FAKTOR-FAKTOR YANG MEMPENGARUHI EARNINGS RESPONSE COEFFICIENT

This aims of the research is to examine factors affect Earnings Response Coefficient (ERC) that are quality audit, leverage, growth, earnings persistence, systematic risk (beta) and dividen per share. The sample of this research sample is manufacturing companies in period 2009-2011 by using purposive sampling method. There are 44 companies fulfilling criteriation as this research sample. This research is data was analyzed using regression linear. The result show all the hypothesis are reject, such as the effect of audiator quality, leverage, growth and dividen per share don’t have significant influences to Earnings Response Coefficient (ERC). On the other side, earnings persistence has a negative significant to Earnings Response Coefficient (ERC). Finally, systematic risk (beta) has a negative not significant to Earnings Response Coefficient (ERC)