ASIMETRI INFORMASI SEBAGAI PEMODERASI PENGARUH PENERAPAN INTEGRATED REPORTING TERHADAP STOCK RETURN
DOI:
https://doi.org/10.22219/jaa.v4i1.14973Keywords:
Application of Integrated Reporting, Stock Returns, and Information AsymmetryAbstract
This research aims to find empirical evidence about the Effect of the Application of Integrated Reporting on Stock Returns and whether Information Asymmetry can strengthen or weaken the Effect of the Application of Integrated Reporting on Stock Returns. This research was conducted on financial sector companies that are listed on the Indonesia Stock Exchange in 2019. The research samples were 74 companies; and the data collected were data on the application of Integrated Reporting, data of the Stock Returns, and data of Information Asymmetry. The data collection technique was conducted by using the documentation method, whole the data analysis technique was conducted by a simple regression test, followed by MRA (Moderating Regression Analysis) and hypothesis testing using the t test (partial test). Based on the results of hypothesis testing, it can be concluded that the Application of Integrated Reporting has no effect on Stock Returns, and Information Asymmetry can strengthen the relationship between the Application of Integrated Reporting and Stock Returns.
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