Evana, Einde (2009) ANALISIS HUBUNGAN INVESTMENT OPPORTUNITY SET (IOS) BERDASARKAN NILAI PASAR DAN NILAI BUKU DENGAN REALISASI PERTUMBUHAN. Jurnal Akuntansi dan Keuangan, 14 (2). pp. 167-198. ISSN 1410-1831

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Abstract

he goal of this research is to prove empirically connection between IOS (Investment Opportunity Set) and growth realization. IOS proxy that is used in this research is proxy based on value that is market to book value of equity (MVEBVE). To prove IOS proxy validation, we earlier prove empirically that is significantly different between market value and book value. The selection of samples is done by purposive judgment sampling method. This sample researches are 53 companies from 148 manufacture companies which are registered in Indonesian Stock Exchange. The researcher use paired sample t-test as analytical test to try the first hypothesis. Whereas to 2nd, 3rd, 4th and 5th IOS’ are correlated with growth realization by use one-tailed percent correlation. Growth realization of company is proxies by growth of assets, equity, sales and earnings. The result of paired-sample t-test shows that there is significantly different between market value and book value so that proportion ratio of market value and book value can be used as IOS proxy that valid enough. Whereas the test result use one-tailed pearson correlation with significant rate (ά) : 1% shows that there is significant positive correlation between IOS and assets growth realization, equity and selling. For IOS correlation and earning growth realization there is positive correlation but not significant. It is maybe caused by earning assignment sample’s company for dividend is bigger than earning assignment for retained earning.

Item Type: Article
Subjects: H Social Sciences > HG Finance
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Prodi Akuntansi
Depositing User: Dr. Einde Evana
Date Deposited: 17 Jun 2020 06:09
Last Modified: 17 Jun 2020 06:09
URI: http://repository.lppm.unila.ac.id/id/eprint/22535

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