FAKTOR-FAKTOR YANG MEMPENGARUHI MANAJEMEN LABA PADA PERUSAHAAN NON KEUANGAN DI INDONESIA

Sugiarto Prajitno, Vionita Vionita

Abstract


The intent of this research is  obtained empirical evidence related to several factors that influence earnings management. The independent variable used in this research are firm size, firm age, firm financial leverage, audit quality, board of director, board of commissioner, audit committee meetings, managerial ownership, profitability, and firm growth, with the dependent variable earnings management. Non financial companies listed on the Indonesia Stock Exchange(BEI) during 2014 until 2018 are the object of this research. The data used are secondary data (financial statement and annual report) from www.idx.co.id. Purposive sampling method is used in the sample selection. Sixty two companies which match the criteria are used as the research sample. This research use multiple regression in observing the effect of each variable. The results of this research indicate that firm size, firm age, board of commissioner, and firm growth influence earnings management. While firm financial leverage, audit quality, board of director, audit committee meetings, managerial ownership, and profitability do not affect earnings management.


Keywords


earning managements, firm characteristics, corporate governance, managerial ownership, profitability, firms growth.

Full Text:

PDF

References


Abbadi, S., Al-Rahahleh, A.S. & Hijazi, Q.F. 2016. Corporate Governance Quality and Earnings Management: Evidence from Jordan. Australasian Accounting Business and Finance Journal: 54.

Abbott, L.J., Park, Y., & Parker, S.. 2000. The Effects of Audit Committee Activity and Independence on Corporate Fraud. Managerial Finance, Vol. 26, No. 11: 55–68.

Agustia, Y. P., & Suryani, E..2018. Pengaruh Ukuran Perusahaan, Umur Perusahaan, Leverage, dan Profitabiltas terhadap Manajemen Laba. Jurnal Akuntansi Riset, Vol. 10, No. 1, 63-74.

Agustia, D. 2013. Pengaruh Faktor Good Corporate Governance, Free Cash Flow dan Leverage terhadap Manajemen Laba. Jurnal Akuntansi dan Keuangan, Vol. 15, No. 1: 27 – 42.

Alexander, N & Hengky. 2017. Factors Affecting Earnings Management in the Indonesian Stock Exchange. Journal of Finance and Banking Review, Vol. 2, No. 2: 8-14.

Alves, S. 2013. The Impact of Audit Committee Existence and External Audit on Earnings Management Evidence from Portugal. Journal of Financial Reporting and Accounting, Vol. 11, No. 2: 143-165.

Alzoubi, E. 2016. Ownership Structure and Earnings Management: Evidence from Jordan. International Journal of Accounting dan Information Management, Vol. 24, No. 2: 135-161.

Amertha, Prasavita, I.S., Ulupui, I.G.K.A & Putri, I.G.A.M.A.D. 2014. Analysis of Firm Size, Leverage, Corporate Governance on Earnings Management Practices (Indonesian Evidence). Journal of Economics, Business, and Accountancy Ventura, Vol. 17, No. 2: 259-268.

Annisa, A. & Hapsoro, D. 2017. Pengaruh Kualitas Audit, Leverage, dan Growth terhadap Praktik Manajemen Laba. Jurnal Akuntansi, Vol. 5, No. 2: 99–110.

Antle, R., Gordon, E., Narayanamoorthy, G., & Zhou, L. 2006. The Joint Determination of Audit Fees, Non-Audit Fees, and Abnormal Accruals. Review of Quantitative Finance and Accounting, Vol. 27, No. 3: 235–266.

Arifin, L. & Destriana, N. 2016. Pengaruh Firm Size, Corporate Governance, dan Karakteristik Perusahaan terhadap Manajemen Laba. Jurnal Bisnis dan Akuntansi, Vol. 18, No. 1: 84-93.

Asward, I. & Lina. 2015. Pengaruh Mekanisme Corporate Governance terhadap Manajemen Laba dengan Pendekatan Conditional Revenue Model. Jurnal Manajemen Teknologi, Vol. 14, No.1: 15-34.

Aygun, M., Suleyman Ic., & Sayim, M. 2014. The Effects of Corporate Ownership Structure and Board Size on Earnings Management: Evidence from Turkey. International Journal of Business and Management, Vol. 9, No. 12: 123-132.

Bassiouny, S.W, Soliman,M.M. & Ragab, A. 2016. The Impact of Firm Characteristics on Manajemen laba: an empirical study on the listed firms in Egypt. Journal of Business and Retail Management Research, Vol. 10, No. 3: 34–45.

Bedard, J., Chtourou, S. M., & Courteau, L. 2004. The Effect of Audit Committee Expertise, Independence, dan Activity on Aggressive Earnings Management. Auditing: A Journal of Practice dan Theory, Vol. 23, No. 2: 13-35.

