PENGARUH KEBIJAKAN KEUANGAN TERHADAP MANAJEMEN LABA DI MODERASI OLEH KEAKTIFAN KOMITE AUDIT

Abstract

This research aimed to examine the effect of financial policy, namely funding decision (DER), invesment decision (PER), and dividend policy (DPR), on profit management which moderated by an act of the audit committee at property and real estate company in Indonesia Stock Exchange (IDX) in 2017-2019 periods. This research used quantitatively. Futhermore, this research population used 62 property and real estate companies listed on the Indonesia Stock Exchange (IDX) in the 2017-2019 periods. Meanwhile, the research samplr used purposive sampling; therefore, it obtained 14 companies fulfilled criteria, the sample period used 3 years of observations; besides, the sample used 42 observation data. Additionally, this research used multiple linear regression analysis methods. The research result, namely a funding decision, had a posive effect on the profit management, invesment decision did not affect the profit management, dividend policy did not affect the profit management, the act of an audit committee was not able to moderate the effect of funding decision on the profit management, moreover, the activities of an audit committee was not able to moderate the effect of invesment decision on the profit management; additionally the active of the audit committee was not able to moderate the effect of dividend policy on the profit management.
Keyword: financial policy, profit management, and audit committee