31 research outputs found

    Kualitas Auditor Ekstern Dalam Membatasi Kesempatan Manajemen Untuk Melakukan Manajemen Laba

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    Earnings management practice related to a variety incentives to maximize fi rms' value orto increase manager welfare. Many researchers focused on 3 main incentives for earnings managementpractice, as explained in positive accounting theory, that were incentive to decrease cost ofdebt covenant default, maximize bonus and reduce political cost (Watts & Zimmerman, 1986). However,the earnings management would exist if management had incentive and opportunity to do so(Trueman & Titman, 1988; Christensen, et al., 1999). The objectives of this research was to investigateexternal auditor quality as factor to constraining earnings management by managers. Analysis wasbased on 111 publicly manufacturing fi rms in Indonesian Stock Exchange period 2005 up to 2008.The result showed that the high level of fi rms' debt motivated manager to practice more earningsmanagement. However, the level of earnings management was lower when the quality of auditorexternal work was higher. The results of these research contributed to accounting literature developmentespecially in corporate governance. Qualifi ed auditor, one of monitoring aspects, had functionas good corporate governance mechanism for reducing management practice to manage earningswhich would be costly for fi nancial statement users


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    Purpose: The purpose of this paper is to examine the role of corporate governance in the relationship of Corporate Social Responsibility (CSR) and firm size to earnings management of manufacturing firms in Indonesia. Methodology: The study draws on data from 66 firms listed in Indonesian Stock Exchange from 2014 to 2017, using a multiple regression model. The present study examines the influence of CSR on earnings management, and the impact of corporate governance on the relationship between CSR and firm size with earnings management. Main Findings: The finding showed that the effect of CSR on earnings management was significant and positive. The study also finds a statistically significant negative relationship between firm size and earnings management. The evidence also shows the role of corporate governance in the relationship of CSR and firm size to earnings management is significant and negative, it means that when the firm has good corporate governance, the firms that allocate CSR funds are relatively large, then it will tend not to practice earnings management, likewise large firms with good corporate governance will tend not to do earnings management. Research limitations/implications: The present study does not include all possible other variables that influence earnings management. Further research might increase the scope of research objects by extending the study period and need to pay attention to the firm's macro factors or economic risk factors outside of financial performance so as to provide a more comprehensive picture of the results of the study. Originality/value: The study focuses on the role of corporate governance issues such as the independence and activity of the boards and their influence on earnings management. The subject analyses the possible impact of CSR and firms size-related earnings management that has received much attention from academic research, which has largely focused on studying the publications of corporate governance in Indonesia context and can be contributes thoughts about the importance of corporate social responsibility activities that are reported as a basis for consideration incorporate policy-making to further enhance corporate awareness in the social environment, as well as the importance of corporate governance to minimize earnings management practices

    Signal of Rupiah Exchange Rate to US Dollar and Gross Domestic Product (GDP)

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    The purpose of this study is to analyse signal of rupiah/USD exchange rate and Indonesian Gross Domestic Products (GDP) towards Stock Price Composite Index. This study uses quantitative method. The data of research use quarterly time series data (January, April, July, October) starting from 2010 - 2018 obtained in the website of Bank Indonesia, Ministry of Commerce Republic Indonesia and Indonesia Stock Exchange. Data analysis method use Multiple Linear Regression, which findings of this study indicate that the rupiah/USD exchange rate gave a negative signal to the Stock Price Composite Index. In addition, the Indonesian Gross Domestic Products (GDP) gave a positive signal to the Stock Price Composite Index

    Peran Tax Avoidance sebagai Moderasi: Profitabilitas, Intensitas Modal, Ukuran Perusahaan, Solvabilitas

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    This study investigates the moderating role of Tax Avoidance in relation to profitability, solvency, capital intensity, and firm size. Data was processed using the statistical software SPSS. The results of the analysis indicate that the correlation between Return on Assets (ROA) and Debt Asset Ratio (DAR) exhibits a significant negative association. Firm size demonstrates a significant positive correlation with DAR, while capital intensity also shows a significant positive relationship with DAR. However, the interaction between ROA and Tax Avoidance does not exhibit statistical significance in its relationship with DAR. These findings illustrate that Tax Avoidance does not act as a moderator in the relationship between ROA and DAR. The outcomes of this study offer insights into how these elements can shape a company's financial structure and underscore the importance of considering the interactions among these variables in financial decision-making

    Analisis manajemen laba dengan pendekatan fraud pentagon theory

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    This study aims to analyze earnings management using fraud pentagon theory approach. Fraud pentagon as an independent variable consists of five elements, namely pressure, opportunity, rationalization, competence, and arrogance. Meanwhile, the dependent variable used in this study is earnings management which is measured using the absolute value of discretionary accruals. This research is quantitative and qualitative research. The research was conducted at 20 basic industry and chemicals manufacturing companies listed on the Indonesia Stock Exchange during 2015-2019. The data used are obtained through documentations made by collecting annual reports and company financial statements on the official website of the Indonesia Stock Exchange and the official website of the related company. The data analysis technique used in this research is multiple linear regression analysis. The results of the research conducted indicate that only one variable has a significant effect on earnings management. This variable is rationalization. Meanwhile, the other four variables, namely pressure, opportunity, competence, and arrogance, have no effect on earnings management

