Audit Committee, Accounting Conservatism, Leverage, Earnings Growth, dan Earnings Quality
Abstract
Profit measurement requires a high level of quality because it is considered as a guide for assessing investment and making decisions. This study aims to analyze the effect of the audit committee, accounting conservatism, leverage, and earnings growth on earnings quality. Total accruals are used as a proxy for earnings quality. The sample selection of 34 companies in the consumer goods industry used purposive sampling method. For the purposes of data analysis, secondary data is used in the form of financial statements for the 2015-2019 period. Panel data regression model was used for data analysis. The results showed that the audit committee had no effect on earnings quality, conservatism had a positive effect on earnings quality, while leverage and earnings growth had a negative effect on earnings quality.
Keywords: Audit Committee; Accounting Conservatism; Leverage; Earnings Growth; Earnings Quality.
Downloads
Download data is not yet available.
References
Alsbaity, M. A. (2018). Stakeholders Theory and Its effects on Organization’s Technological Change. International Journal of Accounting & Finance in Asia Pasific (IJAFAP), 1(1), Article 1. https://doi.org/10.32535/ijafap.v1i1.111
Andreas, H. H., Ardeni, A., & Nugroho, P. I. (2017). Konservatisme Akuntansi di Indonesia. Jurnal Ekonomi dan Bisnis, 20(1), 1–22. https://doi.org/10.24914/jeb.v20i1.457
Asri, M. (2017). Accounting Conservatism and Earning Quality (SSRN Scholarly Paper No. 3000190). Social Science Research Network. https://doi.org/10.2139/ssrn.3000190
Bilal, Chen, S., & Komal, B. (2018). Audit committee financial expertise and earnings quality: A meta-analysis. Journal of Business Research, 84, 253–270. https://doi.org/10.1016/j.jbusres.2017.11.048
Cahyani, E. P. A., & Khafid, M. (2020). The Role of Accounting Conservatism in Moderating the Determinants of Earning Quality. Jurnal Dinamika Akuntansi, 12(1), 46–54. https://doi.org/10.15294/jda.v12i1.24482
Connelly, B. L., Trevis, C., & Irelend, R. D. (2010). Signaling Theory: A Review and Assessment. https://journals.sagepub.com/doi/10.1177/0149206310388419
Dira, K. P., & Astika, I. B. P. (2014). Pengaruh Struktur Modal, Likuiditas, Pertumbuhan Laba, dan Ukuran Perusahaan pada Kualitas Laba. E-Jurnal Akuntansi, 7(1), 64–78.
El-Habashy, H. (2019). The Impact of Accounting Conservatism on Corporate Performance Indicators in Egypt. International Journal of Business and Management, 14(10), p1. https://doi.org/10.5539/ijbm.v14n10p1
Fung, S., Wang, Z., Zhang, L., & Zhu, X. K. (2015). On the Causal Effect of Information Asymmetry on Auditor Choice (SSRN Scholarly Paper No. 2782238). Social Science Research Network. https://doi.org/10.2139/ssrn.2782238
Gissel, J. L., Giacomino, D., & Akers, M. D. (2005). Earnings Quality: It’s Time to Measure and Report. The CPA Journal, 75(11), 7.
Hamdan, A. (2020). The role of the audit committee in improving earnings quality: The case of industrial companies in GCC. Journal of International Studies, 13(2), 127–138. https://doi.org/10.14254/2071-8330.2020/13-2/9
Harahap, S. S. (2010). Analisis Kritis Atas Laporan Keuangan. PT RajaGrafindo Persada.
Hejazi, R., Ansari, Z., Sarikhani, M., & Ebrahimi, F. (2012). The Impact of Earnings Quality and Income Smoothing on the Performance of Companies Listed in Tehran Stock Exchange. 2(17), 5.
