The Effect of Cash Holding, Firm Size, and Financial Leverage to Earning Management in State-Owned Enterprises (SOEs)

This research was conducted to determine the simultaneous and partial influence between cash holding, firm size, and financial leverage on earnings management in SOEs Companies listed on the Indonesia Stock Exchange during 2012-2018. The method in this study used a quantitative method. This research uses descriptive research with case study research type. The sampling technique in this study used a purposive sampling technique by obtaining 12 sample companies with a period of 7 years to obtain 84 sample units. This research used a logistic regression analysis method using SPSS 25.0 software. The results of this study indicate that cash holding variables, firm size, and financial leverage simultaneously have a significant effect on earnings management. While partially, cash holding variables, firm size, and financial leverage do not affect earnings management.

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STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING. (STUDI KASUS PADA PERUSAHAAN MANUFAKTUR SEKTOR INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BEI PERIODE 2016-2018).

JURNAL ILMIAH EDUNOMIKA ◽

10.29040/jie.v4i02.1219 ◽

2020 ◽

Vol 4 (02) ◽

Author(s):

Anindiya Mustika Gunarwati ◽

Siti Maryam ◽

Sudarwati Sudarwati

Keyword(s):

Capital Structure ◽

Firm Size ◽

Firm Value ◽

Stock Exchange ◽

Sampling Technique ◽

Company Size ◽

Manufacturing Companies ◽

Descriptive Research ◽

Company Value ◽

Quantitative Descriptive

The purpose of this study was to determine the effect of Capital Structure and Firm Size on Firm Value with Profitability as Intervening Variables. (Case Study on Manufacturing Companies in the Consumer Goods Industry Sector which are listed on the Indonesia Stock Exchange for the 2016-2018 Period). This research uses quantitative descriptive research type. Sample 27 companies using Purposive sampling technique. The analysis method uses path analysis with SPSS software version 21.Based on the test result min this study that the variable capital structure and company size have a positive and significant effect on profitability. Capital structure has no effect on firm value, firm size and profitability affect company value, and profitability is able to mediate the effect of capital structure and firm size on firm value. Keywords: capital structure, company size, profitability and firm value.

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Examining the Factors Affecting Firm Values : The Case of Listed Manufacturing Companies In Indonesia

Journal of Accounting Research, Organization and Economics ◽

10.24815/jaroe.v3i1.15532 ◽

2020 ◽

Vol 3 (1) ◽

pp. 62-72

Author(s):

Erika Diana

Keyword(s):

Earnings Management ◽

Firm Value ◽

Stock Exchange ◽

Annual Reports ◽

Company Size ◽

Cash Holding ◽

Manufacturing Companies ◽

Financial Leverage ◽

Factors Affecting ◽

Panel Data Regression

Objective – This study aims to examine the effect of cash holding, earnings management, profitability, company size, and financial leverage on firm value in manufacturing companies listed on the Indonesia Stock Exchange in 2016-2018. Design/methodology – This study used hypothesis testing. Samples were selected using purposive sampling as many as 82 companies. Data obtained from annual reports and analyzed using panel data regression analysis method. Results – The results showed that cash holding, earnings management, and profitability as inde-pendent variables, company size and financial leverage as control variables jointly affect the value of the company. Partially, earnings management has no effect on firm value, while cash holding, profitability, company size, and financial leverage have an effect on firm value.

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THE INFLUENCE OF CORPORATE GOVERNANCE, COMPANY SIZE, AND LEVERAGE TOWARD EARNING MANAGEMENT

Jurnal Akuntansi Trisakti ◽

10.25105/jat.v6i1.4869 ◽

2019 ◽

Vol 6 (1) ◽

pp. 19

Author(s):

Mayasari Mayasari ◽

Ayu Yuliandini ◽

Intan Indah Permatasari

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Firm Size ◽

Stock Exchange ◽

Sampling Technique ◽

Earning Management ◽

Managerial Ownership ◽

Company Size ◽

Negative Effect ◽

Positive Effect

The purpose of this study is to examine the influence of GCG variables, firm size, and leverage on earnings management. The sample used is 35 public listed property and real estatecompanies in the Indonesia Stock Exchange (IDX) from 2015 until 2017. The sampling technique uses purposive sampling. This study uses multiple regression. The results of the analysis showed that managerial ownership does not have a negative effect on earnings management but oppositely, it has a positive effect on earnings management, while company size does not have any effect on earning management.

