Corporate Governance, Ukuran Perusahaan, Asimetri Informasi dan Manajemen Laba
Abstract
The research was conducted with the aim of finding empirical evidence regarding earnings management that is influenced by corporate governance, firm size and information asymmetry. The study involved 100 manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019 with 300 samples of observation. The results of the research analysis found that the presence of women on the board of directors, commissioners and audit committees has not been able to minimize earnings management practices. The larger the size of a company and the information asymmetry that occurs, the greater the possibility of earnings management practices carried out by the company.
Keywords: Corporate Governance; Company Size; Information Asymmetry; Earnings Management.
Downloads
Download data is not yet available.
References
Ali, U., Noor, M., Khurshid, M. K., & Mahmood, A. (2015). Impact of Firm Size on Earnings Management: A Study of Textile Sector of Pakistan. SSRN Electronic Journal, 7(28), 47–56. https://doi.org/10.2139/ssrn.2698317
Arbain, J., Azizah, N., & Sari, I. N. (2015). PEMIKIRAN GENDER MENURUT PARA AHLI: Telaah atas Pemikiran Amina Wadud Muhsin, Asghar Ali Engineer, dan Mansour Fakih. Sawwa: Jurnal Studi Gender, 11(1), 75–94. https://doi.org/10.21580/sa.v11i1.1447
Astari, A. A. M. R., & Suryanawa, I. K. (2017). Faktor-Faktor Yang Mempengaruhi Manajemen Laba. E-Jurnal Akuntansi, 20(1), 290–319.
Barber, B. M., & Odean, T. (1999). Boys will be Boys: Gender, Overconfidence, and Common Stock Investment. SSRN Electronic Journal, September, 1–37. https://doi.org/10.2139/ssrn.139415
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earning Management. In The accounting Review (Vol. 70, Issue 20, pp. 193–225).
Eagly, A. H., & Karau, S. J. (2002). Role congruity theory of prejudice toward female leaders. Psychological Review, 109(3), 573–598. https://doi.org/10.1037/0033-295X.109.3.573
FCGI. (2001). Peranan Dewan Komisaris dan Komite Audit dalam Pelaksanaan Corporate Governance (Tata Kelola Perusahaan).
Gavious, I., Segev, E., & Yosef, R. (2012). Female directors and earnings management in high-technology firms. Pacific Accounting Review, 24(1), 4–32. https://doi.org/10.1108/01140581211221533
Gul, F. A., Srinidhi, B., & Ng, A. C. (2011). Does board gender diversity improve the informativeness of stock prices? Journal of Accounting and Economics, 51(3), 314–338. https://doi.org/10.1016/j.jacceco.2011.01.005
Hartono, J. (2007). Teori Portofolio Dan Analisis Investasi (11th ed.). BPFE.
Healy, P. M., & Wahlen, J. M. (1999). A Review Of The Earnings Management Literature And Its Implications For Standard Setting. Accounting Horizon, 12(4), 1–34.
Jensen, M. C., & Meckling, W. H. (1976). THEORY OF THE FIRM: MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE. Journal of Financial Economics, 3, 305–360.
Lakhal, F., Aguir, A., Lakhal, N., & Malek, A. (2015). Do women on boards and in top management reduce earnings management? Evidence in France. Journal of Applied Business Research, 31(3), 1107–1118. https://doi.org/10.19030/jabr.v31i3.9236
Louann Brizendine, M. D. (2010). THE MALE BRAIN. BROADWAY BOOKS.
Lupita, I. W., & Meiranto, W. (2019). Pengaruh Surplus Arus Kas Bebas, Ukuran Perusahaan, Leverage, Dan Kualitas Audit Terhadap Manajemen Laba. Diponegoro Journal of Accounting, 7(4), 1–11.
