Relevansi Nilai Laba, Nilai Buku, Dan Cadangan Kerugian Penurunan Nilai Setelah Penerapan Standar Akuntansi Atas Instrumen Keuangan Pada Perusahaan Institusi Keuangan Di BEI Tahun 2020-2022
Keywords:
Relevansi nilai, laba, nilai buku, cadangan kerugian penurunan nilai
Abstract
Konsep relevansi nilai merupakan suatu hal yang perlu diperhatikan, relevansi nilai adalah kemampuan angka-angka akuntansi dalam merangkum informasi yang mendasari harga saham sehingga relevansi nilai dapat diartikan sebagai hubungan statistikal antara informasi akuntansi dengan laporan keuangan. Penerapan PSAK 71 mengubah aturan mengenai cadangan kerugian penurunan nilai yang disajikan oleh laporan keuangan sejak awal terjadinya kredit, dan akan mempengaruhi modal perusahaan institusi keuangan. Terdapat 3 teori yang mendasari penelitian ini antara lain teori clean surplus, teori efesiensi pasar, dan teori signal. Berdasarkan metode purposive sampling diperoleh sebanyak 69 perusahaan dengan sampel sebanyak 207 data penelitian. Teknik analisis yang digunakan adalah uji pooling, uji asumsi klasik, uji t, uji F, dan uji koefisien determinasi dengan menggunakan alat bantu SPSS 26. Hasil penelitian ini menunjukkan bahwa laba, dan nilai buku terbukti memiliki relevansi nilai, dan penerapan variabel cadangan kerugian penurunan nilai terbukti memiliki pengaruh negatif terhadap harga saham.
References
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Barth, M. E., Beaver, W. H., & Landsman, W. R. (2001). The relevance of the value relevance literature for financial accounting standard setting: Another view. Journal of Accounting and Economics, 31(1–3), 77–104. https://doi.org/10.1016/S0165-4101(01)00019-2
Beaver, W. H. (1989). Financial Reporting An Accounting Revolution (3rd ed.). Pine Tree Composition, Inc.
Bhatia, M., & Mulenga, M. J. (2019). Value Relevance of Accounting Information: A Review of Empirical Evidence Across Continents. Jindal Journal of Business Research, 8(2), 179–193. https://doi.org/10.1177/2278682118823307
Cooper, R. ., & Schindler, P. (2014). Business research method. New York: McGraw-Hill.
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Dewi, N. S., & Suwarno, A. E. (2022). PENGARUH ROA, ROE, EPS DAN DER TERHADAP HARGA SAHAM PERUSAHAAN (Studi Empiris pada Perusahaan LQ45 yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2020). Seminar Nasional Pariwisata Dan Kewirausahaan (SNPK), 1, 472–482. https://doi.org/10.36441/snpk.vol1.2022.77
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Firmansyah, A., Kurniawati, L., Miftah, D., & Winarto, T. (2023). Value relevance of IFRS 9 adoption: A case study of Indonesian banking companies. Journal of Accounting and Investment, 24(2), 502–518. https://doi.org/10.18196/jai.v24i2.17574
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Ghozali, I. (2021). Aplikasi analisis multivariete:dengan program IBM SPSS 26 (10e ed.). Badan Penerbit Univesitas Diponegoro.
Holthausen, R. W., & Watts, R. L. (2001). The relevance of the value-relevance literature for financial accounting standard setting. Journal of Accounting and Economics, 31(1–3), 3–75. https://doi.org/10.1016/S0165-4101(01)00029-5
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Ikatan Akuntan Indonesia (IAI). (2021). PSAK 48 Penurunan Nilai Aset (D. IAI (ed.)).
Intan Kurniati, & Aria Aji Priyanto. (2022). Pengaruh Earning Per Share (EPS) dan Book Value Per Share (BVPS) Terhadap Harga Saham PT Telekomunikasi Indonesia TBK Periode 2012-2021. Formosa Journal of Sustainable Research, 1(3), 425–440. https://doi.org/10.55927/fjsr.v1i3.910
James A. Ohlson. (1995). Earnings, Book Values, and Dividends in Equity Valuation. Contemporary Accounting Research, 11(2), 661–687.
