Oktavia, Reni and Voltalina, Meyka (2008) DAMPAK EMISI OBLIGASI TERHADAP KINERJA KEUANGAN PERUSAHAAN. Jurnal Akuntansi dan Keuangan, 13 (2). pp. 203-218. ISSN 1410-1831

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Abstract

Emission bonds is one way in which to obtain funding sources. Bonds for the company is one of the alternative funding relatively cheaper compared bank loans or bank loans. Investors in the bonds can not affect the company's activities. However, purchases of bonds has limited the company's financial condition must be in satisfactory condition to provide security for bondholders. Issuance of bonds by the company will affect net profit in the income statement, especially when the company made interest payments of bonds. Bond interest will be recorded as interest expense is automatically lowered net profit in the period. Issuance of bonds by the company will affect net profit in the income statement, especially when the company made interest payments of bonds. Bond interest will be recorded as interest expense is automatically lowered net profit in the period. This study aims to provide empirical evidence whether there are differences in manufacturing the company's financial performance before and after the emission of bonds as measured by the method of Economic Value Added. Hypothesis in this study is that there is a difference whether or not the company's financial performance before and after the emission of bonds. The hypothesis was tested with Wilcoxon Signed Rank Test through software SPSS.versi 15 with 95% confidence level. The sample used in this study is that manufacturing companies have to go public in Indonesia Stock Exchange on December 31, 2007 and to the emission of bonds between the years 1999-2006. EVA value of test results the company for a period of one year before and one year after the emission of bonds indicates that significant value can be concluded that there are differences in financial performance among manufacturing companies before and after the emission of bonds.

Item Type: Article
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Prodi Akuntansi
Depositing User: Reni Reni Oktavia
Date Deposited: 12 Mar 2020 04:29
Last Modified: 12 Mar 2020 04:29
URI: http://repository.lppm.unila.ac.id/id/eprint/18602

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