Pengaruh Penerapan Mekanisme Good Corporate Governance Terhadap Praktik Manajemen Laba Pada Perusahaan Manufaktur Yang Terdaftar  Di Bursa Efek Indonesia

AbstractThe conflict of interest between agent and principal, asymmetrical information and accounting method selection are able to be used by the manager to do earning management practices. However, it could be reduced by practicing the good corporate governance mechanism which can adjust agent and principal’s interest. The objective of this study is to test the effect of good corporate governance mechanism, as reflected by institutional ownership, managerial ownership, presence of independent board and audit committee existence on the earnings management practice. Using sample from 62 companies in the manufacturing sector at the Jakarta Stock Exchange, which publish financial statement from 2005-2006. This study shows that good corporate governance mechanism insignificantly influence earnings management practice simultaneously. We can infer that mechanism haven’t succeeded to minimize the earnings management practices.

Download Full-text

THE EFFECT OF CORPORATE GOVERNANCE MECHANISM ON EARNINGS MANAGEMENT PRACTICE (Case Study on Indonesia Manufacturing Industry)

Jurnal Bisnis dan Akuntansi ◽

10.34208/jba.v15i2.146 ◽

2018 ◽

Vol 15 (2) ◽

pp. 157-167 ◽

Cited By ~ 1

Author(s):

YULIUS KURNIA SUSANTO

Keyword(s):

Earnings Management ◽

Audit Committee ◽

Manufacturing Industry ◽

Stock Exchange ◽

Management Practice ◽

Company Performance ◽

Governance Mechanism ◽

Manufacturing Companies ◽

Corporate Governance Mechanism ◽

Equity Ratio

The purpose of the research is to get empirical evidence about institutional ownership, management ownership, directors’ size, audit committee, independent commissioner, leverage, profitability, firm size, auditor’s independency and auditor’s reputability on earnings management practice. This research used 53 manufacturing companies listed in Indonesia Stock Exchange and the data were collected through purposive sampling method during the research period 2009 until 2011. The result of the research showed that audit committee, independent commissioner and debt to equity ratio had influence on earnings management practice. The results of this study indicate that the audit committee and independent commissioner overseeing management in reporting of company performance through financial statements. In addition, companies that source of funding more debt than equity is more likely to make an earnings management.

Download Full-text

The Effect of Good Corporate Governance Mechanism On The Financial Performance of Banking Companies Listed In Stock Exchange Indonesia 2012-2016

JOURNAL OF APPLIED MANAGERIAL ACCOUNTING ◽

10.30871/jama.v3i2.1552 ◽

2019 ◽

Vol 3 (2) ◽

pp. 273-287

Author(s):

Desi Pipian Pujakusum

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Board Of Directors ◽

Audit Committee ◽

Stock Exchange ◽

Governance Mechanism ◽

Return On Assets ◽

Good Corporate Governance ◽

The Board Of Directors ◽

Corporate Governance Mechanism

This study aims to examine the effect of good corporate governance mechanism on the financial performance of banking companies listed on the Indonesian Stock Exchange 2012-2016 period. The corporate governance mechanism is proxied by the size of the board of directors, the size of the board of commissioners, audit committee size, the board of director's education, and the board of commissioner’s education. The company's financial performance is proxied by return on assets (ROA). Samples were taken by using purposive sampling. The total number of samples used in this study amounted to 180 research samples. This study was tested with SPSS 20 program. Data analysis technique used in this research is simple regression analysis. The results showed that the size of the board of directors, the size of the board of commissioners, and audit comitee size have a significant effect on return on assets. These three factors have a significant effect on return on assets, while the board of commissioners education and the board of director's education have no significant effect on return on assets.

