PENGARUH BEBAN PAJAK TANGGUHAN, KEPEMILIKAN MANAJERIAL, PROFITABILITAS, DAN LEVERAGE TERHADAP MANAJEMEN LABA

Abstract

This research aimed to examine the effect of company’s characteristics on profit management which was measured by discretionary accruals. While, the companies’ characteristics were namely deferred tax expanse, managerial ownership, profitability and leverage. The research sample was 56 cosmetics, food, and bavarages, houseware, pharma and tobacco companies which were listed on Indonesia Stock Exchange (IDX) during 2017-2019. Moreover, the instrument used documentation, which was taken from companies’ annual financial statements through the website of Indonesia Stock Exchange (IDX). Furthermore, the data collection technique used to measure discretionary accruals cost and management stock share with outstanding stock was used to measure managerial ownership. In addition, Return on Assets (ROA) and Debt Ratio were used to measure profitability and leverage. The research result concluded that both deferred tax expense and leverage had a positive effect on profit management. On the other hand, managerial ownership as well as profitability had a negative effect on profit management.
Keywords: profit management, deferred tax expanse, managerial ownership, profitability, leverage