Proceedings of the 1st International Conference on Economics Engineering and Social Science, InCEESS 2020, 17-18 July, Bekasi, Indonesia

Research Article

The Influence of Intellectual Capital, Conservatism, Earning Management, to Future Stock Return and its Implications on Stock Return (Case Study of Mining Companies in Indonesia Listed on Indonesia Stock Exchange for the Period of 2013-2018)

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  • @INPROCEEDINGS{10.4108/eai.17-7-2020.2303061,
        author={Sugiyanto  Sugiyanto and Fitri Dwi Febrianti and Ali  Maddinsyah and Sarwani  Sarwani and Pranoto  Pranoto},
        title={The Influence of Intellectual Capital, Conservatism, Earning Management, to Future Stock Return and its Implications  on Stock Return (Case Study of Mining Companies in Indonesia Listed on Indonesia Stock Exchange for the Period of 2013-2018)},
        proceedings={Proceedings of the 1st International Conference on Economics Engineering and Social Science, InCEESS 2020, 17-18 July, Bekasi, Indonesia},
        publisher={EAI},
        proceedings_a={INCEESS},
        year={2021},
        month={1},
        keywords={intellectual capital conservatism earning management future stock return stock return},
        doi={10.4108/eai.17-7-2020.2303061}
    }
    
  • Sugiyanto Sugiyanto
    Fitri Dwi Febrianti
    Ali Maddinsyah
    Sarwani Sarwani
    Pranoto Pranoto
    Year: 2021
    The Influence of Intellectual Capital, Conservatism, Earning Management, to Future Stock Return and its Implications on Stock Return (Case Study of Mining Companies in Indonesia Listed on Indonesia Stock Exchange for the Period of 2013-2018)
    INCEESS
    EAI
    DOI: 10.4108/eai.17-7-2020.2303061
Sugiyanto Sugiyanto1,*, Fitri Dwi Febrianti1, Ali Maddinsyah2, Sarwani Sarwani1, Pranoto Pranoto1
  • 1: University Pamulang
  • 2: Universitas Pamulang, Jl. Surya Kencana No. 1 South Tangerang, Indonesia
*Contact email: dosen00495@unpam.ac.id

Abstract

This study aims to analyze the effect of Intellectual Capital, Conservatism, and Real Earning Management on Future Stock Returns and their Implications on Stock Returns on Mining companies listed on the Indonesia Stock Exchange Period 2013 - 2018. This type of research is quantitative research in which this research is done by explaining the results of data from the calculation of numbers that are calculated and analyzed. The analysis used in this research is regression analysis, where regression analysis estimates the magnitude of the coefficients resulting from a linear equation involving one independent variable to be used as a predictor of the value of the dependent variable. The results of this study indicate that Intellectual capital has a significant effect on future stock returns, Conservatism has a significant effect on future stock returns, Earning management has a significant effect on future stock returns, Simultaneous results Intellectual capital, conservatism, earning management simultaneously have an effect on future stock returns, Implications future stock return on stock returns. These findings indicate that in sample companies, future stock returns on stock returns have no implications