Information Asymmetry and Accounting Conservatism: Does Analyst Coverage Moderate the Results?

• Autorzy: Atik Isniawati , Rahmawati Rahmawati , Ardi Gunardi
• Języki publikacji: EN

Abstrakty

EN

This study aims to examine the effect of information asymmetry on accounting conservatism moderated by analyst coverage. Net assets are measured to determine accounting conservatism. Information asymmetry is measured with the bid-ask spread, whereas analyst coverage is calculated using a proxy of analyst following. The sample in this research consists of manufacturing companies listed on the Indonesia Stock Exchange from 2010 to 2014. Data are gathered using purposive random sampling method, and the financial statement reports of 124 companies are selected. Regression test results are consistent with the hypothesis, that is, a positive correlation exists between information asymmetry and accounting conservatism. Additional evidence shows that the level of analyst coverage affects the relationship between information asymmetry and accounting conservatism. A high level of analyst coverage reduces the level of information asymmetry and decreases that of conservatism in financial statements. (original abstract)

Słowa kluczowe

EN

Bookkeeping; Information asymmetry; Financial statements

PL

Księgowość; Asymetria informacji; Sprawozdanie finansowe

• Czasopismo: Journal of International Studies
• Rocznik: 2018
• Tom: 11
• Numer: nr 3
• Strony: 176--190

Twórcy

autor

Atik Isniawati

• Universitas Darma Persada, Indonesia

autor

Rahmawati Rahmawati

• Universitas Sebelas Maret, Indonesia

autor

Ardi Gunardi

• Universitas Pasundan, Indonesia

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Identyfikatory

DOI

10.14254/2071-8330.2018/11-3/15