    Organizational Citizenship Behavior as a Way to Improve Performance:Evidence from Muslim Teachers in Indonesia

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    This study aims to examine the effect of Organizational Citizenship Behavior (OCB) on the performance of teachers by considering the factors of quality of work life, organizational commitment, and spirituality. This study emphasized on OCB. The study was conducted on ten (10) State Islamic High Schools (Madrasah Aliyah Negeri) in Jombang, Indonesia. The design of this study was quantitative. Survey method was used to collect primary data through questionnaire. Respondents of this study were all high school teachers; there were 114 units as a sample of research through random sampling technique. Path analysis on Structural Equation Modeling was used to test the hypotheses. The uniqueness of the study was OCB for Muslim teachers. The findings show that OCB has been strongly influenced by the quality of work life to achieve performance; thus, it can be concluded that the good quality of teachers’ work life can be a stimulant for OCB. Keywords: Organizational Citizenship  Behavior , Performance, Quality of work life, Spirituality,Organizational commitmen

    Analisis pengaruh nilai tukar rupiah atas dolar as dan utang negara terhadap Indeks Harga Saham Gabungan (IHSG) dan implikasinya pada produk domestik bruto (PDB) Indonesia

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    The Analysis Of Rupiah/USExchangeRateAndGovernmentDebtTowardsCompositeStockPriceIndex(CSPI)AndItsImplicationsonIndonesianGrossDomesticProducts(GDP).Thepurposeofthisstudyistotheanalysisofrupiah/US Exchange Rate And Government Debt Towards Composite Stock Price Index (CSPI) And Its Implications on Indonesian Gross Domestic Products (GDP). The purpose of this study is to the analysis of rupiah/US exchange rate and government debt towards Composite Stock Price Index (CSPI) and its implications on Indonesian Gross Domestic Products (GDP). This study used quantitative method. The data of research use three monthly time series data (January, April, July, October) starting from 2010 - 2018 obtained through the website of Bank Indonesia, Ministry of Finance Republic Indonesia, Indonesia Stock Exchange and Ministry of Commerce Republic Indonesia. Data analysis method use path analysis. The results of research showed that the rupiah exchange rate on the US dollar had no significant effect on CSPI, the state debt had significant effect on CSPI, the rupiah exchange rate on the US dollar had significant effect on GDP, the state debt had significant effect on GDP, CSPI had significant effect on GDP, the rupiah exchange rate on the US dollar does not affect Indonesia's GDP through the CSPI and state debt influence Indonesia's GDP through CSPI

    Effect of corporate governance in relationship between corporate social responsibility and firm sizes with earnings management

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    This study aims to empirically examine the influence of corporate social responsibility and firm size on earnings management, as well as how corporate governance influences the relationship between corporate social responsibility and firm size with earning management. The concept of earning management in this study adopted a model developed by Beneish (1999). Beneish implementation of M-Score Model will be modified and adjusted for firms in Indonesia. Beneish M-Score Model is developed to differentiate between manipulator and non-manipulator firms, using financial report element based on 8 ratio index. Agency theory (Jensen dan Meckling, 1976) implies the existence of information asymmetry. Information asymmetry arises when managers are more aware of internal information compared to the stakeholders. Gargouri et al. (2010) shows a positive relationship between corporate social responsibility with earning management, caused by expensive environmental activities. The results of Chih et al. (2008) study shows that companies with a high commitment to corporate social responsibility tend to do earning management. Based on positive accounting theory (Watts dan Zimmerman, 1986), earning management occurs because of political cost motives. Political costs include all costs that must be borne by the company related to government regulations, one of which is the tax burden. Large companies in a tax avoidance effort tend to reduce their profits. Lee and Choi (2002) states that firm size has a negative effect on earning management. In the other hand Rahmani and Mir (2013) states that firm size has a positive effect on earning management. The population in this study is based on manufacturing companies listed on the Indonesia Stock Exchange for the period 2013-2017, using a purposive sampling method with a specified criteria. The analysis technique uses statistical descriptive and Moderated Regression Analysis (MRA)

    Improving Corporate Value through Capital Structure, Company Size and Profitability

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    This study aims to investigate the impact of capital structure, business size, and profitability on firm value. The research population consists of manufacturing firms listed on the IDX between 2017 and 2021, with a total of 270 data points. The sampling method employed was purposeful sampling. Quantitative research data and secondary data sources are categorized. Techniques for descriptive statistical data analysis include the traditional assumption test, multiple regression analysis, the coefficient of determination, and hypothesis testing. The results demonstrated that capital structure and profitability have a positive and statistically significant effect on business value; however, firm size has no effect. This research is limited to manufacturing businesses. Thus the results can only represent some companies listed on the IDX. It is anticipated that future researchers will add and expand the research object and lengthen the research time so that the empirical results are more robust or accurate. Keywords: Business Size, Profitability, and Firm Value