Authors:

Putu Aldhi Surata, Ida Bagus Putra Astika

Abstract:

“OJK issues POJK No.29 / POJK.04 / 2016 which requires MD & A disclosure in the annual report. The purpose of this study is to prove empirically that there are (1) market reactions in annual report disclosures, (2) the effect of MD & A disclosure level on abnormal returns. The study population used the KOMPAS100 index of 100 issuers with a total sample of 63 samples. The Wilcoxon statistical test results state that there are differences before and after the disclosure of the annual report. Furthermore, a simple linear regression test was conducted which gave the results that the MD & A disclosure had a positive effect on the market reaction that was proxied using abnormal return. The test results produce MD & A disclosures that have a positive effect on market reactions through abnormal returns so that the market is known to use the information contained in MD & A.Keywords : Management discussion and analysis, abnormal return, annual report.”

Keywords

: Management discussion and analysis, abnormal return, annual report.

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PDF:

https://jurnal.harianregional.com/akuntansi/full-48184

Published

2019-08-10

How To Cite

SURATA, Putu Aldhi; ASTIKA, Ida Bagus Putra. Reaksi Pasar Atas Pengungkapan Management Discussion and Analysis.E-Jurnal Akuntansi, [S.l.], v. 28, n. 2, p. 987 - 1011, aug. 2019. ISSN 2302-8556. Available at: https://jurnal.harianregional.com/akuntansi/id-48184. Date accessed: 28 Aug. 2025. doi:https://doi.org/10.24843/EJA.2019.v28.i02.p08.

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Issue

Vol 28 No 2 (2019)

Section

Articles

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