PENGARUH LEVERAGE TERHADAP MANAJEMEN LABA DENGAN GOOD CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERATING

Abstract

This research aims to analyze: (1) the influence of leverage on earnings management. (2) the influence of leverage on earnings management with good corporate governance as moderating variable. The population of research is all the Banking companies which is listed in the Indonesia Stock Exchange in 2013-2016 amounted to 11 companies. Sampling technique using purpose sampling. The sample of this research amounted to 44 companies. Data analysis with multiple regression and MRA (Metoderated Regression Analysis) method with using SPSS (Statistical Product and Service Solution) tool. The results of this research indicates that leverage negatively influenced the earnings management and managerial ownership moderate the negative influence between leverage and earnings management. As for institutional ownership and independent commissioner does not influenced the relationship between leverage and earnings management. This suggests that with the existence of institutional shareholdings and the compositions of independent commissioner within the company cannot influenced the level of leverage to earnings management.
Keywords: Leverage, earnings management, good corporate governance