Download Full-text

The effect of good corporate governance mechanism and leverage on the level of accounting conservatism

The Indonesian Accounting Review ◽

10.14414/tiar.v6i1.854 ◽

2017 ◽

Vol 6 (1) ◽

pp. 67

Author(s):

Habiba Habiba

Keyword(s):

Corporate Governance ◽

Audit Committee ◽

Stock Exchange ◽

Accounting Conservatism ◽

Managerial Ownership ◽

Governance Mechanism ◽

Manufacturing Companies ◽

Comprehensive Income ◽

Good Corporate Governance ◽

Corporate Governance Mechanism

Accounting conservatism is a condition where a company acknowledges the debts and costs more quickly, but on the other hand, the company acknowledges the income and assets more slowly. Some factors that can affect the accounting conservatism are stan-dards changes, corporate governance, and so forth. The purpose of this study is to analyze the effect occurring on the variable of accounting conservatism when using comprehensive income and income for the current year in manufacturing companies listed on the Indonesian Stock Exchange in 2012 and 2013. The variables studied are institutional ownership, managerial ownership, the existence of audit committee, the number of audit committee meetings, and leverage. The statistical method used in this study is multiple regression analysis. The results of this study indicate that institu-tional ownership, managerial ownership, and the number of audit committee meetings do not have significant effect on accounting conservatism when using comprehensive income and income for the current year, but the variables of the existence of audit committee and leverage have significant effect on accounting conservatism when using comprehensive income and income for current the year.

Download Full-text

Analisis Struktur Kepemilikan dan Good Corporate Governance terhadap Manajemen Laba pada Perusahaan di Bursa Efek Idonesia

Jurnal Ekobistek ◽

10.35134/ekobistek.v10i4.220 ◽

2021 ◽

pp. 220-225

Author(s):

Jova Yolanda ◽

Dian Efriyenti

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Board Of Directors ◽

Audit Committee ◽

Stock Exchange ◽

Management Practice ◽

Institutional Ownership ◽

Audit Committees ◽

Good Corporate Governance ◽

The Board Of Directors

Earnings management practice is the decision to choose a particular accounting method that can achieve the goal of increasing reported profits or reducing investment losses. Misappropriation of financial statements by management can affect the amount of reported income. This study aims to determine whether ownership structure and good corporate governance have a significant influence on earnings management. The study was conducted on pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange (IDX) in a row for the 2016-2020 period. The sample technique used is purposive sampling, so as many as 7 samples of companies are used. The data testing method uses multiple linear analysis. The results of the data test show that partially institutional ownership has a negative and significant effect on earnings management, independent commissioners, the audit committee, and the board of directors has a negative but not significant effect on earnings management. Simultaneously the results state that institutional ownership, independent commissioners, audit committees, and the board of directors have an effect but not significantly on earnings management.

Download Full-text

Good corporate governance and earnings management in Indonesian initial public offerings

Corporate Ownership and Control ◽

10.22495/cocv13i4c4p5 ◽

2016 ◽

Vol 13 (4) ◽

pp. 558-565

Author(s):

Tatang Ary Gumanti ◽

Ari Sita Nastiti ◽

Ayu Retsi Lestari

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Initial Public Offerings ◽

Management Practices ◽

Governance Mechanism ◽

Public Offerings ◽

Listed Firms ◽

Good Corporate Governance ◽

Corporate Governance Mechanisms ◽

Corporate Governance Mechanism

This study investigates the relationship between corporate governance mechanisms and earnings management (as measured by discretionary current accruals) for Indonesian IPO firms. Previous studies have mainly focused on an examination of the effect of corporate governance on the earnings management of publicly traded firms, whilst this study examines newly listed firms. It employs a modified Jones model to measure earnings management as developed by Tykvova (2006). The hypothesis predicts that Indonesian IPO firms with good corporate governance will engage in less earnings management in the periods prior to the IPO year. The sample consists of 75 IPOs and the results show that the proportion of board of commissioners, public ownership, institutional ownership and managerial ownership constrain the extent of earnings management of IPO firms. This study contributes to the literature in showing that corporate governance mechanism is an important determinant in earnings management practices for Indonesian IPO firms.

