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