The Influence of Good Corporate Governance on Earning Management on Manufacturing Company Listed In Indonesia Stock Excahange
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Abstract
This study aims to analyze the effect of good corporate governance on earning management in manufacturing company listed in Bursa Efek Indonesia for the period 2015 to 2020. The variables used in this study are managerial ownership, independent board of commissioners, institutional ownership, audit committee size and expertise. audit committee finance as an independent variable. Sampling using purposive sampling method, obtained a sample of 34 companies from 193 company populations with a total of 204 observations. The data used are the financial statements of each sample company, which are published through www.idx.co.id and www.invesnesia.com. The analytical method used in this study is a quantitative method, with classical assumption testing, as well as statistical analysis, namely multiple linear analysis. The results of the analysis show that simultaneously good corporate governance mechanisms, including managerial ownership, independent board of commissioners, institutional ownership, audit committee size and audit committee financial expertise have an effect on earning management. The results of the partial analysis show that the independent board of commissioners and the size of the audit committee have no effect on earning management, while managerial ownership, institutional ownership and financial expertise of the audit committee have a positive and significant effect on earning management.
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Sirait, Y. H., Rina Br Bukit and Sambas Ade Kesuma (2022) “The Influence of Good Corporate Governance on Earning Management on Manufacturing Company Listed In Indonesia Stock Excahange”, Jurnal Mantik, 6(3), pp. 2882-2891. doi: 10.35335/mantik.v6i3.3002.
References
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Fairus, M., & Sihombing, P. (2020). The Effect Of Good Corporate Governance Mechanism On Earnings Management Practices Of The Stubben Model (Study Case On Mining Sector Companies Listed On The Indonesia Stock Exchange 2014-2019). European Journal Of Business And Management Research, 5(6).
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Fitriana, N. L. (2019). Pengaruh Keahlian Komite Audit Terhadap Manajemen Laba Dengan Kualitas Audit Sebagai Variabel Pemoderasi. Doctoral Dissertation. Universitas Gadjah Mada.
Fitriani, F., & Herawaty, V. (2020). Pengaruh Struktur Kepemilikan Institusional, Struktur Modal Dan Kinerja Keuangan Terhadap Earning. Kocenin Serial Konferensi (E) Issn: 2746-7112, 1(1), 4-9.
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Gu, Z. & Jevons Lee. C. (1999). How Widespread is Earnings Management? The intra-year timing evidence. Working Paper, Carnegie Mellon University.
Gujarati, D. (2015). Ekonometrika Dasar. Erlangga : Jakarta.
Gunarto, K., & Riswandari, E. (2019). Pengaruh Diversifikasi Operasi, Kepemilikan Manajerial, Komite Audit Dan Kualitas Audit Terhadap Manajemen Laba. Akuntansi Berkelanjutan Indonesia. 2(3), 356-374.
Hamzah, H., & Mu'id, D. (2018). Pengaruh Keahlian Komite Audit Dan Jumlah Rapat Komite Audit Terhadap Manajemen Laba Dengan Moderasi Auditor Eksternal. Diponegoro Journal Of Accounting, 7(4).
Healy, P. M. & Wahlen, J. M. (1999). A Review Of The Earnings Management Literature And Implications For Standard Setting. Accounting Horizons. 13(4): 365–383.
Holthausen, R. W., Larcker, D. F., & Sloan, R. G. (1995). Annual bonus schemes and the manipulation of earnings. Journal of Accounting &Economics 19 (1):29-74..
Hunt, A., Moyer, S., & Shevlin, T. (2000). Earnings Volatility, Earnings Management, And Equity Value. Unpublished Working Paper. University Of Washington.
Iqbal, A., Zhang, X., & Jebran, K. (2015). Corporate Governance And Earnings Management: A Case Of Karachi Stock Exchange Listed Companies. Indian Journal Of Corporate Governance. 8(2), 103-118.
Irfan, M., & Isynuwardhana, D. (2019). Pengaruh Kepemilikan Manajerial, Leverage Dan Profitabilitas Terhadap Manajemen Laba. Eproceedings Of Management, 6(2). Case Of Bahrain. International Journal Of Accounting And Financial Reporting. 7(1), 11-31.
Kalbuana, N., Kurnianto, B., Saputro, R., Hendra, O., Utami, S., & Widagdo, R. A. (2020). The Effect Of Audit Quality, Managerial Ownership, Institutional Ownership, And Intellectual Capital Toward Earning Management On Transportation CorporationsIn Indonesia. Solid State Technology.63(5), 9176-9184.
Kamarudin, Khairul Anwar., & Ismail. (2014). The effects of audit committee attributes on fraudulent financial reporting. Journal of Modern Accounting and Auditing. 10(5), 508-514.
Khatri, Dhanesh., & Kumar. (2015). Creative Accounting Leading To Financial Scams Evidences From India And Usa. Journal Of Accounting, Business & Management. Vol 22. Iss 2. Pp 1-10.
Khosheghbal, M., Amiri, A., & Ali, H. (2017). Role Of Audit Committees And Board Of Directors In Reducing Earning Management Of Companies Listed In Tehran Stock Exchange. International Journal Of Economics And Financial Issues.7(6), 147.
Klein, A. (2002). Audit Committee, Board Of Director Characteristics, And Earnings Management. Journal of Accounting and Economics. 33(3), 375 - 400.
Kodriyah, K., Suprihatin, N. S., & Octaviani, S. (2017). Peran Dewan Pengawas Syariah, Komite Audit Dan Dewan Komisaris Dalam Mendeteksi Praktik Manajemen Laba. JAK (Jurnal Akuntansi) Kajian Ilmiah Akuntansi. 4(2).
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