Mufidah, E. (2017). Analisis Laba, Arus Kas Operasi Dan Nilai Buku Ekuitas Terhadap Harga Saham. Jurnal Ilmiah Mahasiswa FEB Vol 2, No 2, 12(1), 47–62.
Nurlita, E., Yunita, Y., & Robiyanto, R. (2018). Pengaruh Current Ratio , DER , NPM , Dan Ukuran Perusahaan Yang Terdaftar Di Jakarta Islamic Index. Prosiding Sendi_U 2018, 616–623.
Ohlson, J. (1995). Earnings, book-values, and dividends in equity valuation. Contemporary Accounting Research, 11(2), 661–687. https://doi.org/10.1111/j.1911-3846.1995.tb00461.x
Putranto, A. D., & Darmawan, A. (2018). Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, Dan Nilai Pasar Terhadap Harga Saham (Studi Kasus pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2010-2016). Jurnal Administrasi Bisnis (JAB), 56(1), 110–117.
Rahayu, D. (2021). Analisis Implementasi Psak 71 Terhadap Cadangan Kerugian Penurunan Nilai. Jurnal Akuntansi Integratif, 7(1), 13–25.
Rahmadewi, P. W., & Abundanti, N. (2018). Pengaruh Eps, Per, Cr Dan Roe Terhadap Harga Saham Di Bursa Efek Indonesia. E-Jurnal Manajemen Universitas Udayana, 7(4), 2106. https://doi.org/10.24843/ejmunud.2018.v07.i04.p14
Rizal, A. P., & Shauki, E. R. (2019). Motive and Obstacles in Making a Decision As Early Adopters of Psak No. 71 for Impairment Provision of Loans (Study Case in Indonesia Banking Industry). AFEBI Accounting Review, 3(02), 79. https://doi.org/10.47312/aar.v3i02.191
Sari, R. (2021). Analysis of the Effect of Earnings per share, Price earning ratio and Price to book value on the stock prices of state-owned enterprises. Golden Ratio of Finance Management, 1(1), 25–32. https://doi.org/10.52970/grfm.v1i1.117
Scott, W. (2015). Financial Accounting Theory (7th ed.).
Sitompul, J., Irawati, N., & Muluk, C. (2022). Pengaruh Earning per Share, Arus Kas Operasi, dan Nilai Buku Ekuitas terhadap Harga Saham dengan Profitabilitas sebagai Variabel Moderasi pada Perusahaan Index LQ45 yang terdaftar di BEI. Owner, 6(4), 4301–4314. https://doi.org/10.33395/owner.v6i4.1577
Suwardjono. (2014). Teori Akuntansi (Perekayasaan Pelaporan Keuangan) Edisi Ketiga. Yogyakarta: BPFE..
Taruna, A. A., & Harun, C. A. (2017). Micro risk assessment dalam estimasi risiko kredit perbankan. Working Paper Bank Indonesia, 1–31. http://publication-bi.org/repec/idn/wpaper/WP032017.pdf
Wheeler, P. B. (2021). Unrecognized Expected Credit Losses and Bank Share Prices. Journal of Accounting Research, 59(3), 805–866. https://doi.org/10.1111/1475-679X.12353
william R. Scott, P. C. O. (2020). Financial Accouting Theory (8th ed.). Pearson.
Yulianni, Y., & Suhartono, S. (2020). Relevansi Nilai Laba, Nilai Buku Ekuitas, Arus Kas Operasi Dan Dividen. Jurnal Akuntansi, 8(2). https://doi.org/10.46806/ja.v8i2.618
Apete, Collins, Udeh, F. N., & Ezekwesili, T. P. (2022). Value Relevance of Accounting Information and Share Price of Listed Manufacturing Companies in Nigeria. Research Journal of Management Practice |, 2(1), 2782–7674. www.ijaar.orgwww.ijaar.org
Astuti, P., Sari, Y. L., & Reny, A. (2018). Analisis Pengaruh Return On Equity, Earning Per Share, Price To Book Value, Book Value Per Share, Price Earning Ratio dan Kepemilikan Institusional Terhadap Harga Saham Perusahaan. Jurnal Ekonomi Universitas Borobudur, 20(2), 170–183.
