Politic influence dan corporate governance terhadap earning management perusahaan sub sektor kontruksi di bei

Gery Nugroho, Ardi Paminto, Rizky Yudaruddin

Abstract


Penelitian ini bertujuan untuk menjelaskan pengaruh Politic Influence dan Corporate Governance terhadap Earning Management. Objek dari penelitian ini adalah perusahaan sektor kontruksi yang terdaftar di Bursa Efek Indonesia (BEI) periode 2015-2018. Dengan jumlah populasi 18 perusahaan dan jumlah sampel berdasarkan teknik purposive sampling yaitu 11 perusahaan. Alat analisis yang digunakan adalah regresi data panel. Hasil penelitian menunjukkan bahwa politic influence berpengaruh positif siginifikan terhadap earning management, politic influence berpengaruh negatif signifikan terhadap corporate governance, corporate governance berpengaruh positif signifikan terhadap earning management, corporate governance tidak memiliki pengaruh mediasi antara politic influence terhadap earning management.

Keywords


Pengaruh Politik; Tata Kelola Perusahaan; dan Manajemen Laba

References


Achleitner, A. K., Günther, N., Kaserer, C., & Siciliano, G. (2014). Real Earnings Management And Accrual-Based Earnings Management In Family Firms. European Accounting Review. https://doi.org/10.1080/09638180.2014.895620

Ali, A., Chen, T. Y., & Radhakrishnan, S. (2007). Corporate Disclosures By Family Firms. Journal of Accounting and Economics. https://doi.org/10.1016/j.jacceco.2007.01.006

Anderson, R. C., & Reeb, D. M. (2004). Board Composition: Balancing Family Influence In S&P 500 Firms. In Administrative Science Quarterly. https://doi.org/10.2307/4131472

Apriyani, Ika, S. R., & Sarnowo, H. (2019). Pengaruh Koneksi Politik Dan Corporate Governance Terhadap Manajemen Laba. Isei Economic Review, II, 8–15.

Bank, A. D. (1998). Governance in Asia: From crisis to opportunity. Manila: Asian Development Bank. Www.Adb.Org. https://www.adb.org/sites/default/files/institutional-document/31333/ar1998.pdf

Baron, R. M., & Kenny, D. A. (1986). The Moderator-Mediator Variable Distinction In Social Psychological Research: Conceptual, Strategic, And Statistical Considerations. Journal of Personality and Social Psychology. https://doi.org/10.1037//0022-3514.51.6.1173

Bédard, J., Chtourou, S. M., & Courteau, L. (2004). The Effect Of Audit Committee Expertise, Independence, And Activity On Aggressive Earnings Management. Auditing. https://doi.org/10.2308/aud.2004.23.2.13

Bertrand, M., Kramarz, F., Schoar, A., & Thesmar, D. (2004). Politically Connected CEOs and Corporate Outcomes: Evidence from France. NBER Working Papers. https://doi.org/10.1016/j.jfineco.2006.03.008

Boatright, J. R. (2012). Corporate Governance. In Encyclopedia of Applied Ethics. https://doi.org/10.1016/B978-0-12-373932-2.00098-3

Braam, G., Nandy, M., Weitzel, U., & Lodh, S. (2015). Accrual-Based And Real Earnings Management And Political Connections. International Journal of Accounting. https://doi.org/10.1016/j.intacc.2013.10.009

Brown, L. D., & Caylor, M. L. (2006). Corporate Governance And Firm Valuation. Journal Of Accounting And Public Policy. https://doi.org/10.1016/j.jaccpubpol.2006.05.005

Budianti, N., & Sulistyawati, A. I. (2019). Pengaruh Corporate Governance, Ukuran Perusahaan Dan Laverage Terhadap Manajemen Laba. 17, 49–74.

