RELEVANSI NILAI INFORMASI AKUNTANSI, SEBELUM ADOPSI IFRS DAN SETELAH ADOPSI IFRS PADA PERUSAHAAN YANG TERCATAT DALAM BURSA EFEK INDONESIA

Abstract

This study aimed to explore the value relevance of accounting information in the period
before and after the adoption of IFRS in Indonesia . This study uses the value of accounting earnings
and book value of equity as a proxy for the value relevance of accounting information . Quality of
accounting information can be seen on the relevance of accounting information in the decision-making
of investors as reflected in the stock price . Adoption of IFRS  -based standards are not predicted to
improve the quality of accounting information due to  spesific environmental factors in Indonesia . The
population of this research is a listed public company on the Indonesia Stock Exchange in the period
2009-2012 . The results showed that the adoption of IFRS -based standards in Indonesia have not been
able to improve the quality of accounting information . this is due to only the relevance of equity book
value are increased , while the relevance of accounting earnings with investment decisions as reflected
in the stock price does not increase significantly in the period after the adoption of IFRS.
Keyword: Value relevance, Accounting Earnings, Book Value of Equity, IFRS adoption.