Mahawyahrti, T., & Budiasih, G. N. (2017). Asimetri Informasi, Leverage, dan Ukuran Perusahaan pada Manajemen Laba. Jurnal Ilmiah Akuntansi Dan Bisnis, 11(2), 100–110. https://doi.org/10.24843/jiab.2016.v11.i02.p05
Medyawati, H., & Dayanti, A. (2016). Pengaruh Ukuran Perusahaan Terhadap Manajemen Laba: Analisis Data Panel. Jurnal Ilmiah Ekonomi Bisnis, 21(3), 142–152. https://doi.org/10.35760/eb.
Midiastuty, P. P., & MACHFOEDZ, M. (2003). ANALISIS HUBUNGAN MEKANISME CORPORATE GOVERNANCE DAN INDIKASI MANAJEMEN LABA. Simposium Nasional Akuntansi VI, 176–199.
Mustikawati, A., & Cahyonowati, N. (2015). Pengaruh Asimetri Informasi Terhadap Manajemen Laba Dengan Ukuran Perusahaan Sebagai Variabel Pemoderasi. Diponegoro Journal of Accounting, 4(4), 1–8.
Na, K., & Hong, J. (2017). CEO gender and earnings management. Journal of Applied Business Research, 33(2), 297–308. https://doi.org/10.19030/jabr.v33i2.9902
Nalarreason, K. M., T, S., & Mardiati, E. (2019). Impact of Leverage and Firm Size on Earnings Management in Indonesia. International Journal of Multicultural and Multireligious Understanding, 6(1), 19–24. https://doi.org/10.18415/ijmmu.v6i1.473
Novilia, O., & Nugroho, P. I. (2016). Pengaruh Manajemen Puncak Wanita Terhadap Manajemen Laba. Dinamika Akuntansi, Keuangan Dan Perbankan, 5(1), 27–45.
Octaviani, S., & Kartikaningdyah, E. (2019). Effect of Corporate Governance (Woman’S Executive Board), Company Size and Leverage on Profit Management. Journal of Applied Managerial Accounting, 3(1), 51–65. https://doi.org/10.30871/jama.v3i1.955
Peni, E., & Vähämaa, S. (2010). Female executives and earnings management. Managerial Finance, 36(7), 629–645. https://doi.org/10.1108/03074351011050343
Prasetyo, D. (2018). PENGARUH GOOD CORPORATE GOVERNANCE, KUALITAS AUDIT, DAN ASIMETRI INFORMASI TERHADAP MANAJEMEN LABA. Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya, 6(1). https://doi.org/10.1017/CBO9781107415324.004
Razak, B., & Helmy, H. (2020). Pengaruh Dewan Direksi Wanita, Dewan Komisaris Wanita Dan Kualitas Pengungkapan. Jurnal Eksplorasi AKuntansi, 2(4), 3434–3451.
Ronikusuma, F. Y., & Hadiprajitno, P. T. B. (2019). Pengaruh Surplus Arus Kas Bebas, Ukuran Perusahaan, Leverage, Dan Kualitas Audit Terhadap Manajemen Laba. Diponegoro Journal of Accounting, 7(4), 1–15.
Schipper, K. (1986). Schipper, 1989.pdf. In Accounitng horizons (Vol. 3, pp. 91–102).
Sun, J., & Liu, G. (2014). Audit committees’ oversight of bank risk-taking. Journal of Banking and Finance, 40(1), 376–387. https://doi.org/10.1016/j.jbankfin.2013.12.015
Susanto, S., & Christiawan, Y. J. (2016). Pengaruh earnings management terhadap firm value. Business Accounting Review, 4(1), 205–216.
Tierney, H. (1999). Women’s Studies Encyclopedia: G-P. 640. http://books.google.co.id/books?id=2bDxJW3x4f8C
Wiagustini, N. L. P. (2014). Manajemen Keuangan (1st ed.). Udayana University Press.
