TY  - JOUR
T1  - The Impact of IFRS Adoption, Quality of Accounting Information and
Information Asymmetry on Cost of Equity (Analysis in Indonesia
Stock Exchange as Emerging Market)
AU - Surianti, Meily AU - Yadiati, Winwin 
JO  - International Business Management
VL  - 11
IS  - 12
SP  - 2138
EP  - 2150
PY  - 2017
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2017.2138.2150
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2017.2138.2150
KW  - International Financial Reporting Standars (IFRS)
KW  -quality of accounting information
KW  -information asymmetry
KW  -cost of equity capital
KW  -quality
KW  -evidence
AB  - The purpose of this study is to obtain empirical evidence that the adoption of IFRS improves the
quality of accounting information and simultaneously with the quality of accounting information, the adoption
of IFRS lowers cost of equity capital, either directly or through information asymmetry on the Indonesia Stock
Exchange. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange
with a target population of companies announcing annual financial statements in 2010-2013. Samples are taken
using a simple random method and the number of samples is calculated using the Slovin formula. The data used
is secondary data and time series. Data are tested using path analysis. IFRS adoption is divided into two
periods, the period before full adoption and the period after full adoption. The quality of accounting information
is measured using an accrual quality model while information asymmetry is measured using bid ask spread. The
results show that the full adoption of IFRS in Indonesia has not met the expected results. No. of IFRS adoption
and the quality of accounting information has decreased cost of equity.
ER  -