EARNINGS PERSISTENCE AND ITS INFLUENCING FACTORS: A STUDY OF PROPERTY AND INFRASTRUCTURE SECTORS

Elisa Elisa

doi:10.51170/jmabr.v4i1.182

Authors

Elisa Elisa Multimedia Nusantara University

DOI:

https://doi.org/10.51170/jmabr.v4i1.182

Keywords:

Debt Level, Earning Persistence, Firm Size, Market Concentration, Operating Cash Flow

Abstract

This study aims to provide empirical insights into how debt level, firm size, operating cash flow, and market concentration influence earnings persistence. The research sample was selected using a purposive sampling technique and focuses on companies in the Property, Real Estate & Building Construction as well as Infrastructure, Utilities & Transportation sectors listed on the Indonesia Stock Exchange during the 2016–2018 period. The study utilizes secondary data obtained from financial statements and applies multiple linear regression analysis. The findings reveal that (1) firm size and (2) operating cash flow both have a significant positive impact on earnings persistence; (3) market concentration has a significant negative impact; (4) debt level does not significantly influence earnings persistence; and (5) collectively, debt level, firm size, operating cash flow, and market concentration exert a significant effect on earnings persistence.

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