Irawati, D. E. (2012). Pengaruh Struktur Modal, Pertumbuhan Laba, Ukuran Perusahaan dan Likuiditas terhadap Kualitas Laba. Accounting Analysis Journal, 1(2), Article 2. https://doi.org/10.15294/aaj.v1i2.572
Kannadhasan, M. (2014). Does Financial Leverage Influence Investment Decisions? The Case of Pharmaceutical Firms in India (SSRN Scholarly Paper No. 2373647). Social Science Research Network. https://doi.org/10.2139/ssrn.2373647
Mediaty. (2013). The Impact Of Information Asymetry Towards The Quality Of Accrual Earnings With Good Corporate Governance (GCG) As Moderating Variabel. IOSR Journal of Economics and Finance, 1(4), 01–05. https://doi.org/10.9790/5933-0140105
Omar, O. A., Sell, D., & Rover, A. J. (2017). The Information Asymmetry Aspect Of Agency Theory In Business Compliance Contexts: A Systematic Review. https://proceeding.ciki.ufsc.br/index.php/ciki/article/view/305
OJK. (2015). Peraturan Otoritas Jasa Keuangan Nomor 55/POJK.04/2015 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite Audit.
Putra, N. Y., & Subowo, S. (2016). The Effect of Accounting Conservatism, Investment Opportunity Set, Leverage, and Company Size on Earnings Quality. Accounting Analysis Journal, 5(4), 299–306. https://doi.org/10.15294/aaj.v5i4.10691
Sae-Lim, P., & Jermsittiparsert, K. (2019). Audit Committee and Earnings Quality. International Journal of Innovation, 6(2), 13.
Warianto, P., & Rusiti, C. (2014). Pengaruh Ukuran Perusahaan, Struktur Modal, Likuiditas dan Investment Opportunity Set (IOS) Terhadap Kualitas Laba pada Perusahaan Manufaktur yang Terdaftar di BEI. Modus, 26(1), 19–32. https://doi.org/10.24002/modus.v26i1.575
Warrad, L. H. (2017). The Influence of Leverage and Profitability on Earnings Quality: Jordanian Case. International Journal of Academic Research in Business and Social Sciences, 7(10), 62–81.
Yasa, G. W., Astika, I. B. P., & Widiariani, N. M. A. (2019). The Influence Of Accounting Conservatism, IOS, And Good Corporate Governance On The Earnings Quality. Jurnal Ilmiah Akuntansi Dan Bisnis, 14(1), 86–94. https://doi.org/10.24843/JIAB.2019.v14.i01.p08
Zhou, J., & Lobo, G. J. (2001). Disclosure Quality and Earnings Management (SSRN Scholarly Paper No. 265550). Social Science Research Network. https://doi.org/10.2139/ssrn.265550
Andreas, H. H., Ardeni, A., & Nugroho, P. I. (2017). Konservatisme Akuntansi di Indonesia. Jurnal Ekonomi dan Bisnis, 20(1), 1–22. https://doi.org/10.24914/jeb.v20i1.457
Asri, M. (2017). Accounting Conservatism and Earning Quality (SSRN Scholarly Paper No. 3000190). Social Science Research Network. https://doi.org/10.2139/ssrn.3000190
Bilal, Chen, S., & Komal, B. (2018). Audit committee financial expertise and earnings quality: A meta-analysis. Journal of Business Research, 84, 253–270. https://doi.org/10.1016/j.jbusres.2017.11.048
Cahyani, E. P. A., & Khafid, M. (2020). The Role of Accounting Conservatism in Moderating the Determinants of Earning Quality. Jurnal Dinamika Akuntansi, 12(1), 46–54. https://doi.org/10.15294/jda.v12i1.24482
Connelly, B. L., Trevis, C., & Irelend, R. D. (2010). Signaling Theory: A Review and Assessment. https://journals.sagepub.com/doi/10.1177/0149206310388419
Dira, K. P., & Astika, I. B. P. (2014). Pengaruh Struktur Modal, Likuiditas, Pertumbuhan Laba, dan Ukuran Perusahaan pada Kualitas Laba. E-Jurnal Akuntansi, 7(1), 64–78.
El-Habashy, H. (2019). The Impact of Accounting Conservatism on Corporate Performance Indicators in Egypt. International Journal of Business and Management, 14(10), p1. https://doi.org/10.5539/ijbm.v14n10p1
Fung, S., Wang, Z., Zhang, L., & Zhu, X. K. (2015). On the Causal Effect of Information Asymmetry on Auditor Choice (SSRN Scholarly Paper No. 2782238). Social Science Research Network. https://doi.org/10.2139/ssrn.2782238
Gissel, J. L., Giacomino, D., & Akers, M. D. (2005). Earnings Quality: It’s Time to Measure and Report. The CPA Journal, 75(11), 7.