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MEKANISME GOOD CORPORATE GOVERNANCE, UKURAN PERUSAHAAN, STRUKTUR KEPEMILIKAN MANAJERIAL DAN LEVERAGE PADA MANAJEMEN LABA PADA EMITEN PERBANKAN DI BURSA EFEK INDONESIA

Jurnal Riset Manajemen dan Bisnis ◽

10.21460/jrmb.2015.101.352 ◽

2015 ◽

Vol 10 (1) ◽

pp. 1

Author(s):

Rowland Pasaribu ◽

Dionysia Kowanda ◽

Muhammad Firdaus

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Firm Size ◽

Audit Committee ◽

Audit Quality ◽

Stock Exchange ◽

Sampling Technique ◽

Earning Management ◽

Managerial Ownership ◽

Good Corporate Governance

ABSTRACT This reseach amied at knowing the influence of audit quality, propotion of independent commissioner, audit committe, firm size, managerial ownership and leverage. It used purposive sampling technique or choosing samples based on certain criteria. The sample of this research was 25 companies of banking industry in indonesia stock exchange period 2008-2012. Descriptive analysis, classical test, as well as multiple linear regression by examining the hypothesis using SPSS 20.0 were used to analyzed the data. The result shows that (1) all independent variables simultaneously hasinfluence on earnings management; (2) however partially audit committee, audit quality, managerial ownership and leverage do not affect significantly to earnings management; (3) only firm size and independent commissioner that affect significantly to earning management. Keywords: Earning Management, Good Corporate Governance, Firm Size, BankingABSTRAK Penelitian ini bertujuan untuk menganalisis dan menguji secara empiris signifikansi parsial dan simultan dari kualitas audit, komisaris independensi audit, komite audit, ukuran perusahaan, struktur kepemilikan, dan leverage terhadap manajemen laba pada emiten perbankan di bursa efek Indonesia periode 2008-2012. Teknik analisis yang digunakan adalah multiregresi. Hasil studi menunjukkan bahwa secara simultan seluruh variabel independen berpengaruh signifikan sedangkan secara parsial hanya ukuran perusahaan dan komisi independensi audit yang berpengaruh signifikan terhadap manajemen laba. Kata Kunci: Manajemen Laba, Mekanisme Tata Kelola, Ukuran Perusahaan, Perbankan,

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Faktor-Faktor Yang Mempengaruhi Income Smoothing Pada Perusahaan Manufaktur Periode 2014-2016

Jurnal Ekonomi ◽

10.24912/je.v23i3.422 ◽

2018 ◽

Vol 23 (3) ◽

pp. 347

Author(s):

William Sanjaya, Lukman Suryadi

Keyword(s):

Logistic Regression ◽

Empirical Research ◽

Firm Size ◽

Sampling Method ◽

Stock Exchange ◽

Negative Influence ◽

Income Smoothing ◽

Cash Holding ◽

Manufacturing Companies ◽

Financial Leverage

The purpose of this empirical research is to examine the effect of firm size, financial leverage, profitability, and cash holding against income smoothing in the manufacturing companies listed on the Indonesia Stock Exchange from 2014-2016. This research uses 63 manufacturing companies that were selected using purposive sampling method for a total of 189 data in three years.In this study, the hypotheses test is performed using the logistic regression model.The results showed that profitability, cash holding and firm size has no effect on income smoothing. Financial Leverage has a negative influence on income smoothing.

