PENGARUH GOOD CORPORATE GOVERNANCE DAN KINERJA KEUANGAN TERHADAP MANAJEMEN LABA

Abstract

The research aimed to examine the effect of Good Corporate Governance which consisted of institutional ownership, managerial ownership, commissioner council size, and audit committee and financial performance which referred to Return On Assets on the profit management of Food and Beverages companies which were listed on Indonesia Stock Exchange.The population was Food and Beverages companies which were listed on Indonesia Stock Exchange 2014-2017 with 40 samples. While, the data collection technique used purposive sampling.moreover, the data used secondary, which were taken from Food and Beverages companies listed on Indonesia Stock Exchange. In addition, the data analysis technique used multiple linear regression.The research result, from F-test, concleded institutional ownership, managerial ownership, commissioner council size, audit committee and Return On Assets had affected on the profit management with significance of 0,031. Likewise, from the t-test , it concluded institutional ownership and managerial ownership had positive effect on the profit management. On the other hand, managerial ownership did not effect on the profit management. Furthermore, commissioner council size did not affect on the profit management. Besides, audit committee did not affect on the profit management. In addition the Return On Assets did not affected on the profit management.
Keywords:Good corporate Governance, Return On Assets, Profit Management.