Laba Komprehenif vs Laba Bersih: Manakah yang Lebih Relevan?

  • Ayu Fina Karimatussofiah Fakultas Ekonomika dan Bisnis, Universitas Kristen Satya Wacana
  • Ari Budi Kristanto Akuntansi, Fakultas Ekonomika dan BisnisUniversitas Kristen Satya Wacana
Keywords: relative value relevance, IFRS adoption, net income, comprehensive income, stock price


This research aims to analyze whether net income or comprehensive income contain higher relative value relevance. Implementation of comprehensive income report have been obligated by PSAK 1 revision 2009 as the IFRS on PSAK Indonesia since 2012, particularly about the disclosure of the other comprehensive income on the company’s income statement. This study uses secondary data taken from companies’ annual financial statement for the period of 2011 until 2016. The population are manufacturi companies, which are listed on Indonesian Stock Exchange for the period 2011-2016. This research uses 50 companies sorted by some criteria: companies that report their financial statement for all years, and companies that provide required data in this study. The result shows that both net income and comprehensive income are positively influence the stock price. It means that both of net income and comprehensive income contain relative value relevance, out of the control variables provide (Return on Equity, Book Value per Share, and Company size). Another result is the relative value relevance of comprehensive income is higher than relative value relevance of net income.


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