World Economic Forum. (2019). Global Gender Gap Report 2020: Insight Report. http://www3.weforum.org/docs/WEF_GGGR_2020.pdf
Ye, K., Zhang, R., & Rezaee, Z. (2010). Does top executive gender diversity affect earnings quality? A large sample analysis of Chinese listed firms. Advances in Accounting, 26(1), 47–54. https://doi.org/10.1016/j.adiac.2010.02.008
Arbain, J., Azizah, N., & Sari, I. N. (2015). PEMIKIRAN GENDER MENURUT PARA AHLI: Telaah atas Pemikiran Amina Wadud Muhsin, Asghar Ali Engineer, dan Mansour Fakih. Sawwa: Jurnal Studi Gender, 11(1), 75–94. https://doi.org/10.21580/sa.v11i1.1447
Astari, A. A. M. R., & Suryanawa, I. K. (2017). Faktor-Faktor Yang Mempengaruhi Manajemen Laba. E-Jurnal Akuntansi, 20(1), 290–319.
Barber, B. M., & Odean, T. (1999). Boys will be Boys: Gender, Overconfidence, and Common Stock Investment. SSRN Electronic Journal, September, 1–37. https://doi.org/10.2139/ssrn.139415
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earning Management. In The accounting Review (Vol. 70, Issue 20, pp. 193–225).
Eagly, A. H., & Karau, S. J. (2002). Role congruity theory of prejudice toward female leaders. Psychological Review, 109(3), 573–598. https://doi.org/10.1037/0033-295X.109.3.573
FCGI. (2001). Peranan Dewan Komisaris dan Komite Audit dalam Pelaksanaan Corporate Governance (Tata Kelola Perusahaan).
Gavious, I., Segev, E., & Yosef, R. (2012). Female directors and earnings management in high-technology firms. Pacific Accounting Review, 24(1), 4–32. https://doi.org/10.1108/01140581211221533
Gul, F. A., Srinidhi, B., & Ng, A. C. (2011). Does board gender diversity improve the informativeness of stock prices? Journal of Accounting and Economics, 51(3), 314–338. https://doi.org/10.1016/j.jacceco.2011.01.005
Hartono, J. (2007). Teori Portofolio Dan Analisis Investasi (11th ed.). BPFE.
Healy, P. M., & Wahlen, J. M. (1999). A Review Of The Earnings Management Literature And Its Implications For Standard Setting. Accounting Horizon, 12(4), 1–34.
Jensen, M. C., & Meckling, W. H. (1976). THEORY OF THE FIRM: MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE. Journal of Financial Economics, 3, 305–360.
Lakhal, F., Aguir, A., Lakhal, N., & Malek, A. (2015). Do women on boards and in top management reduce earnings management? Evidence in France. Journal of Applied Business Research, 31(3), 1107–1118. https://doi.org/10.19030/jabr.v31i3.9236
Louann Brizendine, M. D. (2010). THE MALE BRAIN. BROADWAY BOOKS.
Lupita, I. W., & Meiranto, W. (2019). Pengaruh Surplus Arus Kas Bebas, Ukuran Perusahaan, Leverage, Dan Kualitas Audit Terhadap Manajemen Laba. Diponegoro Journal of Accounting, 7(4), 1–11.
Mahawyahrti, T., & Budiasih, G. N. (2017). Asimetri Informasi, Leverage, dan Ukuran Perusahaan pada Manajemen Laba. Jurnal Ilmiah Akuntansi Dan Bisnis, 11(2), 100–110. https://doi.org/10.24843/jiab.2016.v11.i02.p05
Medyawati, H., & Dayanti, A. (2016). Pengaruh Ukuran Perusahaan Terhadap Manajemen Laba: Analisis Data Panel. Jurnal Ilmiah Ekonomi Bisnis, 21(3), 142–152. https://doi.org/10.35760/eb.
Midiastuty, P. P., & MACHFOEDZ, M. (2003). ANALISIS HUBUNGAN MEKANISME CORPORATE GOVERNANCE DAN INDIKASI MANAJEMEN LABA. Simposium Nasional Akuntansi VI, 176–199.