Behn, B.K., Carcello, J.V., Hermanson, D.R., & Hermanson, R.H. 1997. The determinants of audit client satisfaction among clients of big 6 firms. Accounting Horizons, Vol. 11, No. 1: 7-11.

Chi, W., Lisic,L.L & Pevzner, M. 2011. Is Enhanced Audit Quality Associated with Greater Real Earnings Management? Accounting Horizons, Vol. 25, No. 2: 315–335.

Christiani, I. & Nugrahanti, Y.W. 2014. Pengaruh Kualitas Audit terhadap Manajemen Laba. Jurnal Akuntansi dan Keuangan, Vol. 16, No. 1: 52-62.

Daghsni, O., Zouhayer, M. & Mbarek, K.B.H. 2016. Earnings Management and Board Characteristics: Evidence from French Listed Firms. Account and Financial Management Journal. Vol. 1, No. 2: 92-110.

Debnath, P. 2017. Assaying the Impact of Firm’s Growth dan Performance on Earnings Management: An Empirical Observation of Indian Economy. International Journal of Research in Business Studies and Management, Vol. 4, No. 2: 30-40.

Demir, V & Bahadir, O. 2014. An Investigation of Compliance with International Financial Reporting Standards by Listed Companies In Turkey. Accounting and Management Information Systems, Vol. 13, No. 1: 4-34.

Eisenhardt, K.M,. 1989. Agency Theory: An Assessment and Review. Academy of Management Review, Vol. 14, No. 1: 57-74.

Firsta & Murniati. 2017. Pengaruh Ukuran Perusahaan, Umur Perusahaan, dan Struktur Kepemilikan terhadap Perataan Laba pada Perusahaan Perbankan yang Terdaftar di BEI Tahun 2011-2014. Jurnal Ekonomi dan Bisnis Dharma Andalas, Vol. 19, No. 1: 28-44.

Ghosh, A., Zhaoyang G., & Jain, P.C. 2005. Sustained Earnings and Revenue Growth, Earnings Quality, and Earnings Response Coefficients. Review of Accounting Studies, Vol. 10, No. 1: 33–57.

Goncharov, I. 2005. Earnings Management and Its Determinants: Closing Gaps in Empirical Accounting Research. United Kingdom: Peter Lang.

Guna, W.I., & Herawaty, A. 2010. Pengaruh Mekanisme Good Corporate Governance, Independensi Auditor, Kualitas Auditor dan Faktor Lainnya terhadap Manajemen Laba. Jurnal Bisnis dan Akuntansi, Vol. 12, No. 1: 53-68.

Handriyono. 2005. Manajemen Laba (Earning Management) dan Pemilihan Metode Akuntansi Pada Saat IPO (Studi Pada Bursa Efek Jakarta). Jurnal Ekonomi Modernisasi.

Healy, P.M., & Wahlen, J.M. 1999. A Review of the Earnings Management Literature and Its Implications for Standard Setting. Accounting Horizons, Vol. 13, No. 4: 365-383.

Jao, R. & Pagalung, G. 2011. Corporate Governance, Ukuran Perusahaan, dan Leverage terhadap Manajemen Laba Perusahaan Manufaktur Indonesia. Jurnal Akuntansi & Auditing, Vol. 8, No.1: 1-94.

Jatiningrum, C., Abdul-Hamid, M.A., & Popoola, O.M.J. 2016. The Impact of Disclosure Quality on Corporate Governance and Earnings Management: Evidence from Companies in Indonesia. International Journal of Economics and Financial Issues, Vol. 6, No. S4: 118-125.

Jensen, M.C., & Meckling, W.H. 1976. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, Vol. 3, No. 4: 305-360.

Jensen, M.C. 1993. The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems. The Journal of Finance, Vol. XLVIII, No. 3: 1-72.

Jiraporna, P., Miller, G.A., Yoon, S.S. & Kim, Y.S. 2008. Is Earnings Management Opportunistic or Beneficial? An Agency Theory Perspective. International Review of Financial Analysis, Vol. 17: 622–634.

Kim, H.J. & Yoon, S.S. 2007. The Impact of Corporate Governance on Earnings Management in Korea. Malaysian Accounting Review, Vol. 7, No. 1: 43-59.

Kristiani, K.E, Sulindawati, N.L.G.E. & Herawati, N.T. 2014. Pengaruh Mekanisme Corporate Governance Dan Ukuran Perusahaan Terhadap Manajemen Laba Pada Perusahaan Manufaktur Yang Terdaftar Di BEI. Jurnal Akuntansi, Vol. 2, No. 1.

Lidiawati, N. & Asyik, N.F. 2016. Pengaruh Kualitas Audit, Komite Audit, Kepemilikan Institusional, Ukuran Perusahaan terhadap Manajemen Laba. Jurnal Ilmu dan Riset Akuntansi, Vol. 5, No. 5: 1-19.

Lin, J.W. & Hwang, M.I. 2010. Audit Quality, Corporate Governance, and Earnings Management: A Meta-Analysis. International Journal of Auditing, Vol. 14, No. 1: 57–77.