Ball, R., & Brown, P. (1968). An Empirical of Accounting Income Numbers. Journal of Accounting Research, 6(2), 159–178. https://www.jstor.org/stable/2490232
Barth, M. E., Beaver, W. H., & Landsman, W. R. (2001). The relevance of the value relevance literature for financial accounting standard setting: Another view. Journal of Accounting and Economics, 31(1–3), 77–104. https://doi.org/10.1016/S0165-4101(01)00019-2
Beaver, W. H. (1989). Financial Reporting An Accounting Revolution (3rd ed.). Pine Tree Composition, Inc.
Bhatia, M., & Mulenga, M. J. (2019). Value Relevance of Accounting Information: A Review of Empirical Evidence Across Continents. Jindal Journal of Business Research, 8(2), 179–193. https://doi.org/10.1177/2278682118823307
Cooper, R. ., & Schindler, P. (2014). Business research method. New York: McGraw-Hill.
Devi, S., Wigarba, I. G. A., Herawati, N. T., & Yasa, I. N. P. (2021). A comparison between PSAK 71 and PSAK 55 in the banking industry. Jurnal Ekonomi Dan Bisnis, 24(1), 173–188. https://doi.org/10.24914/jeb.v24i1.4382
Dewi, N. S., & Suwarno, A. E. (2022). PENGARUH ROA, ROE, EPS DAN DER TERHADAP HARGA SAHAM PERUSAHAAN (Studi Empiris pada Perusahaan LQ45 yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2020). Seminar Nasional Pariwisata Dan Kewirausahaan (SNPK), 1, 472–482. https://doi.org/10.36441/snpk.vol1.2022.77
Donald E. Kieso, Jerry J. Weygandt, T. D. W. (2022). Intermediate Accounting (18th ed.). wiley.
Fama, E. F. (2009). American Finance Association Efficient Capital Markets : A Review of Theory and Empirical Work. 25(2), 28–30.
Firmansyah, A., Kurniawati, L., Miftah, D., & Winarto, T. (2023). Value relevance of IFRS 9 adoption: A case study of Indonesian banking companies. Journal of Accounting and Investment, 24(2), 502–518. https://doi.org/10.18196/jai.v24i2.17574
Firmansyah, A., & Nizar Arifullah, M. (2021). Pencadangan Piutang Pada Perusahaan Sub Sektor Perbankan Di Indonesia: Dampak Penerapan Psak 71. CURRENT: Jurnal Kajian Akuntansi Dan Bisnis Terkini, 2(1), 122–142. https://doi.org/10.31258/jc.2.1.122-142
Francis, J., & Schipper, K. (1999). Have Financial Statements Lost Their Relevance? Journal of Accounting Research, 37(2), 319–352. https://doi.org/10.2307/2491412
Ghozali, I. (2021). Aplikasi analisis multivariete:dengan program IBM SPSS 26 (10e ed.). Badan Penerbit Univesitas Diponegoro.
Holthausen, R. W., & Watts, R. L. (2001). The relevance of the value-relevance literature for financial accounting standard setting. Journal of Accounting and Economics, 31(1–3), 3–75. https://doi.org/10.1016/S0165-4101(01)00029-5
IBM. (2012). IBM SPSS Advanced Statistics 23. Ibm, 184. https://doi.org/10.1080/02331889108802322
Ikatan Akuntan Indonesia (IAI). (2021). PSAK 48 Penurunan Nilai Aset (D. IAI (ed.)).