Hamdan, A. (2020). The role of the audit committee in improving earnings quality: The case of industrial companies in GCC. Journal of International Studies, 13(2), 127–138. https://doi.org/10.14254/2071-8330.2020/13-2/9
Harahap, S. S. (2010). Analisis Kritis Atas Laporan Keuangan. PT RajaGrafindo Persada.
Hejazi, R., Ansari, Z., Sarikhani, M., & Ebrahimi, F. (2012). The Impact of Earnings Quality and Income Smoothing on the Performance of Companies Listed in Tehran Stock Exchange. 2(17), 5.
Irawati, D. E. (2012). Pengaruh Struktur Modal, Pertumbuhan Laba, Ukuran Perusahaan dan Likuiditas terhadap Kualitas Laba. Accounting Analysis Journal, 1(2), Article 2. https://doi.org/10.15294/aaj.v1i2.572
Kannadhasan, M. (2014). Does Financial Leverage Influence Investment Decisions? The Case of Pharmaceutical Firms in India (SSRN Scholarly Paper No. 2373647). Social Science Research Network. https://doi.org/10.2139/ssrn.2373647
Mediaty. (2013). The Impact Of Information Asymetry Towards The Quality Of Accrual Earnings With Good Corporate Governance (GCG) As Moderating Variabel. IOSR Journal of Economics and Finance, 1(4), 01–05. https://doi.org/10.9790/5933-0140105
Omar, O. A., Sell, D., & Rover, A. J. (2017). The Information Asymmetry Aspect Of Agency Theory In Business Compliance Contexts: A Systematic Review. https://proceeding.ciki.ufsc.br/index.php/ciki/article/view/305
OJK. (2015). Peraturan Otoritas Jasa Keuangan Nomor 55/POJK.04/2015 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite Audit.
Putra, N. Y., & Subowo, S. (2016). The Effect of Accounting Conservatism, Investment Opportunity Set, Leverage, and Company Size on Earnings Quality. Accounting Analysis Journal, 5(4), 299–306. https://doi.org/10.15294/aaj.v5i4.10691
Sae-Lim, P., & Jermsittiparsert, K. (2019). Audit Committee and Earnings Quality. International Journal of Innovation, 6(2), 13.
Warianto, P., & Rusiti, C. (2014). Pengaruh Ukuran Perusahaan, Struktur Modal, Likuiditas dan Investment Opportunity Set (IOS) Terhadap Kualitas Laba pada Perusahaan Manufaktur yang Terdaftar di BEI. Modus, 26(1), 19–32. https://doi.org/10.24002/modus.v26i1.575
Warrad, L. H. (2017). The Influence of Leverage and Profitability on Earnings Quality: Jordanian Case. International Journal of Academic Research in Business and Social Sciences, 7(10), 62–81.
Yasa, G. W., Astika, I. B. P., & Widiariani, N. M. A. (2019). The Influence Of Accounting Conservatism, IOS, And Good Corporate Governance On The Earnings Quality. Jurnal Ilmiah Akuntansi Dan Bisnis, 14(1), 86–94. https://doi.org/10.24843/JIAB.2019.v14.i01.p08
Zhou, J., & Lobo, G. J. (2001). Disclosure Quality and Earnings Management (SSRN Scholarly Paper No. 265550). Social Science Research Network. https://doi.org/10.2139/ssrn.265550
Published
2022-06-26
How to Cite
HALIM, Kusuma Indawati.
Audit Committee, Accounting Conservatism, Leverage, Earnings Growth, dan Earnings Quality.
E-Jurnal Akuntansi, [S.l.], v. 32, n. 6, p. 1403-1412, june 2022.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/84122>. Date accessed: 21 nov. 2024.
doi: https://doi.org/10.24843/EJA.2022.v32.i06.p01.
Issue
Section
Artikel
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