Bushman, R. M., Piotroski, J. D., & Smith, A. J. (2004). What Determines Corporate Transparency? In Journal of Accounting Research. https://doi.org/10.1111/j.1475-679X.2004.00136.x

Byard, D., Li, Y., & Weintrop, J. (2006). Corporate governance and the quality of financial analysts’ information. Journal of Accounting and Public Policy. https://doi.org/10.1016/j.jaccpubpol.2006.07.003

Chaney, P. K., Faccio, M., & Parsley, D. C. (2011). The Quality of Accounting Information in Politically Connected Firms. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.966379

Chung, R., Firth, M., & Kim, J. B. (2005). Earnings Management, Surplus Free Cash Flow, And External Monitoring. Journal of Business Research. https://doi.org/10.1016/j.jbusres.2003.12.002

Claessens, S., & Fan, J. P. H. (2002). Corporate Governance in Asia: A Survey. International Review of Finance. https://doi.org/10.1111/1468-2443.00034

Collins, D. W., & Hribar, P. (2000). Earnings-based and accrual-based market anomalies: One effect or two? Journal of Accounting and Economics, 29(1), 101–123. https://doi.org/10.1016/S0165-4101(00)00015-X

Darmawan, D. (2018). Pengaruh Hubungan Politik Terhadap Manajemen Laba Pada Perusahaan Sektor Jasa Dengan Variabel Kontrol Ukuran Perusahaan Dan Kualitas Audit. Jurnal Keuangan Dan Bisnis, 30–46.

Dechow, Patricia M. ; Sloan, Richard G. ; Sweeney, A. P. (1996). Causes and Consequences of Earnings Manipulation : An Analysis of Firms Subject to Enforcement Actions by the SEC. Contemporary Accounting Research, 13(l), 1–36. https://doi.org/10.1111/j.1911-3846.1996.tb00490.x

Faccio, M. (2006). Politically connected firms. American Economic Review. https://doi.org/10.1257/000282806776157704

Fan, J. P. H., & Wong, T. J. (2002). Corporate ownership structure and the informativeness of accounting earnings in East Asia. Journal of Accounting and Economics. https://doi.org/10.1016/S0165-4101(02)00047-2

Fan, J. P. H., Wong, T. J., & Zhang, T. (2007). Politically connected CEOs, corporate governance, and Post-IPO performance of China’s newly partially privatized firms. Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2006.03.008

García Lara, J. M., García Osma, B., & Penalva, F. (2009). Accounting conservatism and corporate governance. Review of Accounting Studies, 14(1), 161–201. https://doi.org/10.1007/s11142-007-9060-1

Ghozali, I. (2006). Aplikasi Analisis Multivariate dengan menggunakan SPSS. In Gramedia.

Harymawan, I., & Nowland, J. (2016). Political connections and earnings quality. International Journal of Accounting & Information Management. https://doi.org/10.1108/ijaim-05-2016-0056

La Porta, R., Lopez-De-Silanes, F., & Shleifer, A. (2002). Government ownership of banks. Journal of Finance. https://doi.org/10.1111/1540-6261.00422

Lambert, R. A. (1984). Income Smoothing Equilibrium as Rational Equilibrium Behavior. The Accounting Review. https://doi.org/247322

Leuz, C., Nanda, D., & Wysocki, P. D. (2003). Earnings management and investor protection: An international comparison. Journal of Financial Economics. https://doi.org/10.1016/S0304-405X(03)00121-1

Leuz, C., & Oberholzer-Gee, F. (2006). Political relationships, global financing, and corporate transparency: Evidence from Indonesia. Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2005.06.006

Linder, S., & Foss, N. J. (2015). Agency Theory. In International Encyclopedia of the Social & Behavioral Sciences: Second Edition. https://doi.org/10.1016/B978-0-08-097086-8.73038-8

Lopes, P. T., & Rodrigues, L. L. (2007). Accounting for financial instruments: An analysis of the determinants of disclosure in the Portuguese stock exchange. International Journal of Accounting. https://doi.org/10.1016/j.intacc.2006.12.002

Melis, A. (2004). Financial Reporting, Corporate Communication and Governance. 1(2), 31–37.

Monica, L. (2018). Pengaruh Corporate Governance Terhadap Manajemen Laba Di Indonesia. Jurnal Studi Manajemen Dan Bisnis, 5(2), 70–74.

Murtini, U., & Mansyur, R. (2012). Pengaruh Corporate Governance Terhadap Manajemen Laba Perusahaan Di Indonesia. 8, 69–78.