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Pengaruh Strategi Bisnis, Financial Leverage Terhadap Manajemen Laba Dengan Corporate Governance Sebagai Variabel Moderasi

JURNAL EKSPLORASI AKUNTANSI ◽

10.24036/jea.v3i1.342 ◽

2021 ◽

Vol 3 (1) ◽

pp. 203-217

Author(s):

Husnaini Dwi Wanri ◽

Erinos NR

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Business Strategy ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Real Earnings Management ◽

Manufacturing Companies ◽

Financial Leverage ◽

Strategy Variables

This study aims to examine the effect of business strategy and financial leverage as moderated by corporate governance in predicting real earnings management. This type of research is a causal association with a quantitative approach. The population used in this study are all manufacturing companies listed in Bursa Efek Indonesia 2016-2019. The sampling technique in this study using the purposive sampling technique, there are 80 manufacturing companies used as research samples. The business strategy variables are measured by the cost leadership strategy model for the current year. Earnings management variables are calculated by aggregating the triggering factors for earnings management, namely sales manipulation, overproduction, and discretionary spending. The leverage variable is calculated by the ratio of debt to assets and the moderating variable is measured by the proportion of share ownership by the managerial party. The data used in this study is secondary data obtained from the company's financial statements obtained from the official website of the Indonesia Stock Exchange and the official website of each company. The analytical method used is the multiple regression method which is processed using the SPSS 16 application. The results show that business strategy, financial leverage has a significant positive effect on real earnings management, CG can increase or weaken the relationship between business strategy, leverage on real earnings management but not significantly

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Pengaruh Financial Leverage, Kualitas Audit Dan Pertumbuhan Perusahaan Terhadap Manajemen Laba

Jurnal Ecogen ◽

10.24036/jmpe.v4i2.11056 ◽

2021 ◽

Vol 4 (2) ◽

pp. 317

Author(s):

Febria Hanisa ◽

Elvi Rahmi

Keyword(s):

Earnings Management ◽

Audit Quality ◽

Stock Exchange ◽

Sampling Technique ◽

Financial Service ◽

Financial Leverage ◽

Service Companies ◽

Result Show ◽

Sample Technique ◽

Company Growth

The purpose of this study was to determine the effect of financial leverage, audit quality and corporate growth simultaneously and partially on earnings management in non-financial service companies listed on the Indonesia Stock Exchange (Bursa Efek Indonesia: BEI) in 2016-2018. This type of research is causative. The subjects and objects in this research are non-financial service companies listed on the IDX during 2016 to 2018, amounting to 298 companies. This research uses purposive sampling technique and 93 companies were used as the sample technique. The Data collection techniques uses documentation techniques. Method is used regression analysis. Based on the results found simultaneously significant test (together) there is a significant influence between the variables of financial leverage, audit quality and company growth on earnings management. Partially significant test result show that financial leverage has no significant effect on earnings management, audit quality has a significant management and company growth has a significant effect on management. Regarding management, it is expected that investors and the public will be more careful in reading information in financial statements so that later there are no mistaken in making a decision to invest..Keywords : financial leverage, audit, growth, earning management

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PENGARUH FREE CASH FLOW DAN FINANCIAL LEVERAGE TERHADAP MANAJEMEN LABA DENGAN GOOD CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERASI

SIMAK ◽

10.35129/simak.v18i02.149 ◽

2020 ◽

Vol 18 (02) ◽

pp. 118-134

Author(s):

Jihana Safira Tualeka ◽

Tenriwaru Tenriwaru ◽

Ummu Kalsum

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Cash Flow ◽

Stock Exchange ◽

Sampling Technique ◽

Free Cash Flow ◽

Financial Leverage ◽

Purposive Sampling ◽

Good Corporate Governance

This research aimed to examine whether free cash flow and financial leverage affected profit management and whether good corporate governance as a moderating variable moderated the effect of free cash flow and financial leverage on profit management on textile and garment companies listed on the Indonesia Stock Exchange in the period 2016-2018. This study used sample of 16 companies from the textile and garment listed on the Indonesia Stock Exchange for the period of 2016-2018, and used a purposive sampling technique. Based on the results of research conduct shows that free cash flow has a negative and significant effect on earnings management. Financial leverage has a negative and not significant effect on earnings management. Good corporate governance can moderate or strengthen the influence between free cash flow and profit management. And good corporate governance can moderate or strengthen the influence between financial leverage and profit management.

