PENGARUH KONVERGENSI IFRS (International Financial Reporting Standard) TERHADAP PROFITABILITAS DAN INVESTASI di BURSA EFEK INDONESIA

Abstract

This research is intended to analyze the difference on the profitability and investment before and after IFRS convergence. The profitability is measured by ROE and investment is measured by Trading Volume Activity (TVA). The samples in this research are firms in manufacturing companies sector listed at Indonesia Stock Exchange since Januari 1, 2011, because IFRS convergence effectively was implemented in Indonesia on January 1, 2012 so the period of research is one year before and after the converge of IFRS. There were 90 companies analzed for profitability variable and 122 companies exmined for investment variable. The technique of analysis to test the hypotheses is Wilcoxon two sample for median. The results of this research indicate that IFRS convergence are significantly affects to profitabilty change, but it does not significantly affect investment change.