EFFECT OF DEFAULT RISK, ACCOUNTING CONSERVATISM, PROFIT PERSISTENCE AND AUDIT QUALITY ON EARNINGS RESPONSE COEFFICIENT (ERC) IN NON-FINANCIAL COMPANIES REGISTERED ON THE INDONESIAN STOCK EXCHANGE (IDX) IN 2019-2021

This study aims to examine the effect of default risk, accounting conservatism, earnings persistence and audit quality on response coefficient (ERC). The population in this are non-financial companies listed Indonesia Stock Exchange (IDX) for 2019-2021 with a total 673 companies. Sampling used purposive sampling obtained as many 118 354 observational data. research is quantitative secondary data sources including company's annual financial reports through websitewww.idx.co.idand stock prices sitehttp://finance.yahoo.com. Data collection techniques method documentation literature study.Data analysis panel regression using EViews 12 software. results showed that risk had no significant (ERC), conservatism positive And has negative