PENGARUH PROFITABILITAS, LEVERAGE, DAN KEBIJAKAN DIVIDEN TERHADAP INCOME SMOOTHING, DENGAN KOMITE AUDIT SEBAGAI VARIABEL PEMODERASI

Abstract

This study is aimed to examine the influence of profitability, leverage, and dividend policy to the income smoothing, and the audit committee as a the moderating variable of manufacturing companies which are listed in Indonesia Stock Exchange (IDX) in 2012-2016 periods. The sample collection technique has been done by using purposive sampling method, and based on the predetermined criteria, 34 companies have been selected as samples, so the total numbers of observations are 170 observation data. However, the data in this observation have to be carried out outlier, so the total data is 155. The data analysis technique has been done by using multiple linear regressions analysis technique and Moderated Regression Analysis (MRA) interaction test and 23rd SPSS IBM tool. Based on the result of hypothesis test, it can be concluded that profitability give positive influence to the income smoothing, leverage give positive influence to the income smoothing, dividend policy give positive influence to the income smoothing, audit committee can moderate the negative influence of profitability to the income smoothing, audit committee cannot moderate the influence of leverage to the income smoothing, and audit committee cannot moderate the negative influence of dividend policy to the income smoothing.
Keywords: profitability, leverage, dividend policy, income smoothing, audit committee.