TIPE MANAJEMEN LABA DAN PRAKTIK CORPORATE GOVERNANCE SERTA PENGARUH STRUKTUR KEPEMILIKAN (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI PADA TAHUN 2009 � 2012)

Abstract

This research aims to provide empirical evidence of whether companies listed in Bursa Efek Indonesia (BEI) conduct opportunistic or efficient earnings management. In addition, this research also intend to examine the effect of corporate governance practices, ownership structure, and firm size on the earnings management. A firm�s earnings management is measured through discretionary accruals (DAC). Corporate governance of a firm is measured by the ratio of independent commissioner and audit quality. Whereas a firm�s ownership structure is measured by institutional ownership and family ownership. A firm�s total asset is used to measure the firm size. Using multiple regressions, the findings of this research show that type of earnings management selected by BEI listed firms tend towards opportunistic earnings management. Audit quality has a significant influence on the type of earnings management selected. However, this research finds inconsistent evidence with regard to the effect of independent comissioner, ownership structure and firm size towards opportunistic earnings management