This study sought to ascertain how
revaluation of property, plant, and equipment would affect stock prices and the
rate of return on investment in a manufacturing company. From January 2011 to
December 2013, the manufacturing companies represented in the index LQ45 on the
Indonesia Stock Exchange were incorporated into the population. The descriptive
technique and multiple regression were both used to analyze the data. Data from
an annual financial report on the Indonesian stock exchange were collected, processed,
and statistical analysis was used to obtain the information. The primary goal
of the financial statement is to deliver data on the financial situation,
performance, and changes in the financial status of the business that will be
helpful for making financial decisions. The results of this study show that: 1)
There is a relationship between the financial asset classes of property, plant,
and equipment at fair value and reliability, 2) Reporting of fixed asset
property, plant, and equipment at fair value is biased and unreliable,
particularly for SE and PPNINC (the increase in the value of property, plant,
and equipment company in period t), and 3) The fair value can explain the expl
A dependable quality in asset reporting at fair value was not present,
according to the findings. This came about as a result of an inconsistency in
the reporting of an increase in the value of property, plant, and equipment in
some quarters and an inflated increase in the value of company assets in other
quarters. Along with investor assessments, changes in the value of property
investments, plants, and equipment were also noted and assigned a reliability
score.
Author(s) Details:
Lenny Leorina Evinita,
Manado State of University, North Sulawesi, Indonesia.
Please see the link here: https://stm.bookpi.org/CABEF-V2/article/view/7640
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