi yang terdaftar di ISSI Periode 2016-2019. Jurnal Akuntansi Syariah, 4(1), 107-123. DOI: http://dx.doi.org/10.21043/aktsar.v4i1.10601
Ikatan Akuntan Indonesia (2020). Pernyataan Standar Akuntansi Keuangan No 1
Indriani, M., & Napitupulu, H. W. (2020). Pengaruh Arus Kas Operasi, Tingkat Utang, dan Ukuran Perusahaan terhadap Persistensi Laba. Jurnal Akuntansi & Perpajakan, 1(2), 138-150. DOI: https://doi.org/10.53825/japjayakarta.v1i2.30
Jensen, M. C., & Smith, C. W. (1984). The Theory of Corporate Finance: A Historical Overview. 1-29.
Jensen, M. J., & Meckling, W. H. (1976). Theory of Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 1-76.
Luckieta, M., Amran, A., & Alamsyah, D. P. (2021). Pengaruh DAR dan Ukuran Perusahaan terhadap ROA Perusahaan yang terdaftar di LQ45 pada BEI. Jurnal Ekonomi & Manajemen Universitas Bina Sarana Informatika, 19(1), 17-23.
DOI: https://doi.org/10.31294/jp.v19i1.9235
Maqfiroh, C. S., & Kusmuriyanto. (2018). The Influence of Book Tax Differences, Operating Cash Flow, Leverage, and Firm Size towards Earnings Persistence. Accounting Analysis Journal, 7(3), 151-158. DOI: https://doi.org/10.15294/aaj.v7i3.19468
Melastiani, N. P., & Sukartha, I. M. (2021). The Effect of Cash Flow Volatility, Sales Volatility, and the Operating Cycle on Earnings Persistence. American Journal of Humanities and Social Sciences Research, 5(4), 288-296.
Olivia, E., & Viriany. (2021). Pengaruh Akrual, Arus Kas Operasi, Leverage, dan Ukuran Perusahaan terhadap Persistensi Laba. Jurnal Multiparadigma Akuntansi, 3(4), 1379-1387.
Pirveli, E. (2020). Earnings Persistence and Predictability within the Emerging Ecomony of Georgia. Journal of Financial Reporting and Accounting, 18(3), 563-589. DOI: 10.1108/JFRA-03-2019-0043
Sa'adah, D., Nurhayati, & Fadilah, D. S. (2017). Pengaruh Volatilitas Arus Kas, Besaran Akrual, dan Tingkat Hutang terhadap Persistensi Laba. Prosiding Akuntansi, 2(1), 136-147. DOI: http://dx.doi.org/10.29313/.v0i0.8325
Sabila, R. F., Evana, E., & Septiyanti, R. (2021). Analysis of the Effect of Operating Cash Flow, Leverage, and Firm Size on Earnings Persistence. Journal Dimensie Management and Public Sector, 2(3), 42-50. DOI: https://doi.org/10.48173/jdmps.v2i3.104
Santoso, S. (2019). Menguasai Statistik dengan SPSS 25. Jakarta: PT Elex Media Komputindo.
Saptiani, A. D., & Fakhroni, Z. (2020). Pengaruh Volatilitas Penjualan, Volatilitas Arus Kas Operasi, dan Hutang terhadap Persistensi Laba. Jurnal Akuntansi Riset, 12(1), 201-211. DOI: https://doi.org/10.17509/jaset.v12i1.23570
Sekaran, U., & Bougie, R. (2019). Research Methods for Business. Italy: Wiley.
Sevendy, T., Suyono, & Yani, F. (2022). The Effect of Cash Flow Volatility, Sales Volatility, Leverage, Operating Cycle, and Firm Size on Earnings Persistence in Manufactured Companies Listed on the Indonesian Stock Exchange. International Conference on Business & Social Sciences, 1(1), 608-622.
Shao, M., & Wang, Y. (2018). A Review on Agency Cost in China. Open Journal of Business and Management, 6(1), 225-233. DOI: 10.4236/ojbm.2018.62016
Spence, M. (1973). Job Market Signaling. The Quarterly Journal of Economics, 87(3), 355-374.
Sudiyatno, B., Puspitasari, E., Suwarti, T., & Asyif, M. M. (2020). Determinants of Firm Value and Profitability: Evidence from Indonesia. Journal of Asian Financem Economics and Business, 7(11), 769-778.
Sugiyono. (2019). Metode Penelitian Kuantitatif Kualitatif dan R&D. Bandung: CV ALFABETA.
Sutisna, H., & Ekawati, E. (2017). Accruals and Cash Flow Volatility of the Earnings Persistence. International Journal of Economic Perspectives, 11(1), 1558-1570.
Weygandt, J. J., Kimmel, P. D., & Mitchell, J. E. (2020). Accounting Principles Fourteenth Edition. America: Wiley
Wisudawati, B., & Achyani, F. (2022). The Effect of Audit Fee, Good Corporate Governance, Managerial Ownership, Debt Level, Operational Cash Flow Volatility and Firm Size on Earnings Persistence. The International Journal of Business Management and Technology, 6(4), 79-91. www.idx.co.id
Yimenu, K. A., & Surur, S. A. (2019). Earning Management: From Agency and Signalling Theory Perspective in Ethiopia. Journal of Economics, Management and Trade, 24(6), 1-12 DOI: http://dx.doi.org/10.25105/jipak.v16i2.8605