PERUBAHAN MARKET VALUE OF EQUITY DAN EQUITY PER SHARE SETELAH PENERAPAN KONVERGENSI IFRS

Abstract

The development of the global equity markets demanding equality in financial reporting standards. IFRS is present as a solution to the differences in standards in the various countries. For companies the impact of the IFRS implementation will depend on the type of industry, type of transaction, elements of financial statements that are used, and also the selection of accounting policies adopted and will ultimately determine the financial information produced. This information is used by investors to determine a company's financial condition and performance of the company in the present and in the future and determine the value of the company by investors. This article discusses the impact of the convergence of IFRS on the Company Value in particular the market value of equity and equity per share through the analysis of the differences before and after the convergence of IFRS. The research was conducted to the company in the trade and services sectors listed in Indonesia Stock Exchange. The method used is survey method with quantitative analysis techniques. The results show that the majority of the company has increased the market value of equity and equity per share after the convergence, but the differences were not significant. Keywords: development, convergence, IFRS, the effects, the value of the company