PENGARUH MEKANISME CORPORATE GOVERNANCE, PROFITABILITAS, UKURAN PERUSAHAAN, DAN LEVERAGE TERHADAP MANAJEMEN LABA

Abstract

This research aimed to examine the effect of corporate governance, profitability, firm size, and leverage on asset
management. Based on the purposive sampling method obtained a sample of 14 goods manufacturing companies
which were listed on Indonesia Stock Exchange 2013-2017. The data analysis technique used multiple linier
regression. The research result concluded institusional ownership and managerial ownership had negative effect
on asset management, it meant a high level ownership could prevent asset management action. Independent
commissioner board did’nt have effect on asset management, it meant proportion of independent commissioner
board could’nt minimalize asset management practice. The board of directors did’nt have effect on asset
management, it meant a large number of board directors could’nt monitor asset management action. The audit
committee did’nt have effect on asset management, it meant the amount of audit committee could’nt minimalize
asset management practice. Profitability had positive effect on asset management, it meant a high level of
profitability could increased asset management. Firm size had negative effect on asset management, it meant a
large firm size could minimalize management action. Leverage had positive effect on asset management, it meant
a high level of leverage could increased asset management.
Keywords: Corporate Governance, Profitability, Leverage, Asset Management