Mishra, M. & Malhotra, A.K. 2016. Audit Committee Characteristics and Earnings Management: Evidence from India. International Journal of Accounting and Financial Reporting, Vol. 6, No. 2: 247-273.

Nozarpour, M. & Norouzi, H. 2015. Investigating the Effect of Capital Structure and Growth Opportunities on Earnings Management. International Journal of Management, Accounting and Economics, Vol. 2, No. 6: 538–546.

Nurdiniah, D. & Herlina, L. 2015. Analysis of Factors Affecting the Motivation of Earnings Management in Manufacturing Listed in Indonesia Stock Exchange. Research Journal of Finance and Accounting, Vol. 6, No. 3: 100-106.

Oktovianti, T. & Agustia, D. 2012. Influence of the Internal Corporate Governance and Leverage Ratio to the Earnings Management. Journal of Basic and Applied Scientific Research, Vol. 2, No. 7: 7192-7199.

Patrick, E.A. ,Paulinus, E.C., & Nympha, A.N. 2015. The Influence of Corporate Governance on Earnings Management Practices: A Study of Some Selected Quoted Companies in Nigeria. American Journal of Economics, Finance and Management, Vol. 1, No. 5: 482-493.

Rahman, R.A & Ali, F.H.M. 2006. Board, Audit Committee, Culture and Earnings Management: Malaysian Evidence. Managerial Auditing Journal, Vol. 21, No. 7: 783–804.

Soliman, M. M. & Ragab, A.A. 2014. Audit Committee Effectiveness, Audit Quality and Earnings Management: An Empirical Study of the Listed Companies in Egypt. Research Journal of Finance and Accounting, Vol. 5, No. 2: 155-165.

Sudjatna, D.M. 2015. Pengaruh Struktur Kepemilikan, Keaktifan Komite Audit, dan Kualitas Audit terhadap Manajemen Laba. Diponegoro Journal of Accounting, Vol. 4, No. 4: 1-8.

Sun, L. & Rath, S. 2010. Earnings Management Research: A Review of Contemporary Research Methods. Global Review of Accounting and Finance, Vol. 1, No. 1: 121 – 135.

Supriatna, H. 2014. Pengaruh Kualitas Audit dan Faktor Lainnya Terhadap Manajemen Laba. Jurnal Bisnis dan Akuntansi, Vol. 16, No. 1a: 23-42.

Swastika, D.L.T. 2013. Corporate Governance, Firm Size, and Earning Management. IOSR Journal of Business and Management, Vol. 10, No. 4: 77-82.

Ujiyantho, M.A. & Pramuka, B.Z. 2007. Mekanisme Corporate Governance, Manajemen Laba dan Kinerja Keuangan: Studi pada Perusahaan Go Publik Sektor Manufaktur. Simposium Nasional Akuntansi X: 1-26.

Uwuigbe, U., Uwuigbe, O.R., & Bernard, O. 2015. Assessment of The Effects of Firms’ Characteristics on Earnings Management of Listed Firms in Nigeria. Asian economic dan financial review, Vol. 5, No. 2: 218-228.

Vafeas, N. 1999. Board Meeting Frequency and Firm Performance. Journal of Financial Economics, Vol. 53, No. 1: 113–142.

Warfield, T.D., Wild, J.J, & Wild, K.L. 1995. Managerial Ownership, Accounting Choices, and Informativeness of Earnings. Journal of Accounting and Economics, Vol. 20:61-91.

Wardani, D.K. & Isabela, P.D. 2017. Pengaruh Strategi Bisnis Dan Karakteristik Perusahaan Terhadap Manajemen Laba. JRAK, Volume 13, No. 2.

Watts, R.L. & Zimmerman, J.L. 1986. Agency Problems, Auditing, and the Theory of the Firm: Some Evidence. Journal of Law and Economics, Vol 26, No. 3: 613–633.

Widyaningsih, H. 2017. Pengaruh Corporate Governance Terhadap Manajemen Laba. Jurnal Nominal, Vol. 6, No. 2: 91-107.

Wiyadi, R.T, Sasongko, N. & Fauzi, I. 2015. The Effect of Information Asymmetry, Firm Size, Leverage, Profitability, and Employee Stock Ownership on Earnings Management with Accrual Model. International Journal of Business, Economics and Law, Vol. 8, No. 2: 21-30.

Yang, J.S. & Krishnan, J. 2005. Audit Committees and Quarterly Earnings Management. International Journal of Auditing, Vol. 9, No. 3: 201–219.

Yuliana, A. & Trisnawati, I. 2015. Pengaruh Auditor dan Rasio Keuangan terhadap Manajemen Laba. Jurnal Bisnis dan Akuntansi, Vol. 17 No.1: 33–45.




DOI: https://doi.org/10.36766/ijag.v4i1.62

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.