RELEVANSI NILAI INFORMASI AKUNTANSI PADA MASA KONVERGENSI IFRS DAN SETELAH KONVERGENSI IFRS TAHAP I DI INDONESIA (Studi Empiris Pada Perusahaan Industri Keuangan yang Terdaftar di Bursa Efek Indonesia Tahun 2009-2014)

Abstract

This study is aimed at testing whether there is an increase in the value relevance of accounting information after the convergence of IFRS in Indonesia. The value relevance of accounting information in measuring the influence of the value of earnings per share and book value per share to stock price. The population of this study is the financial industry companies listed in Indonesian Stock Exchange (IDX) in the period 2009-2014. The sample consist of 46 companies in 2009-2011 and 46 companies in 2012-2014. Purposive sampling method is used. This study uses multiple linear regression to analyze the data using the price model and Chow test analysis. The result of this study showed that there was an increase inthe value relevance of accounting information after convergence of IFRS stage I in Indonesia. Keywords:Value Relevance of Accounting Information,The convergence of IFRS, Price model, Chow test