PARADIGMA PENELITIAN AKUNTANSI KEUANGAN DAN MANAJEMEN KEUANGAN BERBASIS PASAR MODAL

Abstract

Research paradigm of financial accounting and financial management based on capital market can be divided to five focus research areas, they are: market efficiency, economic consequences, income (earning) as a capital market research variable, accounting Information content except profit, and methodology. It is based on Ball and Brown research (1968), which focuses on the relationship of accounting earnings information on stock values. The purpose of this article is to describe research paradigm of financial accounting and financial management which use the same information based on the capital market. Therefore this article will describe capital market variables that focused on five variables; market efficiency, economic consequences, income (earning) as a capital market research variable, accounting information content except profit, and methodology. The existence of these variables will explain the accounting practices used as the basis in the capital market.