Analisis Pengaruh Struktur Kepemilikan dan Mekanisme Tata Kelola Perusahaan terhadap Manajemen Laba pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Thailand dan di Bursa Efek Philippine tahun 2009-2013.

Abstract

The purpose of this research is to analyze the effect of ownership structure and corporate governance on earnings management in manufacturing companies in Thailand Stock Exchange and in Philippines Stock Exchange. The samples covers eight Thailand manufacturing firms listed on Thailand Stock Exchange and eight Philippine manufacturing firms listed on the Philippine Stock Exchange period on 2009-2013. In this research the multiple linear regression analysis and 7 independent variables consist of managerial ownership, institutional ownership, eksternal blockholders, is used as the ownership structure, gender diversity, the independent audit committee, the independent board of commissioners and board size as corporate governance that have impact on earnings management. The results of this research in Thailand conclude that independent variables ownership structure consist managerial ownership, institutional ownership have significant impact on earnings management in Thailand manufacturing. eksternal blockholders have no significant impact on earnings management in Thailand manufacturing.The independent audit committee, the independent board of commissioners, have significant impact on earnings management in Thailand manufacturing, however diversity gender, board size don’t have significant impact on earnings management in Thailand manufacturing.This research shows managerial ownership, institutional ownership, the independent audit committee, the independent board of commissioners, have a positive association with the earnings management, however the structure of ownership, eksternal blockholders, gender diversity, board size reveal inverse relation with the earnings management. The results of this research in Philippines conclude that independent variables ownership structure consist eksternal blockholders have significant impact on earnings management in Philippine manufacturing, however managerial ownership, institutional ownership have no impact significant on earnings management in Philippine manufacturing, the independent audit committee have a positive association with the earnings management, however diversity gender, independent board of commissioners, board size, don’t have impact significant on earnings management in Philippine manufacturing. This research shows eksternal blockholders, independent audit committees, have a positive association with the earnings management, however managerial ownership, institutional ownership, gender diversity, independent board of commissioners, board size, reveal inverse relation with the earnings management