Analisis Pengaruh Manajemen Laba Riil, Ukuran Perusahaan Dan Likuiditas Saham Terhadap Cost Of Equity Capital Pada Perusahaan Go Public Yang Tergabung Dalam Indeks LQ45 Dan JII

摘要

This research aims to determine the effect of real earning management, firm sizeudand stock liquidity on cost of equity capital, on occured in companies listed inudIndonesia Stock Exchange during 2004-2015 period. Real earning managementudmeasurement used approach on abnormal cash flow from operations, abnormaludproduction cost and abnormal discretionary expenses. Firm size measured byudnatural logarithm of total asset. While stock liquidity measurement used approachudon trading volume activity. Design of this research is quantitative with hyphoteticouddeductive approachment. Research result indicate that there is no significantudrelationship between real earning management and the cost of capital. While, firmsudsize has a significant negative relationship on cost of equity capital and stockudliquidity has no significant relationship on cost of equity capital.