Apakah Dividen Merefleksikan Kualitas Laba?

Authors

  • Reiner Amos Ivan Prayoga Universitas Kristen Satya Wacana
  • Ika Kristianti Universitas Kristen Satya Wacana

DOI:

https://doi.org/10.23887/ijssb.v4i1.24195

Keywords:

Kualitas Laba, Dividen, Rasio Pembayaran Dividen

Abstract

Penelitian ini bertujuan untuk mengeksplorasi keterkaitan dividen dengan kualitas laba pada perusahaan manufaktur di Indonesia. Studi tentang kualitas laba perusahaan telah dilakukan tetapi masih sedikit yang mencoba untuk terhubung dengan dividen. Penelitian ini mencoba memberikan bukti bahwa dividen memiliki pengaruh terhadap kualitas laba. Populasi penelitian ini adalah 168 perusahaan manufaktur di Indonesia. Laporan keuangan perusahaan untuk periode 2016-2018 digunakan sebagai sampel penelitian ini. Analisis regresi digunakan sebagai teknik analisis data. Hasil penelitian menunjukkan bahwa pembayaran dividen dan rasio pembayaran dividen berpengaruh positif signifikan terhadap kualitas laba.

Author Biography

Reiner Amos Ivan Prayoga, Universitas Kristen Satya Wacana

Mahasiswa Jurusan Akuntansi Universitas Kristen Satya Wacana

References

Abdelghany, K. E. M. (2005). Measuring the quality of earnings. Managerial Auditing Journal, 20(9), 1001–1015. https://doi.org/10.1108/02686900510625334

Achmad, T. (2012). Dewan Komisaris Dan Transparansi: Teori Keagenan Atau Teori Stewardship? Jurnal Keuangan Dan Perbankan, 16(1), 1–12.

Aini, N., Maslichah, & Junaidi. (2019). Pengaruh Pengetahuan Dan Pemahaman Investasi, Modal Minimum Investasi, Return, Risiko Dan Motivasi Investasi Terhadap Minat Mahasiswa Berinvestasi Di Pasar Modal (Studi Pada Mahasiswa Fakultas Ekonomi Dan Bisnis Kota Malang). E-JRA Vol. 08 No. 05 Agustus 2019 Fakultas Ekonomi Dan Bisnis Universitas Islam Malang, 08(05), 38–52.

Anita, D., & Fitriani, N. (2015). Pengaruh Pembayaran Dividen Terhadap Kualitas Laba. Pengaruh Pembayaran Dividen Terhadap Kualitas Laba, 4(2), 64–75.

Bhargava, S. (2018). Theory of Signalling Dividends: An Economic Analysis. Retrieved from https://ssrn.com/abstract=3233042

Brav, A., Graham, J. R., Harvey, C. R., & Michaely, R. (2005). Payout policy in the 21st century. Journal of Financial Economics, 77(3), 483–527. https://doi.org/10.1016/j.jfineco.2004.07.004

Connelly, B. L., Certo, S. T., Ireland, R. D., & Reutzel, C. R. (2011). Signaling theory: A review and assessment. Journal of Management, 37(1), 39–67. https://doi.org/10.1177/0149206310388419

DeAngelo, H., DeAngelo, L., & Stulz, R. M. (2006). Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory. Journal of Financial Economics, 81(2), 227–254. https://doi.org/10.1016/j.jfineco.2005.07.005

Dechow, M. (1994). Accounting & Economics The role of accounting accruals. Journal of Accounting and Economics, 18, 3–42. https://doi.org/10.1016/0165-4101(94)90016-7

Dechow, P., Ge, W., & Schrand, C. (2010). Understanding earnings quality: A review of the proxies, their determinants and their consequences. Journal of Accounting and Economics, 50(2–3), 344–401. https://doi.org/10.1016/j.jacceco.2010.09.001

Dechow, P. M., & Dichev, I. D. (2002). The quality of accruals and earnings: The role of accrual estimation errors. Accounting Review, 77(SUPPL.), 35–59. https://doi.org/10.2308/accr.2002.77.s-1.61

Dechow, P. M., & Schrand, C. M. (2004). Earnings Quality.

Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting Earnings Management. The Accounting Review, 70(2), 193–225. Retrieved from http://www.jstor.org/stable/248303

Deng, L., Li, S., & Liao, M. (2017). Dividends and earnings quality: Evidence from China. International Review of Economics and Finance, 48, 255–268. https://doi.org/10.1016/j.iref.2016.12.011

Denis, D. J., & Osobov, I. (2008). Why do firms pay dividends? International evidence on the determinants of dividend policy. Journal of Financial Economics, 89(1), 62–82. https://doi.org/10.1016/j.jfineco.2007.06.006

Dira, K., & Astika, I. (2014). Pengaruh Struktur Modal, Likuiditas, Pertumbuhan Laba, Dan Ukuran Perusahaan Pada Kualitas Laba. E-Jurnal Akuntansi, 7(1), 64–78.

Easterbrook, F. H. (1984). Two Agency-Cost Explanations of Dividends. The American Economic Review, 74(4), 650–659. Retrieved from http://www.jstor.org/stable/1805130

Francis, J., Olsson, P., & Schipper, K. (2006). Earnings quality. Foundations and Trends in Accounting, 1(4), 259–340. https://doi.org/10.1561/1400000004

Glassman, J. (2005). When numbers don’t add up. Kiplinger’s Personal Finance, 59(8), 32–34.