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EARNINGS MANAGEMENT : Empirical Study of LQ45 Companies Listed

Management and Entrepreneurship Research Review ◽

10.35899/merr.v1i1.79 ◽

2020 ◽

Vol 1 (1) ◽

pp. 8-14

Author(s):

Risma Agustiani ◽

Ridwan Maulana ◽

Wita Wahyuni Subangkit

Keyword(s):

Earnings Management ◽

Management Practices ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Sampling Technique ◽

Coefficient Of Determination ◽

Company Size ◽

Research Subjects ◽

Financial Leverage ◽

Significance Level

Purpose- This study aims to explore earnings management in LQ45 companies listed on the Indonesia Stock Exchange in 2011-2015. The factors tested in this study are profitability, financial leverage and company size as the independent variable, while earnings management as the dependent variable. Design/Methodology/Approach- The population in this study consisted of 45 companies included in LQ45 on the Indonesia Stock Exchange in the 2011-2015 period. The research sample consisted of 22 companies using a sampling technique that is purposive judgment sampling. The data used is secondary data. The analytical method used in this research is multiple linear regression analysis. The conclusion of the hypothesis is done by observing the coefficient of determination by considering the results of the significant test that is the t-test and F-test significance level of 5%, which first have been tested classical assumptions such as normality test, multicollinearity test, heteroscedastity test, and autocorrelation test. All statistical calculations in this study were carried out using SPSS version 21.0. Findings- Based on the results of the study showed that partially only financial leverage variables that significantly influence earnings management, while profitability and company size variables did not significantly influence earnings management. Simultaneously profitability, financial leverage and firm size significantly influence earnings management. Research Limitations/Implications- This study has several limitations, including the following: 1) Research subjects are limited to companies included in LQ45 companies listed on the ID. 2) The research year is limited only during the 2011-2015 period. 3) The research variables only use three independent variables, namely profitability, financial leverage, and company size. Practical Implications- The advice that researchers can convey based on the results of research that has been done is: 1) For the company, it is suggested that the company be more effective and efficient in carrying out company activities in order to reduce earnings management practices so that the company can demonstrate its performance appropriately. 2) For investors, the results of the study show that earnings management practices can be influenced by the amount of financial leverage. It is therefore recommended to consider ratios in investment decision making. Originallity / Value- The results of this study are not in accordance with the study which states that simultaneous company size, profitability, and financial leverage do not have a significant effect on the dependent variable, namely earnings management.

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Analisis Faktor- Faktor yang Memengaruhi Nilai Perusahaan di Sektor Properti dan Real Estate Terdaftar di Bursa Efek Indonesia pada Tahun 2014 - 2018

Jurnal Manajemen Bisnis dan Kewirausahaan ◽

10.24912/jmbk.v4i6.9791 ◽

2020 ◽

Vol 4 (6) ◽

pp. 246

Author(s):

Andy Andy ◽

Suwinto Johan

Keyword(s):

Real Estate ◽

Capital Structure ◽

Firm Size ◽

Firm Value ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Positive Influence ◽

Descriptive Research ◽

Independent Variable

The main issues examined in this study are the effect of profitability, capital structure, and firm size on firm value. The type of research used is descriptive research. The population in this study are all property and real estate companies listed on the Indonesia Stock Exchange, amounting to 55 companies. The sampling technique was determined by purposive sampling so that 24 companies could be sampled. The data used in this study are secondary data. The dependent variable is firm value and the independent variable is profitability of capital structure, and firm size. The analytical model used is multiple linear regression analysis.From the results of hypothesis testing it is found that: First, profitability has a significant effect on firm value with a sig value of 0,000 <α = 0.05. Second, capital structure affects the value of the company with a sig value of 0.024 <α = 0.05. Third, the size of the company affects the value of the company with a sig value of 0.699> α = 0.05. Fourth, profitability, capital structure, and company size significantly influence the value of the company with sig 0,000 <α = 0.05.Based on the results of the study, researchers suggest to companies 1. In order to continue to increase profits so that profitability with increased profitability will affect the increase in firm value. 2. In order to be able to maintain its capital structure in order to be able to influence the value of the company. In addition the company must also maintain assets because with high assets will increase the value of ln total assets so that the size of the company will be high which will have a positive influence on the value of the company.

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