Pengaruh Penerapan Mekanisme Good Corporate Governance Terhadap Praktik Manajemen Laba Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia
DOI:
https://doi.org/10.26740/jaj.v1n1.p28-44Keywords:
conflict of interest, asymmetric information, earnings management, good corporate governanceAbstract
Abstract
The 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 principals 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 havent succeeded to minimize the earnings management practices.
References
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Bachtiar, Yanivi dan Veronica, Sylvia. 2005. œCorporate Governance, Information Asymmetri and Earnings Management. Jurnal Akuntansi dan Keuangan Indonesia. https://doi.org/10.21002/jaki.2005.04
Boediono, Gideon SB. Kualitas Laba: Studi Pengaruh Mekanisme Corporate Governance dan Dampak Manajemen Laba dengan Menggunakan Analisis Jalur. Simposium Nasional Akuntansi VIII. Solo: 1516 September 2005.
Bushee, Brian. 1998. Institusional Investor, Long Term Invesment and Earnings Management. Working Paper. http://ssrn.com. https://doi.org/10.2139/ssrn.52686
Chtourou, SM, J, Berdar, dan L, Corteau. 2001. œCorportae Governance and Earning Management. Working Paper. http://ssrn.com. https://doi.org/10.2139/ssrn.275053
Cornett, Marcia, dkk. 2006. Corporate Governance, Earning Management, and True Financial Performance. Working Paper. http://ssrn.com. https://doi.org/10.2139/ ssrn.886142
Darmawati, Deni. 2003. Corporate Governance dan Manajemen Laba: Suatu Studi Empiris. Jurnal Bisnis dan Akuntansi, Vol 5, No 1.
Jensen, Michael C, dan Meckling, William.1976. œTheory of the Firm: Managerial Behavior,Agency Costs and Ownership Structure. Journal of Financial Eonomics, Vol 3. No 4. https://doi.org/10.1016/0304-405x(76)90026-x
Hartono, Jogiyanto dan Ratnaningsih, Dewi. 2001. Conflict Of Interest Problem In The Management Controlled Firm. Jurnal Ekonomi dan Bisnis, Vol 16. No 1.
Healy, P.M. 1985. œThe Effect of Bonus Schemes on Accounting Decisions. Journal of Accounting and Economics 7, pp. 85107. https://doi.org/10.1016/0165-4101(85)90029-1
Klein. A. 2000. Audit Committe, Board Of Directors Characteristic, And Earnings Management. Working Paper. http://ssrn.com. https://doi.org/10.2139/ssrn.246674
Midiastuty, Pratana dan M. Machfoedz. 2003. Analisis Hubungan Mekanisme Corporate Governannce dan Indikasi Manajemen Laba. Simposium Nasional Akuntansi VI. Surabaya: 1617 Oktober 2003.
Rahmawati, dkk. 2006.Pengaruh Informasi asimetris terhadap Praktik Manajemen Laba pada perusahaan Perbankan Publik yang terdaftar di Bursa Efek Jakarta. Simposium Nasional Akuntansi IX. Padang: 23-26 Agustus 2006.
Rajgofal, dkk. 1999. Is Institusional Ownership Assoctiated with Earning Management and the Extent to which Stock Prices Reflect Future Earnings. http //ssrn.com. https://doi.org/10.2139/ssrn.163433
Richardson, V. J. 1998. Information Asymmetry and Earnings Management: Some Evidence. http //.ssrn.com. https://doi.org/10.2139/ssrn.83868
Rini, Endang sulistya. 2002. Manajemen Indonesia: Perpaduan Manajemen Barat dan Timur serta Budaya Tradisional. USU Digital Library
Sulistyanto, Sri. 2008. Manajemen Laba: Teori dan Model Empiris. Jakarta: Grasindo
Suranta, Edy dan Midiastuty, Pratana Puspa. 2005. Pengaruh Good Corporate Governance Terhadap Praktik Manajemen Laba. Konferensi Nasional Akuntansi.
Surya, Indra dan Yustiavandana, Ivan. 2008. Penerapan Good Corporate Govern-ance. Jakarta: Kencana Prenada Media Group.
Siallagan, Hamonangan, dan Machfoedz, Masud. 2006. Mekanisme Corporate Governance, Kualitas Laba dan Nilai Perusahaan. Simposium Nasional Akuntansi IX. Padang: 23-26 Agustus 2006.
Ujiyantho, Arief dan Pramuka, Bambang Agus. 2007. Mekanisme Corporate Governance, Manajemen Laba dan Kinerja Keuangan. Simposium Nasional Akuntansi X. Unhas Makasar: 2628 Juli 2007.
Veronica, Sylvia Dr dan Utama, Sidharta Dr. 2005. Pengaruh Struktur Kepemilikan, Ukuran Perusahaan, dan Praktik Corporate Governance ter-hadap Pengelolaan Laba (Earnings Management). Simposium Nasional Akuntansi VIII. Solo: 15 16 September 2005.
Wedari, Linda Kusumaning. 2004.Analisis Pengaruh Proporsi Dewan Komisaris dan Keberadaan Komite Audit terhadap Aktivitas Manajemen Laba. Makalah Simposium Nasional Akuntansi VII. Bali: 2-3 Desember 2004.
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Published
2009-10-08
How to Cite
Ambarita, E., & Nuswantara, D. A. (2009). Pengaruh Penerapan Mekanisme Good Corporate Governance Terhadap Praktik Manajemen Laba Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. AKRUAL: Jurnal Akuntansi, 1(1), 28–44. https://doi.org/10.26740/jaj.v1n1.p28-44
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