PENGARUH TINGKAT DISCLOSURE, PENGUNGKAPAN INTELLECTUAL CAPITAL, DAN ASIMETRI INFORMASI TERHADAP COST OF EQUITY CAPITAL (BIAYA EKUITAS) (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2012-2014)
Daftar Isi:
- R. Pranaditya. Effect of Disclosure, Disclosure of Intellectual Capital, and Information Asymmetry To The Cost Of Equity Capital. State University of Jakarta. 2016. This study aims to determine the Effect of Disclosure, Disclosure Intellectual and Information Asymmetry To The Cost Of Equity Capital companies listed in Indonesia Stock Exchange 2012-2014. This study uses secondary data obtained from the Annual Report of the company. Using the method of sampling purposive, obtained samples of this research are 24 companies manufacturing companies listed in Indonesia Stock Exchange period 2012-2014. This study uses multiple linear regression analysis. The results of this study indicate if the level of disclosure has no influence on Cost Of Equity Capital. Meanwhile, the Intellectual Capital Disclosure framework and proxy Sveiby models using Intellectual Capital Disclosure Index (IPMI) provides results negatively affect Cost Of Equity Capital and Information Asymmetry by proxy bid-ask spread, has no influence on Cost Of Equity Capital. Keywords: Cost Of Equity Capital, Level Disclosure, Disclosure of Intellctual Capital, Information Asymmetry, CAPM, Bid-Ask Spread.