PENGARUH ASIMETRI INFORMASI TERHADAP COST OF EQUITY PADA BURSA EFEK INDONESIAPENGARUH ASIMETRI INFORMASI TERHADAP COST OF EQUITY PADA BURSA EFEK INDONESIA

Abstrak

Abstract: Interest of investors to invest in a company because investors expect the level of stock returns over the availability of funds. Instead manager of the company will issue a cost of equity. When associated with an increase in the company, when there is asymetry of information, all investors will be faced with the bid-ask spread is larger and is likely to be on the wrong side of the trade. As a result, they will expect a higher return. This study aims to identify and analyze the effect of information asymetry on the cost of equity. The analytical tool used in research to solve the problems addressed are a simple regression using SPSS for Windows. Based on the research results of the asymetry of information is not a positive influence on the cost of equity. This shows that no high information asymetry discourages investors to buy stocks.
Keywords: asymetry of information, cost of equity