Tinjauan Empiris Hubungan Manajemen Laba Terhadap Cost Of Capital pada Perusahaan yang Terdaftar di Indeks JII dan LQ45

Abstract

This article discusses the various studies between earnings earnings with the cost of capital. Total research used as a reference is the 11 studies both in national journals or internasional journals.Of all the total research only 2 that have the result of the relationship between earnings management with the cost of capital as well as an object of study, a company incorporated in the index JII and LQ45. The research period is 2004-2014 years. earnings management is measured by using a modified Jones models, the cost of capital is measured with two models Ohlson models and models CAMP. The conclusions of various studies is earnings management does not affect the cost of capital