The Effect of Earning Management, Information Asymmetry and Growth Asset on Future Stock Return with Dividend Policy as the Moderating Variable

Journal Title: Journal of Economics, Finance and Management Studies - Year 2025, Vol 8, Issue 01

Abstract

This study aims to test and analyse the effect of effect of Eamings Management, Information Asymmetry and Asset Growth on the Future Stock Returns and whether the Dividend Policy could strengthen the relationship between the effects of Eamings Management, Information Asymmetry and Asset Growth on the Future Stock Returns in index LQ-45 companies listed on the Indonesia Stock Exchange from 2017 to 2022. This type of research is quantitative, using secondary data. The hypothesis testing used in the study was the Moderated Regression Analysis and Eviews 13 applications. The population in this study were all companies listed on index LQ-45. The data collection technique in this study was purposive sampling technique, from 45 research populations to 18 used as research samples. The results showed that Eamings Management, Information Asymmetry and Asset Growth simultaneously affect Future Stock Returns in index LQ-45 companies from 2017 to 2022. The research results obtained Risk Eamings Management affects Future Stock Returns, Information Asymmetry has no effect on Future Stock Returns, Asset Growth has no effect Future Stock Returns and the dividend policy could not strengthen the relationship between the effect of eamings management, information asymmetry and asset growth on the future stock retums.

Authors and Affiliations

Suripto , Andini , Holiawati,

Keywords

Related Articles

Family Ownership and the Export Performance of SMEs: The Mediating Role of Innovation Capabilities

This study examines the relationship between family ownership and export performance, and innovation capabilities as a mediation variable. We conceptualize our study to “familiarity” as the family system interaction in b...

The Effect of Organizational Culture on Organizational Performance at Statistics Indonesia (BPS) in Banten Province: Analysis of the Mediating Role of Employee Engagement and Moderation of Self-Efficacy

This study aims to analyze the mediating role of employee engagement and moderation of self-efficacy in the relationship between organizational culture and organizational performance at Statistics Indonesia (BPS) in Bant...

Policy on Work Accident, Occupational Disease Insurance in Vietnam

During the process of production activities, there are factors or incidents that affect the health of workers, such as hazardous working environments, prolonged fixed working postures, accidents caused by machinery, etc....

Influence Work Environment, Compensation, Culture Work and Leadership Towards Employee Job Satisfaction

This study aims to analyze the influence of the work environment, compensation, work culture, and leadership on employee job satisfaction at BigBox Tribe BSP, a division that focuses on the digital and technology busines...

Exploring the Impact of Board Structure and Governance Practices on Integrated Reporting Quality: CSR as A Moderating Variable

Presentation report integrated (IR) in Indonesia is still naturally voluntary and partly big studies previously conducted in developed country capital markets, and studies conducted in emerging country markets Still seld...

Download PDF file
  • EP ID EP754766
  • DOI 10.47191/jefms/v8-i1-22
  • Views 49
  • Downloads 0

How To Cite

Suripto, Andini, Holiawati, (2025). The Effect of Earning Management, Information Asymmetry and Growth Asset on Future Stock Return with Dividend Policy as the Moderating Variable. Journal of Economics, Finance and Management Studies, 8(01), -. https://europub.co.uk/articles/-A-754766