INTERNATIONAL PUBLICATIONS

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Browsing INTERNATIONAL PUBLICATIONS by Subject "Accounting information"

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    THE INFLUENCE OF ACCOUNTING INFORMATIONAL RELEVANCE TOWARDS THE SENSITIVITY OF EFFICIENT CAPITAL INVESTMENT
    (International Accouting Conference, Accounting Departement, Faculty of Economic Universitas Negeri Surabaya,, 2011-11-24) Sherlita, Erly
    Prior research shows that accounting information quality is positively related to investment efficiency. The purpose of this paper is to study the relationship between accounting information quality and investment efficiency in Indonesia. Based on Dechow and Dichev’s (2002) earnings quality measure, I expect that the investment efficiency is stronger when firms have higher earnings quality. Research conducted on 90 listed manufactured companies in Indonesia Stock Exchange, selected through purposive sampling technique that is consistent with the criteria listed there since 2006 until 2010, and also has a comprehensive financial reporting data. The evidence is consistent with the hypothesis that high accounting quality provides more investment efficiency.
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    THE RELEVANCE OF ACCOUNTING INFORMATION IN BOND MARKET
    (De la Salle Lipa Philipines + Universitas Widyatama Bandung, 2011-04-27) Sherlita, Erly
    Previous empirical research on accounting information has focused on stock market, and has not examined for bond market. The accounting information should differ for stockholders and bondholders. This paper investigates the role of accounting quality in improving bond liquidity. High accounting quality not only reduces information asymmetry, but also decreases overall uncertainty in the market, thereby improving liquidity. The objective of this study is to examine the role of accounting quality in the bond market, and the results highlight the importance of information quality in improving liquidity. I use earnings quality as accounting quality’s measurement. The result showed that accounting information had influence in bond market Keywords: Accounting information, accounting quality, bond liquidity