PENGARUH STRUKTUR KEPEMILIKAN DAN KINERJA KEUANGAN TERHADAP MANAJEMEN LABA

Abstract

This research aimed to examine the effect of ownership structure and financial performance which was measured by managerial ownership (KM), institutional ownership (KI), profitability (ROA), leverage (DER) and firm size (Size) on the earnings management (DA). The population was companies which listen on Indonesia Stock Exchange (IDX) 2015-2016. The research was quantitative. While, the data collection technique used purposive sampling, in which the sample was taken based on criteria given. In line with, the data was in the form of annual financial statement and summary of company performance in accordance with the data requirements. Moreover, there were 23 manufacturing companies which were listen on Indonesia Stock Exchange (IDX) 2015-2017 as sample with 69 observational data. However, because there were some data which not normal, there were three outlier data that had to be disposed. As consequence, there were 66 observational data which obtained. The research result conclude managerial ownership had negative effect on the earning management. On the other had, profitability (ROA) had positive effect on the earning management. Furthermore, institutional ownership (KI), leverage (DER), and firm size (Size) did not affect the earning management.
Keywords : earning management, ownership structure, financial performance