Intan Kurniati, & Aria Aji Priyanto. (2022). Pengaruh Earning Per Share (EPS) dan Book Value Per Share (BVPS) Terhadap Harga Saham PT Telekomunikasi Indonesia TBK Periode 2012-2021. Formosa Journal of Sustainable Research, 1(3), 425–440. https://doi.org/10.55927/fjsr.v1i3.910
James A. Ohlson. (1995). Earnings, Book Values, and Dividends in Equity Valuation. Contemporary Accounting Research, 11(2), 661–687.
Mufidah, E. (2017). Analisis Laba, Arus Kas Operasi Dan Nilai Buku Ekuitas Terhadap Harga Saham. Jurnal Ilmiah Mahasiswa FEB Vol 2, No 2, 12(1), 47–62.
Nurlita, E., Yunita, Y., & Robiyanto, R. (2018). Pengaruh Current Ratio , DER , NPM , Dan Ukuran Perusahaan Yang Terdaftar Di Jakarta Islamic Index. Prosiding Sendi_U 2018, 616–623.
Ohlson, J. (1995). Earnings, book-values, and dividends in equity valuation. Contemporary Accounting Research, 11(2), 661–687. https://doi.org/10.1111/j.1911-3846.1995.tb00461.x
Putranto, A. D., & Darmawan, A. (2018). Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, Dan Nilai Pasar Terhadap Harga Saham (Studi Kasus pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2010-2016). Jurnal Administrasi Bisnis (JAB), 56(1), 110–117.
Rahayu, D. (2021). Analisis Implementasi Psak 71 Terhadap Cadangan Kerugian Penurunan Nilai. Jurnal Akuntansi Integratif, 7(1), 13–25.
Rahmadewi, P. W., & Abundanti, N. (2018). Pengaruh Eps, Per, Cr Dan Roe Terhadap Harga Saham Di Bursa Efek Indonesia. E-Jurnal Manajemen Universitas Udayana, 7(4), 2106. https://doi.org/10.24843/ejmunud.2018.v07.i04.p14
Rizal, A. P., & Shauki, E. R. (2019). Motive and Obstacles in Making a Decision As Early Adopters of Psak No. 71 for Impairment Provision of Loans (Study Case in Indonesia Banking Industry). AFEBI Accounting Review, 3(02), 79. https://doi.org/10.47312/aar.v3i02.191
Sari, R. (2021). Analysis of the Effect of Earnings per share, Price earning ratio and Price to book value on the stock prices of state-owned enterprises. Golden Ratio of Finance Management, 1(1), 25–32. https://doi.org/10.52970/grfm.v1i1.117
Scott, W. (2015). Financial Accounting Theory (7th ed.).
Sitompul, J., Irawati, N., & Muluk, C. (2022). Pengaruh Earning per Share, Arus Kas Operasi, dan Nilai Buku Ekuitas terhadap Harga Saham dengan Profitabilitas sebagai Variabel Moderasi pada Perusahaan Index LQ45 yang terdaftar di BEI. Owner, 6(4), 4301–4314. https://doi.org/10.33395/owner.v6i4.1577
Suwardjono. (2014). Teori Akuntansi (Perekayasaan Pelaporan Keuangan) Edisi Ketiga. Yogyakarta: BPFE..
Taruna, A. A., & Harun, C. A. (2017). Micro risk assessment dalam estimasi risiko kredit perbankan. Working Paper Bank Indonesia, 1–31. http://publication-bi.org/repec/idn/wpaper/WP032017.pdf
Wheeler, P. B. (2021). Unrecognized Expected Credit Losses and Bank Share Prices. Journal of Accounting Research, 59(3), 805–866. https://doi.org/10.1111/1475-679X.12353
william R. Scott, P. C. O. (2020). Financial Accouting Theory (8th ed.). Pearson.
Yulianni, Y., & Suhartono, S. (2020). Relevansi Nilai Laba, Nilai Buku Ekuitas, Arus Kas Operasi Dan Dividen. Jurnal Akuntansi, 8(2). https://doi.org/10.46806/ja.v8i2.618
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2024-06-30
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