Pengaruh Leverage, Long Term Investment, Income Smoothing, Growth Opportunities, dan Market Power Terhadap Future Earnings Response Coefficient (Ferc) pada Perusahaan Manufaktur Sub Sektor Konsumsi di Bursa Efek Indonesia Tahun 2019-2021

Abstract

This reseach aim to determine the effect of leverage, long term investment, income smoothing, growth opportunities, dan market power on future earnings response coefficient (FERC) for manufacturing companies listed in BEI for year 2019-2021. The type of this research is causal research, which uses population data from manufacturing companies listed in BEI for year 2019 – 2021. The sampling method used in this research is purposive sampling and acquired 27 companies as the sample with 81 observations. The results of this research show that leverage has significant influence on future earnings response coefficient (FERC), long term investment has significant influence on future earnings response coefficient (FERC), income smoothing does not has significant influence on future earnings response coefficient (FERC), growth opportunities has significant influence on future earnings response coefficient (FERC), and market power has significant influence on future earnings response coefficient (FERC). Simultantly, leverage, long term investment, income smoothing, growth opportunities, and market power do have significant influence on future earnings response coefficient (FERC).