Implication of good corporate governance and leverage on earnings management

joni hendra; Hery Koesharjono; Seger Priantono

doi:10.23887/ijssb.v2i1.12936

Authors

joni hendra universitaspancamarga
Hery Koesharjono universitaspancamarga
Seger Priantono universitaspancamarga

DOI:

https://doi.org/10.23887/ijssb.v2i1.12936

Keywords:

institutional ownership, independent commissioners, board of directors, size of the company, leverage, earnings management

Abstract

Company management (agent) is the party most concerned to practice earnings management to deceive the users of financial statements so that management gain private gain (obtaining privat gains). In addition, firms with high leverage ratios are influential in performing earnings management practices because the company is in default. The existence of the principle of good corporate governance is expected to minimize earnings management resulting in financial statements do not describe the fundamental value of the company actually.

The study aims at stating wheader is proves significant influence between the institutional ownership, the composition of independent commissioners, the size of the board of directors, the size of the company and the leverage on earnings management.

The results of research on non-bank companies listed in LQ 45 in Indonesia Stock Exchange year 2013-2016 show that partially the composition of independent commissioners, firm size and leverage have a positive effect on earnings management. When tested simultaneously indicate that instisional ownership, composition of commissioner independent, the composition of the board of directors, the size of the company and leverage have a significant effect on earnings management. The size of the company is a research variable that has a dominant influence on earnings management, because the larger the size or scale of the company it will be easier for the company in obtaining funding sources, both internal and external.

References

Boediono, Gideon SB. 2005. Kualitas Laba : Studi Pengaruh Mekanisme Corporate Governance dan Dampak Manajemen Laba dengan Menggunakan Analisi Jalur Simposium Nasional Akuntansi VIII Surakarta, Univ Sebelas Maret, 15-16 September 2005.

Bursa Efek Indonesia. 2016. LaporanKeuangan.http://www.idx.co.id

Dharmastuti, Christiana Fara. 2013. Analisis Pengaruh Mekanisme Internal Dan External Corporate Governance Terhadap Profitabilitas Dan Kebijakan Dividen Perusahaan (Studi Empiris Pada Perusahaan Go Publik Di Pasar Modal Indonesia). Jurnal Organisasi dan Manajemen. Volume 9, Nomor 1. Maret 2013.

Ghozali, H Imam.2011. Aplikasi Analisis Multivariat dengan Program SPSS, Edisi Ketiga. Semarang: Badan Penerbit Universitas Diponegoro.

Hayati, Annur fitri dan Gusnardi, 2012. Pengaruh Penerapan Mekanisme Good Corporate Governance terhadap Manajemen Laba. Jurnal Akuntansi. Vol. XVI. No. 03: 364-379. September 2012.

Hery, 2017. Kajian Riset Akuntansi : Mengulas berbagai hasil penelitian terkini dalam bidang Akuntansi dan Keuangan. Jakarta : Penerbit PT. Grasindo.

Khaerunnisa, Siti dan Eko, Umanto. 2014. Retno M., Reny Dyah dan Denies Priantinah. 2012. Pengaruh Good Corporate Governance dan Pengungkapan Corporate Social Responsibility Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Periode 2007-2010).Jurnal Nominal.Vol. 1 No. 1.Juni 2016

Komite Nasional Kebijakan Governance, 2004.Pedoman Umum Good Corporate Governance Indonesia.http:www.governance-indonesia.or.id/main.htm

Ma’ruf, 2006. Analisis Faktor-Faktor Yang Mempengaruhi Manajemen Laba pada Perusahaan Go-Public di Bursa Efek Jakarta (BEJ). Tesis. Semarang: Universitas Diponegoro.

Priyatno, Dwi. 2009. Mandiri Belajar SPSS untuk Analisis Data & Uji Statistik. Jakarta : Media Kom.

Pratiwi, F. L. 2015. Analisis Mekanisme Good Corporate Governance Terhadap Manajemen Laba Pada Perusahaan Manufaktur yang Terdaftar di BEI. Jurnal Riset Mahasiswa Akuntansi. ISSN: 2337-56xx. Vol.xx No.xx

Puspitasari, F. dan Ernawati E. 2010, Pengaruh Mekanisme Corporate Governance Terhadap Kinerja Keuangan Badan Usaha. Jurnal Manajemen Teori dan Terapan. Vol. 3. No. 2:189-215. Agustus 2010

Retno M., Reny Dyah dan Denies Priantinah. 2012. Pengaruh Good Corporate Governance dan Pengungkapan Corporate Social Responsibility Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Periode 2007-2010). Jurnal Nominal. Vol. 1 No. 1

Rice, 2016. Pengaruh factor keuangan terhadap Manajemen laba dengan corporate governance sebagai vaiabel moderating. Jurnal Wira Ekonomi Mukroskil. Vol. 6 No. 01 : 55 – 71. April 2016.

Setiawan, Teguh. 2009. Analisis Pengaruh Mekanisme Good Corporate Governance Terhadap Praktek Manajemen Laba Pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Periode 2005-2007. Jurnal Akuntansi Kontemporer. Vol. 1. N0. 2. Juli 2009.

Sugiyono, 2014. Metode Penelitian Pendidikan : Pendekatan kuantitatif, kualitatif dan R&D. Jakarta : Alfabeta

Subramanyam dan Wild, 2010.Analisis Laporan Keuangan. Buku Satu, Edisi Kesepuluh, Jakarta: Salemba Empat.

Sulistyanto, Sri. 2008. Manajemen Laba: Teori dan Empiris. Jakarta: PT. Gramedia

Ujiantho, Arif Muh. dan B.A. Pramuka. 2007. Mekanisme Corporate Governance, Manajemen Laba dan Kinerja Keuangan. Simposium Nasional Akuntansi X. IAI. Makasar 2007

Wulandari, Rahmita, 2013. Analisis pengaruh Good Corporate Governance dan Leverage terhadap Manajemen laba. Skripsi. Semarang : Universitas Diponegoro.