PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE DAN INDEPENDENSI AUDITOR TERHADAP MANAJEMEN LABA
Abstract: The purpose of this
research is to examine the influence of good corporate governance mechanisms
like institutional ownership, managerial ownership, independent directors and
audit committee towards earnings management in manufacturing companies. As well
as to test the influence of auditor’s independency towards earnings management
in manufacturing companies. Leverage, audit quality, profitability and
company’s size used as control variable. The population in this study consists
of all listed firms in Indonesia Stock Exchange in year 2010-2014. Sampling
method used is purposive sampling. Based on the sampling criteria established
that the companies that have the managerial ownership, as well as independent
directors during the years 2010 to 2014 obtained by 45 companies. By using the
method of merging data during 5 years of observation were obtained by 45 x 5 or
obtained as many as 225 periods of data observations. After going through the
stage of data processing, there are 11 outliers that should be excluded from
the sample, so that the proper amount of the final sample is observed that as
many as 214 of data observations. Data were analyzed using multiple regression
analysis. The empirical result of this study show that institutional ownership
and managerial ownership have positively significant influenced on earnings
management. Independent directors has negatively significant influenced on
earnings management. Audit committee and auditor’s independency had no
significant influenced on earnings management.
Keywords: good corporate
governance mechanisms, auditor’s independency, leverage, audit quality,
profitability, company’s size, earnings management
Penulis: Fachrony, Herry Laksito
Kode Jurnal: jpakuntansidd150703
