PENGARUH PENGUNGKAPAN OTHER COMPREHENSIVE INCOME TERHADAP MANAJEMEN LABA, COST OF DEBT, DAN IMPLIKASINYA TERHADAP RETURN SAHAM

Abstract

When investing, investors need information information that is expected to consider the condition of a company. However, the disclosure of other comprehensive income will make financial reports more transparent. The separation between profit from operations and non-operations will provide additional information for investors. With the disclosure of other comprehensive income, it will affect the practice of earnings management and debt costs and will affect the return of company shares. Then, this study looks at the effect of other comprehensive income on earnings management and debt costs and their implications for the return of shares of manufacturing companies that have been listed on the Indonesia Stock Exchange during 2016-2018 using multiple linear regression analysis. Emerging other comprehensive income disclosures has a positive influence on earnings management, and has a negative influence on debt costs and the implication has a positive effect on stock returns.