Download Full-text

KONTRIBUSI GOOD CORPORATE GOVERNANCE UNTUK MENGURANGI TERJADINYA AUDIT DELAY

Jurnal Penelitan Ekonomi dan Bisnis ◽

10.33633/jpeb.v4i2.2401 ◽

2019 ◽

Vol 4 (2) ◽

pp. 78-88

Author(s):

Gustita Arnawati Putri

Keyword(s):

Corporate Governance ◽

Regression Analysis ◽

Audit Committee ◽

Stock Exchange ◽

Institutional Ownership ◽

Analysis Tool ◽

Governance Mechanism ◽

Good Corporate Governance ◽

Research Findings ◽

Corporate Governance Mechanism

The delay of audit report being able to mislead stakeholders, especially investors in taking decision is the main issue of the research. The research objective is to prove empirically contribution of good corporate governance mechanism to decrease the audit delay. Banking companies listed in Indonesia stock exchange within 2011-2013 are the samples of the research. Multiple regression analysis, preceded by classical assumption test is used as analysis tool in the research. The research findings partially showed that managerial and institutional ownership did not affect to audit delay, while proportion of independent commissionairy boards significantly affected to audit delay. Nevertheless, simultaneously managerial and institutional ownership as well as proportion of independent commissionary boards and the number of audit committee significantly affected to audit delay.

Download Full-text

PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN KELUARGA YANG TERDAFTAR DI BEI PERIODE TAHUN 2013-2017

Kajian Bisnis STIE Widya Wiwaha ◽

10.32477/jkb.v27i2.51 ◽

2019 ◽

Vol 27 (2) ◽

pp. 109-118

Author(s):

Intan Ariningtyas Junaidi ◽

Nurfauziah Nurfauziah

Keyword(s):

Corporate Governance ◽

Audit Committee ◽

Sampling Method ◽

Stock Exchange ◽

Positive Influence ◽

Governance Mechanism ◽

Book Value ◽

Company Value ◽

Good Corporate Governance ◽

Corporate Governance Mechanism

The purpose of this study was to determine the effect of the application of good corporate governance to the value of the company in family businesses. In this study the sample used was 50 family companies listed on the Indonesia Stock Exchange in 2013-2017. This sample uses a purposive sampling method based on predetermined criteria. The corporate governance mechanism used is an independent board of commissioners and an audit committee. The company value is calculated using the book value (PBV). In testing hypotheses, the method used is multiple regression analysis. The results of this study indicate that if the independent board of commissioners has no influence on the value of the company measured using the book value of prices and the audit committee has a positive influence on the value of the company measured using the book value of prices.

Download Full-text

Corporate Governance, Earnings Management dan Kinerja Perbankan di Indonesia

Jurnal Manajemen Bisnis ◽

10.38043/jmb.v16i1.2020 ◽

2019 ◽

Vol 16 (1) ◽

pp. 68

Author(s):

Made Ratih Baskaraningrum ◽

Agus Fredy Maradona

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Audit Committee ◽

Management Practices ◽

Banking Industry ◽

Stock Exchange ◽

Institutional Ownership ◽

Audit Committees ◽

Managerial Ownership ◽

Good Corporate Governance

ABSTRACT The purpose of this research is to investigate the concept of the importance of the role of good corporate governance in the banking industry in Indonesia. Specifically, this study intends to examine whether good corporate governance plays a role in improving company performance, especially by limiting earnings management practices. This study focuses on banking companies in Indonesia that are listed on the Indonesia Stock Exchange (IDX). Determination of company samples in this study was carried out by purposive sampling method, with the criteria of banking companies listed on the Indonesia Stock Exchange during the 2014-2016 period. The data collection method used in this study was the method of documentation study. The data analysis method used is Path Analysis.The results of the Square Multiple Correlation for earnings management amounted to 0.795 and banking performance was 0.860, so for earnings management variables influenced by managerial ownership, institutional ownership, the size of the independent board of commissioners, the audit committee amounted to 79.5%. While banking performance variables are influenced by managerial ownership, institutional ownership, board of commissioners size, the proportion of independent commissioners, audit committees and earnings management is 86%. Empirical benefits in research are about the application of corporate governance, earnings management and financial performance in the banking industry in Indonesia. The practical benefits in this study can provide benefits for companies in the application of appropriate corporate governance and benefits for investors who invest their capital in the company and can also be taken into consideration for companies to reduce profit management in the company so as to improve banking performance in Indonesia.

