Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)

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The Role of Corporate Governance to the Relationship Between Income Smoothing, Dividend, Growth and Earnings Informativeness

Authors
Vinola Herawaty, Anggun Prabowo
Corresponding Author
Vinola Herawaty
Available Online 15 September 2020.
DOI
10.2991/aebmr.k.200915.071How to use a DOI?
Keywords
corporate governance, dividend policy, earnings informativeness, company growth, income smoothing
Abstract

The objective of this empirical study is to analyse the influence of dividend policy, company growth, and income smoothing to earnings informativeness on manufacturing companies listed on Indonesia Stock Exchange in 2016 – 2018. Earnings informativeness represents market reaction of price change to company’s unexpected earnings which is proxied by earnings response coefficient. This study also uses corporate governance measured by the ASEAN Corporate Governance Scorecard as moderating variable. The samples used in this research were 129 originating observations from 47 manufacturing companies listed on the Indonesia Stock Exchange during period of 2016 to 2018. The results show that income smoothing has a positive influence to earnings response coefficient while dividend policy, and company growth do not have positive influences to earnings response coefficient. CG strengthens the influence of income smoothing to earnings response coefficient. However, CG does not moderate the influence of dividend policy and company growth to earnings response coefficient.

Copyright
© 2020, 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 International Conference on Management, Accounting, and Economy (ICMAE 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
15 September 2020
ISBN
10.2991/aebmr.k.200915.071
ISSN
2352-5428
DOI
10.2991/aebmr.k.200915.071How to use a DOI?
Copyright
© 2020, 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  - Vinola Herawaty
AU  - Anggun Prabowo
PY  - 2020
DA  - 2020/09/15
TI  - The Role of Corporate Governance to the Relationship Between Income Smoothing, Dividend, Growth and Earnings Informativeness
BT  - Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)
PB  - Atlantis Press
SP  - 317
EP  - 321
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200915.071
DO  - 10.2991/aebmr.k.200915.071
ID  - Herawaty2020
ER  -