Mustikawati, A., & Cahyonowati, N. (2015). Pengaruh Asimetri Informasi Terhadap Manajemen Laba Dengan Ukuran Perusahaan Sebagai Variabel Pemoderasi. Diponegoro Journal of Accounting, 4(4), 1–8.
Na, K., & Hong, J. (2017). CEO gender and earnings management. Journal of Applied Business Research, 33(2), 297–308. https://doi.org/10.19030/jabr.v33i2.9902
Nalarreason, K. M., T, S., & Mardiati, E. (2019). Impact of Leverage and Firm Size on Earnings Management in Indonesia. International Journal of Multicultural and Multireligious Understanding, 6(1), 19–24. https://doi.org/10.18415/ijmmu.v6i1.473
Novilia, O., & Nugroho, P. I. (2016). Pengaruh Manajemen Puncak Wanita Terhadap Manajemen Laba. Dinamika Akuntansi, Keuangan Dan Perbankan, 5(1), 27–45.
Octaviani, S., & Kartikaningdyah, E. (2019). Effect of Corporate Governance (Woman’S Executive Board), Company Size and Leverage on Profit Management. Journal of Applied Managerial Accounting, 3(1), 51–65. https://doi.org/10.30871/jama.v3i1.955
Peni, E., & Vähämaa, S. (2010). Female executives and earnings management. Managerial Finance, 36(7), 629–645. https://doi.org/10.1108/03074351011050343
Prasetyo, D. (2018). PENGARUH GOOD CORPORATE GOVERNANCE, KUALITAS AUDIT, DAN ASIMETRI INFORMASI TERHADAP MANAJEMEN LABA. Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya, 6(1). https://doi.org/10.1017/CBO9781107415324.004
Razak, B., & Helmy, H. (2020). Pengaruh Dewan Direksi Wanita, Dewan Komisaris Wanita Dan Kualitas Pengungkapan. Jurnal Eksplorasi AKuntansi, 2(4), 3434–3451.
Ronikusuma, F. Y., & Hadiprajitno, P. T. B. (2019). Pengaruh Surplus Arus Kas Bebas, Ukuran Perusahaan, Leverage, Dan Kualitas Audit Terhadap Manajemen Laba. Diponegoro Journal of Accounting, 7(4), 1–15.
Schipper, K. (1986). Schipper, 1989.pdf. In Accounitng horizons (Vol. 3, pp. 91–102).
Sun, J., & Liu, G. (2014). Audit committees’ oversight of bank risk-taking. Journal of Banking and Finance, 40(1), 376–387. https://doi.org/10.1016/j.jbankfin.2013.12.015
Susanto, S., & Christiawan, Y. J. (2016). Pengaruh earnings management terhadap firm value. Business Accounting Review, 4(1), 205–216.
Tierney, H. (1999). Women’s Studies Encyclopedia: G-P. 640. http://books.google.co.id/books?id=2bDxJW3x4f8C
Wiagustini, N. L. P. (2014). Manajemen Keuangan (1st ed.). Udayana University Press.
World Economic Forum. (2019). Global Gender Gap Report 2020: Insight Report. http://www3.weforum.org/docs/WEF_GGGR_2020.pdf
Ye, K., Zhang, R., & Rezaee, Z. (2010). Does top executive gender diversity affect earnings quality? A large sample analysis of Chinese listed firms. Advances in Accounting, 26(1), 47–54. https://doi.org/10.1016/j.adiac.2010.02.008
Published
2022-02-26
How to Cite
WIBOWO, Adelphia Christian; SARI, Maria Mediatrix Ratna.
Corporate Governance, Ukuran Perusahaan, Asimetri Informasi dan Manajemen Laba.
E-Jurnal Akuntansi, [S.l.], v. 32, n. 2, p. 325-337, feb. 2022.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/73922>. Date accessed: 02 nov. 2024.
doi: https://doi.org/10.24843/EJA.2022.v32.i02.p04.
Issue
Section
Artikel
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