Download Full-text

PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP MANAJEMEN LABA

Jurnal Reviu Akuntansi dan Keuangan ◽

10.22219/jrak.v7i2.20 ◽

2017 ◽

Vol 7 (2) ◽

pp. 1067 ◽

Cited By ~ 1

Author(s):

Yusuf Mangkusuryo ◽

Ahmad Waluya Jati

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Audit Committee ◽

Managerial Ownership ◽

Governance Mechanism ◽

Test Results ◽

Institutional Leadership ◽

Good Corporate Governance ◽

Corporate Governance Mechanism ◽

Independent Audit

This study aimed to determine the effect of Good Corporate Governance mechanism towardearnings management that is proxied with discretionary accruals (DTA). The GCG mechanismis proxied with managerial ownership (KM), institutional leadership (KI), independent board ofcommissioner (DKI) and independent audit committee (KAI). The sample used in this studywere 11 companies registered in CGPI for three years starting from 2013 to 2015.To knowwhether the above GCG variables have an effect on earnings management, multiple linearregression test using SPSS 2.1 program. The test results show that only managerial ownershipvariables has significantly influence to earnings management. While other variables such asinstitutional ownership (KI), independent board of commissioner (DKI), and independent auditcommittee (KAI) have no significant effect to earnings management.Keyword: Good Corporate Governance, managerial ownership, institusional leadership, independent board of commisioner, independent audit committee, earning management.

Download Full-text

Pengaruh Kualitas Auditor dan Good Corporate Governance terhadap Manajemen Laba pada Perusahaan Publik Sektor Manufaktur yang Terdaftar di Bursa Efek Indonesia

Jurnal Manajemen Bisnis dan Kewirausahaan ◽

10.24912/jmbk.v5i6.14948 ◽

2021 ◽

Vol 5 (6) ◽

pp. 568

Author(s):

Reynard Reynard ◽

Carunia Mulya Firdausy

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Audit Committee ◽

Stock Exchange ◽

Manufacturing Sector ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Probability Sampling ◽

Good Corporate Governance ◽

Auditor Quality

This research aims to examine the influence of auditor quality and good corporate governance on earnings management in a public company in the manufacturing sector listed on the Indonesia Stock Exchange. The sample of this study was collected by using a non-probability sampling method consisting of 153 observations. To analyze the data, a multiple linear regression analysis was employed. The results showed that auditor quality, managerial ownership, institutional ownership, independent commissioner, and audit committee have no significant influences on earnings management. Therefore, further studies need to seek other variables to improve the regression model. Penelitian ini bertujuan untuk menguji pengaruh dari kualitas auditor dan good corporate governance terhadap manajemen laba pada perusahaan publik sektor manufaktur yang terdaftar di Bursa Efek Indonesia. Sampel ini dikumpulkan dengan menggunakan metode non-probability sampling yang terdiri dari 153 pengamatan. Untuk menganalisis data digunakan analisis regresi linier berganda. Hasil penelitian menunjukan bahwa kualitas auditor, kepemilikan manajerial, kepemilikan institusional, komisaris independen dan komite audit tidak memiliki pengaruh terhadap manajemen laba. Oleh karena itu, untuk penelitian selanjutnya perlu mencari variabel lain untuk memperbaiki model regresi tersebut.

Download Full-text