PENGARUH POSITIVE ACCOUNTING THEORY, PROFITABILITAS DAN OPERATING CASH FLOW TERHADAP PENERAPAN KONSERVATISME

Abstract

This research is meant to find out the influence of debt convenant, bonus plan, political cost, profitability
and operating cash flow to the accounting conservatism. This research is quantitative research which is done by
analyzing the secondary data. The population is all manufacturing companies which are listed in Indonesia
Stock Exchange in 2010-2014 periods. The sample collection technique has been done by using purposive
sampling. 16 companies which have met the criteria have been selected as samples. The data analysis method has
been carried out by using multiple regression analysis which has passed the classic assumption test. The result
of the research shows that debt convenants and political costs does not have any influence to the accounting
conservatism. Bonus plan and profitability has negative influence to the accounting conservatism, meanwhile,
the operating cash flow has positive influence to the accounting conservatism. It has been carried out in order to
keep the company does not report the cash flow overstate so that it can attract the attention of the stakeholders.

Keywords: conservatism, debt convenant, bonus plan, political cost, profitability, operating cash flow.