PENGARUH PROFITABILITAS, FINANCIAL LEVERAGE, UKURAN PERUSAHAAN, DAN KEPEMILIKAN MANAJERIAL TERHADAP PERATAAN LABA (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR PADA BURSA EFEK INDONESIA TAHUN 2012-2016)

Abstract

Devi Apriyani. The Influence Of Profitability, Financial Leverage, Size Of Companies, And Managerial Ownership Of Income Smoothing (Emprirical Study On Manufacturing Companies Registered In Indonesia Stock Exchange Year 2012 - 2016). Universitas Negeri Jakarta, 2018. This study to obtain empirical evidence of factors (profitability, firm size, financial leverage, and managerial ownership) that affect the practice of income smoothing. This research uses purposive sampling technique in determining sample selection. A total of 24 companies from 144 companies listed on the Indonesia Stock Exchange (BEI) with 5 years of observation, which began in 2012 until 2016, so that obtained 120 research samples. Signaling Theory is a basic theory used to explain the relationship between variables. Income smoothing is measured using the Eckel index. Hypothesis testing used in this study is logistic regression analysis and z statistical test. The results of this study found that profitability and financial leverage have no effect on the practice of income smoothing, while firm size and managerial ownership have a negative effect on the practice of income smoothing. Keywords: Income Smoothing, Profitability, Financial Leverage, Company Size, and Managerial Ownership