PENGARUH UKURAN PERUSAHAAN DAN PRAKTIK CORPORATE GOVERNANCE TERHADAP MANAJEMEN LABA

Henny Silviana, Simon Hariyanto, Marini Purwanto

Abstract


Agency theory arises when the owner (principal) hired management (agent) to provide a service and then delegate decision-making authority to the agent. When management has more company's internal information than the external parties, then there is asymmetry of information, where information asymmetry is more favorable to management. Misalignment of interests between the principal and agent caused a measure of earnings management. Earnings management can be efficient (improving keinformatifan earnings) are also opportunist (maximizing self-interest). Factors affecting the action of earnings management are company size and corporate governance practices. This study aimed to examine the effect of the independent variables on earnings management. The independent variable is the firm size, and corporate governance practices that include the managerial ownership, proportion of independent commissioners, reputation of the public accounting firm, and the existence of the audit committee. Object of this re-search is all the manufacturing companies listed on the Indonesia Stock Exchange in the year 2007- 2011. The sample used in this study were 56 companies selected by purposive sampling technique. Data analysis was performed by linear regression analysis. The results showed that the firm size, managerial ownership and the proportion of independent commissioners have significant negatively affect on earnings management, while the reputation of the public accounting firm and the existence of the audit committee did not significant negatively effect on earnings management.

Save to Mendeley


Keywords


Manajemen Laba; Ukuran Perusahaan, Kepemilikan Manajerial; Proporsi Dewan Komisaris Independen; Reputasi Kantor Akuntan Publik

Full Text:

Untitled

References


Anthony, R. N., and V. Govindarajan, 2006, Management Control System, Jakarta: Salemba Empat.

Boediono, G. SB., 2005, Kualitas Laba: Studi Pengaruh Mekanisme Corporate Governance dan Dampak Mana-jemen Laba Dengan Menggunakan Analisis Jalur, Simposium Nasional Akuntansi I VIII, IAI.

Carcello, J. V., C. W. Hollingsworth, A. Klein, and T. A. Neal, 2006, Audit Committe Financial Expertise, Competing Corporate Goverance Mechanisms and Earning Management, (http://papers.ssrn.com, diunduh 20 September 2012).

Effendi, M. A., 2005, Peranan Komite Audit dalam Meningkatkan Kinerja Perusahaan, Jurnal Akuntansi Pemerintah, 1, No. 1, Mei : 51-57.

Eisenhardt, K. M., 1989, Agency Theory: An Assessment and Review, The Academy of Management Review, Vol. 14, No. 1, January: 57-74.

Fama, E. F., dan M. C. Jensen, 1983, Separation of Ownership and Kontrol, Journal of Law and Economics, 26:301-325.

Ghozali, I., 2006, Aplikasi Analisis Multivariate dengan Program SPSS, Semarang: Badan Penerbit Universitas Diponegoro.

Gumanti, T. A., 2000, Earnings Management: Suatu Telaah Pustaka, Jurnal Akuntansi dan Keuangan, Vol. 2, No. 2, hal. 104- 115.

Imanta, D., dan R. Satwiko, 2011, Faktor-faktor yang Mempengaruhi Kepemilikan Managerial, Jurnal Bisnis dan Akuntansi, Vol.13, No. 1, April: 67-80.

Jones, J. J., 1991, Earnings Management during Import Relief Investigation, Journal of Accounting Research 29, hlm. 193-228.

Jensen, C. M., dan W. H. Meckling, 1976, Theory of the Firm: Managerial Behavior, Agency Costs and Owner-ship Structure, Journal of Financial Economics, V. 3, No. 4, October: 305-360.

Kaen, F. R., 2003, Blueprint for Corporate Governance, American Management Association, New York, USA.

Kaihatu T. S., 2006, Good Corporate Governance dan Penerapannya di Indonesia, Jurnal Manajemen dan Kewirausahaan, Vol 8, No 1, Maret: 1-9.

Lee, B. B., and B. Choi, 2002, Company Size, Auditor Type, and Earnings Management, Journal of Forensic Ac-counting, Vol. III, hlm. 27-50.

Meutia, I., 2004, Pengaruh Independensi Auditor Terhadap Manajemen Laba untuk KAP Big 5 dan Non Big 5, Jurnal Riset Akuntansi Indonesia, Vol. 7, No. 3, h 333-350.

Midiastuty, P. P., dan M. Machfoedz, 2003, Analisis Hubungan Mekanisme Corporate Governance dan Indikasi Manajemen Laba, Makalah SNA VI, hlm. 176-199.

Nasution, M., dan D. Setiawan., 2007, Pengaruh Corporate Governance Terhadap Manajemen Laba di Industri Perbankan Indonesia, Simposium Nasional X.

Nuryaman, 2008, Pengaruh Konsentrasi Kepemilikan, Ukuran Perusahaan, dan Mekanisme Corporate Gov-ernance terhadap Manajemen Laba, Simposium Nasional XI.

Palestin, H.S., 2006, Pengaruh Struktur Kepemilikan, Praktek Corporate Governance dan Kompensasi Bonus Terhadap Manajemen Laba (Studi Empiris di PT.Bursa Efek Indonesia).

Rahmawati, A., dan H. Triatmoko, 2007, Analisis Faktor-Faktor yang Mempengaruhi Kualitas Laba dan Nilai Perusahaan, Simposium Nasional X.

Rahmawati, Y. Suparno, N. Qomariyah, 2006, Pengaruh Asimetri Informasi Terhadap Praktik Manajemen Laba pada Perusahaan Perbankan Publik yang Terdaftar di Bursa Efek Jakarta, Simposium Nasional Akuntansi IX.

Saputro, A., Julianto dan L. Setiawati, 2004, Kesempatan Bertumbuh dan Manajemen Laba: Uji Hipotesis Political Cost, Jurnal Riset Akuntansi Indonesia, Vol 7,No.2,Hal. 251-263

Scott, W. R., 2006, Financial Accounting Theory, Third Edition, Canada:Pearson Education Inc.

Sanjaya, I.P.S., 2008, Auditor Eksternal, Komite Audit, dan Manajemen Laba, Jurnal Riset Akuntansi Indonesia, Vol.11, No.1, Januari:97-116.

Siallagan, H., dan M. Machfoedz, 2006, Mekanisme Corporate Governance, Kualitas Laba, dan Nilai Perus-ahaan, Simposium Nasional Akuntansi IX.

Siregar, S. V. N. P., dan S. Utama, 2005, Pengaruh Struktur Kepemilikan, Ukuran Perusahaan, dan Praktek Corporate Governance terhadap Pengelolan Laba, Simposium Nasional Akuntansi VIII, Universitas Indone-sia: Jakarta.

Subramanyam, K. R., and J. J. Wild, 2010, Analisis Laporan Keuangan, edisi kesepuluh, Jakarta: Salemba Empat.

Suranta,E., dan P. P. Midiastuty, 2005, Pengaruh Good Corporate Governance Terhadap Praktek Manajemen Laba, Konferensi Nasional Akuntansi.




DOI: https://doi.org/10.33508/jako.v5i2.2621