FAKTOR-FAKTOR YANG MEMPENGARUHI KEMUNGKINAN PERUSAHAAN MEMILIH METODE NILAI WAJAR UNTUK PROPERTI INVESTASI

Abstract

This study aims to examine the factors that affect the likelihood companies choose the method of fair value for investment properties. Factors in this research consisted of debt levels, the size of the company, information asymmetry and companies in the property industry (control variables).

The population of this research is company publicly traded listed on the Stock Exchange 2010-2015 period. The sample selectionusing purposive sampling, the type of data used is secondary data obtained from the official website of the Stock Exchange. The hypothesis was tested using a binomial logit regression models.

The results of this study indicate that the level of debt significantly influence the possibility of the selection method for the fair value of investment property. This suggests that the high or low levels of debt may affect the selection of the fair value method. While the size of the company, information asymmetry and companies in the property industry did not significantly affect the possibility of the selection method for the fair value of investment property. This suggests that the high or low of company size, and enterprise information asymmetry entry in the property industry has no impact on the possibility of the selection method for the fair value of investment property.

Keywords:  fair value method, the level of debt, company size, information asymmetries, companies in the industrial property, and investment properties.