ANALYSIS OF THE IMPACT OF PSAK 73 ON FINANCIAL PERFORMANCE AND MKBD IN INDONESIAN SECURITIES COMPANIES

Abstract

PSAK 73 has become an intriguing subject for further research, given its relatively recent implementation, especially in the capital market sector. The primary focus of this research is the impact of PSAK 73 on adjusted net working capital, a crucial aspect in the financial analysis of companies. The study is grounded in quantitative data, utilizing descriptive statistics and simple linear regression analysis, with financial performance and MKBD as independent variables tested. The research employs purposive sampling, considering financial performance and MKBD as vital variables. The findings indicate a lack of correlation between PSAK 73 and the investigated variables. However, another interesting result reveals a significant influence of PSAK 73 on MKBD, demonstrating that the standard directly affects the measurement of adjusted net working capital. This raises intriguing questions regarding the relevance and implications of PSAK 73 on a company's financial structure within the context of the capital market.