Halim, A., & Abdullah, S. (2006). Hubungan Masalah Keagenan Di Pemerintah Daerah: Sebuah Peluang Penelitian Anggaran dan Akuntansi. Jurnal Akuntansi Pemerintahan, 2(1), 53–64.

Harjito, D. A., & Martono, S. U. (2014). Manajemen Keuangan Edisi Kedua. Yogyakarta: Ekonisia.

He, X., Li, M., Shi, J., & Twite, G. (2016). Why do firms pay stock dividends: Is it just a stock split? Australian Journal of Management, 41(3), 508–537. https://doi.org/10.1177/0312896214553858

Irawati, D. E. (2012). Pengaruh Struktur Modal, Pertumbuhan Laba, Ukuran Perusahaan Dan Likuiditas Terhadap Kualitas Laba. Accounting Analysis Journal, 1(2), 1–6. https://doi.org/10.15294/aaj.v1i2.572

Kothari, S. P., Leone, A. J., & Wasley, C. E. (2005). Performance matched discretionary accrual measures. Journal of Accounting and Economics, 39(1), 163–197. https://doi.org/10.1016/j.jacceco.2004.11.002

Kowerski, M. (2013). Dividends and earnings quality in poland.

Lease, R. C., John, K., Kalay, A., Loewenstein, U., & Sarig, O. H. (1999). Dividend Policy: Its Impact on Firm Value. OUP Catalogue, 26.

McNichols, M. F. (2002). Discussion of the Quality of Accruals and Earnings: The Role of Accrual Estimation Errors. Accounting Review, 77(SUPPL.), 35–59. https://doi.org/10.2308/accr.2002.77.s-1.61

Miller, M. H., & Modigliani, F. (1961). Dividend Policy, Growth, and the Valuation of Shares. The Journal of Business, 34(4), 411–433. Retrieved from http://www.jstor.org/stable/2351143

Myers, S. C. (2000). Outside Equity Financing. Journal of Finance, 55(3), 1005–1037. Retrieved from https://onlinelibrary.wiley.com/doi/epdf/10.1111/0022-1082.00239

Nasution, Y. S. J. (2015). Peranan Pasar Modal Dalam Perekonomian Negara. Peranan Pasar Modal Dalam Perekonomian Negara, 2(1), 95–112.

Novianti, R. (2012). Kajian Kualitas Laba Pada Perusahaan Manufaktur Yang Terdaftar Di Bei. Accounting Analysis Journal, 1(2), 1–6. https://doi.org/10.15294/aaj.v1i2.656

Pratiwi, R., & Yulianto, A. (2016). Pengaruh Struktur Kepemilikan dan Komisaris Independen terhadap Biaya Keagenan Perusahaan yang Masuk dalam Indonesia Most Trusted Companies. Management Analysis Journal, 5(3), 215–228. https://doi.org/10.15294/maj.v5i3.11119

Puspita, I. & H. L. (2019). KUALITAS LABA. 8(2003), 1–9.

Shapiro, D., & Zhuang, A. (2015). Dividends as a signaling device and the disappearing dividend puzzle. Journal of Economics and Business, 79(2015), 62–81. https://doi.org/10.1016/j.jeconbus.2014.12.005

Sirait, F., & Siregar, S. V. (2014). Dividend Payment and Earnings Quality: Evidence From Indonesia. International Journal of Accounting and Information Management.

Skinner, D. J., & Soltes, E. (2011). What do dividends tell us about earnings quality? Review of Accounting Studies, 16(1), 1–28. https://doi.org/10.1007/s11142-009-9113-8

Tita, D. (2011). Pengaruh Rasio Keuangan, Pertumbuhan Penjualan Dividen terhadap Harga Saham. Jurnal Bisnis Dan Akuntansi, 13(1), 57–66.

Tong, Y. H., & Miao, B. (2011). Are dividends associated with the quality of earnings? Accounting Horizons, 25(1), 183–205. https://doi.org/10.2308/acch.2011.25.1.183

Untung, A., & Hanna. (2017). the Relationship Between Dividend Payment Patterns. 12(2), 1–16. https://doi.org/10.1108/S0196-382120170000033003

Viney, C. (2010). Financial market essentials. McGraw-Hill Education Australia.

Widayanti, C. A., Vestari, M., & Farida, D. N. (2014). Faktor-faktor yang mempengaruhi kualitas laba pada perusahaan high profile yang terdaftar di BEI. Jurnal Dinamika Ekonomi & Bisnis, 11, 46–64. https://doi.org/10.1017/S0266467408005026

Wongso. (2013). Pengaruh Kebijakan Dividen, Struktur Kepemilikan, dan Kebijakan Hutang terhadap Nilai Perusahaan dalam Perspektif Teori Agensi dan Teori Agensi dan Teori Signaling. Jurnal Ilmiah Mahasiswa Manajemen, 1(5), 1–6.

Zelmiyanti, R. (2016). Pendekatan Teori Keagenan Pada Kinerja Keuangan Daerah Dan Belanja Modal (Studi Pada Provinsi Di Indonesia). Jrak. Vol. 7 No. !, 7(1), 11–21.

Downloads

Published

2020-03-23

How to Cite

Prayoga, R. A. I., & Kristianti, I. (2020). Apakah Dividen Merefleksikan Kualitas Laba?. International Journal of Social Science and Business, 4(1), 74–80. https://doi.org/10.23887/ijssb.v4i1.24195

Issue

Section

Articles