PENGARUH GOOD CORPORATE GOVERNANCE DAN LEVERAGE TERHADAP MANAJEMEN LABA

Abstract

This research is meant to examine (1) the proportion of independent commissioners to the earnings management (2) audit committee to the earnings management (3) managerial stock ownership to the earnings management (4) institutional stock ownership to the earnings management (5) audit committee to the earnings management (6) leverage to the earnings management. The earnings management is measured by using discretionary accrual and Modified Jones Model. The population is all manufacturing companies which are listed in Indonesia Stock Exchange in 2011-2014 periods. The sample collection technique has been carried out by using purposive sampling technique and 35 companies during 4 years have been selected as samples. The data analysis has been carried out by using multiple linear regressions analysis technique. The result of the research shows that: (1) the proportion of independent commissioner does not give any influence to the earnings management (2) the audit committee gives negative influence to the earnings management (3) managerial stock ownership does not give any influence to the earnings management (4) institutional stock ownership does not give any influence to the earnings management (5) audit committee give negative influence to the earnings management (6) leverage does not give any influence to the earning management.
Keywords: Independent commissioner, earnnings management, leverage