The Influence Of Accounting Conservatism, IOS, And Good Corporate Governance On The Earnings Quality
Abstract
Study aims to obtain the empirical evidence about the influence of accounting conservatism, investment opportunity set, and good corporate governance on earnings quality of corporates in the Indonesia Stock Exchange. These three factors will certainly affect how earnings are presented to users of financial statements as information in decision making. Secondary data are used in this study. All companies listed in Indonesia Stock Exchange for the period of 2013-2015 are the population in this study. The numbers of samples in this study were 381 companies that were selected by using purposive sampling technique. Multiple linear regression analysis is selected as a data analysis technique. The results show that accounting conservatism has a positive effect on earnings quality. Investment opportunity set has a positive effect on earnings quality. In addition, good corporate governance has no effect on earnings quality.
Keywords: Earnings quality, accounting conservatism, investment opportunity set, good corporate governance.
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References
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Watts, R.L. 2003. Conservatism in Accounting Part II: Evidence and research opportunities. Accounting Horizons, 17(4): 287-301.
Basu, Sudipta. 1997. The Conservatism Principle and Asymmetric Timeliness of Earnings. Journal of Accounting and Economics, 24: 3-37.
Beaver and Ryan. 2000. Biases and Lags in Book Value and Their Effects on The Ability of The Book to Market Ratio to Predict Book Return on Equity. Journal of Accounting Research, 38: 127-148.
Bistrova, Julia and Natalja Lace. 2012. Quality of Corporate Governance System and Quality of Reported Earnings: Evidence From CEE Companies. Journal of Economics and Managements, Vol. 17 (1): 55-61.
Boediono, Gideon SB. 2005. Kualitas Laba: Studi Pengaruh Mekanisme Corporate Governance dan Dampak Manajemen Laba dengan Menggunakan Analisis Jalur. Makalah Simposium Nasional Akuntansi VIII. Solo, 15-16 September 2005.
Collins, D.W. and S.P. Kothari. 1989. An Analysis of Intertemporal and Cross-Sectional Determinants of Earnings Response Coefficients. Available from: http://papers.ssrn.com.
Easton, Peter D. and Mark E. Zmijewski. 1989. Cross Sectional Variation In The Stock Market Response to Accounting Earnings Announcements. Journal of Accounting and Economics, 11: 117-141.
Eisenhardt, Kathleem M. 1989. Agency Theory: An Assesment and Review. Academy of Management Review, 14: 57-74.
Fala, Dwiyana A. S. 2007. Pengaruh Konservatisme Akuntansi terhadap Penilaian Ekuitas Perusahaan Dimoderasi Oleh Good Corporate Governance. Simposium Nasional Akuntansi X. Makassar.
Feltham, J. and J. Ohlson. 1995. Valuation and Clean Surplus Accounting for Operating and Financial Analysis. Contemporary Accounting Research, 11: 687-731.
Ismail, W.A., Dunstan, and Zijl T.V. 2010. Earnings Quality and Corporate Governance Surrounding Implementation the Code of Corporate Governance Malaysia. Available from: http://papers.ssrn.com.
Jensen, Michael C. and W.H. Meckling. 1976. Theory of The Firm: Managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics, 3: 305-360.
Juanda, Ahmad. 2007. Perilaku Konservatif Pelaporan Keuangan dan Risiko Litigasi pada Perusahaan Go Publik. Naskah Publikasi Penelitian Dasar Keilmuan.
Kallapur, Sanjay and Mark A. Trombley. 1999. The Association Between Investment Opportunity Set Proxies and Realized Growth. Journal of Business & Accounting, 26 (3): 133-150.
Kazemi, H. 2011. Investigating The Relationship Between Accounting Conservatism and Earnings Attributes. World Applied Sciences Journal, 12: 1385-1396.
LaFond, R., and R. L. Watts. 2008. The information Role of Conservatism. The Accounting Review, 83: 447–478.
Meeampol, Sasivimol. 2013. The Relationship Between Corporate Governance and Earnings Quality: A Case Study of Listed Companies in the Stock Exchange of Thailand (Set). Available from: http://papers.ssrn.com.
Mulyani, S., N.F. Asyik, and Andayani. 2007. Faktor-faktor yang Mempengaruhi Earnings Response Coefficient Pada Perusahaan yang Terdaftar Di Bursa Efek Jakarta. JAAI, 11 (1): 35-45.
Penman, S.H., & Zhang, X-J. 2002. Accounting Conservatism, The Quality of Earnings and Stock Returns. The Accounting Review, 237-264.
Puspitowati, Nela Indah and Anissa Amalia Mulya. 2014. Pengaruh Ukuran Komite Audit, Ukuran Dewan Komisaris, Kepemilikan Manajerial, dan Kepemilikan Institusional terhadap Kualitas Laba. Jurnal Akuntansi dan Keuangan, 3 (1): 219-239.
Rachmawati, Andri and Hanung Triatmoko. (2007). Analisis Faktor-Faktor yang mempengaruhi kualitas labadan nilai perusahaan. Seminar Nasional Akuntansi X, 1-26.
Sadidi, Mehdi; Ali Saghafi; and Ahmadi Shahin. 2011. Accounting Conservatism and the Effect of Earning Quality on the Return of Assets and Stock Return. Journal of Accounting Knowledge, 2 (6): 11-24.
Siallagan, Hamonangan and Mas?ud Machfoedz. 2006. Mekanisme Corporate governance, Kualitas Laba, dan, Nilai Perusahaan. Simposium Nasional Akuntansi XI, 1-24.
Suaryana, Agung. 2005. Pengaruh Komite Audit Terhadap Kualitas Laba. Makalah Simposium Nasional Akuntansi VIII. Solo, 15-16 September 2005.
Wahh, L.K. 2002. Investment Opportunity and Audit Quality. Available from: http://papers.ssrn.com.
Watts, R.L. 2003. Conservatism in Accounting Part II: Evidence and research opportunities. Accounting Horizons, 17(4): 287-301.
Published
2019-01-23
How to Cite
YASA, Gerianta Wirawan; ASTIKA, Ida Bagus Putra; WIDIARIANI, Ni Made Ayu.
The Influence Of Accounting Conservatism, IOS, And Good Corporate Governance On The Earnings Quality.
Jurnal Ilmiah Akuntansi dan Bisnis, [S.l.], v. 14, n. 1, p. 86-94, jan. 2019.
ISSN 2303-1018.
Available at: <https://ojs.unud.ac.id/index.php/jiab/article/view/44143>. Date accessed: 26 apr. 2024.
doi: https://doi.org/10.24843/JIAB.2019.v14.i01.p08.
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Articles
