RELEVANSI PENGUNGKAPAN TRANSAKSI PIHAK BERELASI. APAKAH PASAR MEMBERIKAN RESPON?

Dian Yuni Anggraeni

Abstract


Information is the result of a number of data processing. The relevance of information related to the usefulness of the information to support decision-making. One of the information in the financial statements which are popular is the information about transactions with related parties. This information is important because it can be used as a tool for management to report its best performance, which in fact is not (earnings management - opportunistic).

 

This study sought to provide empirical evidence about the relevance of the extent of disclosure of related party transactions. Relevance proxies at the company's stock price. The results indicate that the related party transaction information which is proxied by the extent of disclosure of compensation of key management and reported presence of sales and purchases with related parties is relevant to the market

 

Keywords: disclosure, related parties transaction, relevance.

Full Text:

PDF

References


Akmyga, Stalsa Frani and Farahmita, Aria. (2013), “Pengaruh Struktur Corporate Governance terhadap Luas Pengungkapan Kompensasi Manajemen Kunci di Laporan Keuangan,” Simposium Nasional Akuntansi XVI.

Ball, Brown. (1968), “An Empirical Evaluation of Accounting Income Number,” Jurnal of Accounting Research, Autumn. 159-177.

Barth, Mary E., et al. (2001), “The Relevance of the Value Relevance Literature for Financial Accounting Standard Setting: Another Review,” Journal of Accounting and Economics. Vol. 31.77-104.

Barth, Mary E. (2003), “Discussion of ‘Compensation Policy and Discretionary Disclosure,’” Journal of Accounting and Economics.Vol. 34.311-318.

Bartov, Eli. (1993), “The Timing of Asset Sales and Earning Manipulation,” The Accounting Review.Vol 68.No. 4.840-855.

Conyon, M. J., and He, L. (2001), “Executive Compensation and Corporate Governance in China,” Journal of Corporate Governance.Vol.17.1158-1175.

Ge, Wenxia, et al. (2010), “Value Relevance of Disclosed Related Party Transactions,” Advances in Accounting, Incorporating Advances in International Accounting. Vol. 26.134-141.

Gordon, E. A. and Henry, E. (2005), “Related Party Transaction and Earning Management,” Working Paper: Rutgers University and University of Miami.

Healy, P. M. and Palepu, K. G. (2001), “Information Asymmetry, Corporate Disclosure, and the Capital Markets: A Review of the Empirical Disclosure Literature,” Journal of Accounting and Economics. Vol. 31. No. 1-3. 405-440.

Ikatan Akuntan Indonesia, (2010), PSAK No. 7. Pengungkapan Pihak Berelasi. Jakarta.

Jensen, Michael C. dan Meckling, William H. (1976), “Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure,” Journal of Financial Economics. Vol. 3. No. 4. 305-360.

Kusuma, Hadri. (2006), “Dampak Manajemen Laba terhadap Relevansi Informasi Akuntansi: Bukti Empiris dari Indonesia,” Jurnal Akuntansi dan Keuangan. Vol. 8.1-12.

Kohlbeck, Mark and Mayhew, Brian W. (2010), “Valuation of Firm that Disclose Related Party Transactions,” Journal of Accounting and Public Policy. Vol. 29.115-137.

McVay, S. E. (2006), “Earning Management Using Classification Shifting: An Examination of Core Earning and Special Items,” The Accounting Review. Vol. 81.No. 3.501-531.

Puspitaningtyas, Zarah. (2012), “Relevansi Nilai Informasi Akuntansi dan Manfaatnya bagi Investor,” Ekuitas: Jurnal Ekonomi dan Keuangan. Vol. 16.164-183.

Pozzoli, Matteo and Venuti, Marco. (2014), “Related Party Transactions and Financial Performance: Is There a Correlation? Empirical Evidence from Italian Listed Companies,” Open Journal of Accounting. Vol 3.28-37.

Sun, Bo. (2014), “Executive Compensation and Earning Management under Moral Hazard,” Journal of Economic Dynamics and Control.Vol 41.276-290.

Utama, Sidharta, et al. (2010), “Related Party Transaction-Efficient or Abusive: Indonesia Evidence,” Asia Pasific Journal of Accounting and Finance. Vol 1.77-102.

CHALANDAR, M. E., DARVISH, P. & RAHMANI, A. M. A centralized cookie-based single sign-on in distributed systems. Information and Communications Technology, 2007. ICICT 2007. ITI 5th International Conference on, 16-18 Dec. 2007 2007. 163-165.

JIUN-HAU, L., SHIRLY, L., IVY, O., HOON-JAE, L. & HYOTAEK, L. One-Time Knocking framework using SPA and IPsec. 2010 2nd International Conference on Education Technology and Computer, 22-24 June 2010 2010. V5-209-V5-213.




DOI: https://doi.org/10.33365/tb.v1i1.203

Refbacks

  • There are currently no refbacks.



TECHNOBIZ: International Journal of Business
Published by Universitas Teknokrat Indonesia
Organized by Fakultas Ekonomi dan Bisnis, Universitas Teknokrat Indonesia
W: http://ejurnal.teknokrat.ac.id/index.php/technobiz
E : technobiz@teknokrat.ac.id.
Jl. Zainal Abidin Pagaralam, No.9-11, Labuhan Ratu, Bandarlampung