Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)

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Periodic Revenue Fluctuation Among Listed Companies in Property and Real Estate Sub-Sector in Indonesia Stock Exchange

Authors
Jonnardi Jonnardi, M. N. Nuryasman
Corresponding Author
Jonnardi Jonnardi
Available Online 9 May 2021.
DOI
10.2991/aebmr.k.210507.065How to use a DOI?
Keywords
Financial performance, stock performance, revenue
Abstract

This research aimed to get an overview of the impact of the implementation of Indonesian Financial Accounting Standards (IFAS or PSAK in Indonesian) 72 which has been effective since January 1st, 2020 on financial performance and stock performance, especially among listed companies in the property and real estate sub-sector listed in the Indonesia Stock Exchange (IDX). The adoption of IFAS 72 has a direct impact on the amount of revenue reported in the calculation of profit or loss and comprehensive income on an annual or interim basis. The adoption of the new IFAS will fluctuate the calculation of annual and interim profit and loss and comprehensive income, thereby affecting the financial performance of listed companies which ultimately affects their stock performance in the capital market. This research is a descriptive research to determine whether there are differences in financial performance and stock performance before and after the implementation of IFAS 72. The results of data analysis show that there are significant differences in financial performance, while for stock performance the differences are not significant.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
9 May 2021
ISBN
10.2991/aebmr.k.210507.065
ISSN
2352-5428
DOI
10.2991/aebmr.k.210507.065How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Jonnardi Jonnardi
AU  - M. N. Nuryasman
PY  - 2021
DA  - 2021/05/09
TI  - Periodic Revenue Fluctuation Among Listed Companies in Property and Real Estate Sub-Sector in Indonesia Stock Exchange
BT  - Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)
PB  - Atlantis Press
SP  - 436
EP  - 443
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210507.065
DO  - 10.2991/aebmr.k.210507.065
ID  - Jonnardi2021
ER  -