PENGARUH CASH HOLDING, PROFITABILITAS, DAN NILAI PERUSAHAAN TERHADAP INCOME SMOOTHING (Studi Empiris Pada Perusahaan yang Terdaftar Di Bursa Efek Indonesia Tahun 2009-2011)
Abstract: This study aimed to
examine the effect of variable cash holding, positive changes in cash holding,
profitability, and firm value to income smoothing. Based on firm size measured
by using natural logarithm of total assets. This research refers to research
conducted Talebnia and Darvish ( 2012), the effect of cash holdings on income
smoothing in companies listed on the Tehran Stock Exchange. The sampling method
used in this research is purposive sampling, that is based on several criteria.
The sample of this study are 99 sample of manufacturing and service
companies (except financial service companies) listed in Indonesia Stock
Exchange (IDX) 2009-2011. The analysis method of this research using multiple
regression using SPSS 16. This study uses multiple regression analysis because
there is a control variable. This research also use difference of regression
coefficient test to examine differences between the two regression coefficients
of the independent variable of manufacture and service companies to income
smoothing.
Based on the results of research conducted indicates that the variable
holding cash, profitability, and firm size as control variables significantly
influence income smoothing. Different test results show that the profitability
of the regression coefficient for income smoothing has the effect of
differences between manufacturing and service companies, as profits in
manufacturing companies is more volatile, while profits in service firms is
relatively stable, so that the tendency to make greater income smoothing in
manufacturing companies .
Keywords: cash holding,
profitability, firm values, and income smoothing
Penulis: Yashinta Pradyamitha
Cendy, Fuad Fuad
Kode Jurnal: jpakuntansidd141162