Mustami, A. A. K. co. i. (2018). Lima sektor penyumbang terbesar PDB tumbuh positif, tapi pertanian melambat. Www.Nasional.Kontan.Co.Id. https://nasional.kontan.co.id/news/lima-sektor-penyumbang-terbesar-pdb-tumbuh-positif-tapi-pertanian-melambat

Nee, V., Opper, S., & Wong, S. (2007). Developmental State and Corporate Governance in China. Management and Organization Review. https://doi.org/10.1111/j.1740-8784.2007.00061.x

Ngo, T., & Susnjara, J. (2017). The effect of political connections on earnings management: The evidence from government suppliers. 1–48.

Nuryaman. (2008). Pengaruh konsentrasi kepemilikan, ukuran perusahaan, dan mekanisme corporate governance terhadap manajemen laba. Simposium Nasional AKuntan XI, Pontianak.

Rahardi, T., & Prastiwi, A. (2014). Pengaruh Corporate Governance Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur Di Bursa Efek Indonesia Tahun 2009-2012). DIPONEGORO JOURNAL OF ACCOUNTING, 3(1), 1–14.

Redmayne, N. B. (2004). Copyright is owned by the Author of the thesis . Permission is given for a copy to be downloaded by an individual for the purpose of research and private study only . The thesis may not be reproduced elsewhere without the permission of the Author . https://mro.massey.ac.nz/bitstream/handle/10179/1737/02_whole.pdf?sequence=1&isAllowed=y

Richardson, S. (2006). Over-investment of free cash flow. Review of Accounting Studies. https://doi.org/10.1007/s11142-006-9012-1

Rodríguez, G. C., Espejo, C. A. D., & Cabrera, R. V. (2007). Incentives management during privatization: An agency perspective. Journal of Management Studies. https://doi.org/10.1111/j.1467-6486.2006.00676.x

Salleh, M. F. B. M. (2009). Political Influence, Corporate Governance And Financial Reporting Quality: Evidence From Companies In Malaysia. Massey University.

Schipper, K. (1989). Commentary on earning management. Accounting Horizons. https://doi.org/10.1016/0361-3682(86)90013-9

Sefiana, E. (2008). Pengaruh Penerapan Corporate Governance Terhadap Manajemen Laba Pada Perusahaan Perbankan Yang Telah Go Public Di BEI. Akuntansi, Fakultas Ekonomi, Universitas Gunadarma, 1–11.

Shen, C. H., & Chih, H. L. (2007). Earnings management and corporate governance in Asia’s emerging markets. Corporate Governance: An International Review. https://doi.org/10.1111/j.1467-8683.2007.00624.x

Sobel, M. E. (1982). Asymptotic Confidence Intervals for Indirect Effects in Structural Equation Models. Sociological Methodology. https://doi.org/10.2307/270723

Stocken, P. C., & Verrecchia, R. E. (2004). Financial reporting system choice and disclosure management. Accounting Review. https://doi.org/10.2308/accr.2004.79.4.1181

Suh, Y. S. (1990). Communication and Income Smoothing Through Accounting Method Choice. Management Science. https://doi.org/10.1287/mnsc.36.6.704

Suheny, E. (2019). Pengaruh Corporate Governance, Ukuran Perusahaan, Leverage, Dan Kualitas Audit Terhadap Manajemen Laba. Jurnal Ekonomi Vokasi, 2(1), 26–43.

Ujiyantho, M. A., & Agus Pramuka, B. (2007). Mekanisme Corporate Governance, Manajemen Laba Dan Kinerja Keuangan. Simposium Nasional Akuntansi X.

Utami, C. K. (2008). Pengaruh Manajemen Laba Terhadap Tingkat Pengungkapan Laporan Keuangan Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Repository Universitas Widyatama, 1–71. https://repository.widyatama.ac.id/xmlui/handle/123456789/6202?show=full

Wang, Q., Wong, T. J., & Xia, L. (2008). State ownership, the institutional environment, and auditor choice: Evidence from China. Journal of Accounting and Economics. https://doi.org/10.1016/j.jacceco.2008.04.001

Widyaningsih, H. (2017). Pengaruh Corporate Governance Terhadap Manajemen Laba. Jurnal Nominal, 6(2), 91–107.

Xiea, B., III, W. N. D., & DaDalt, P. J. (2003). Earnings management and corporate governance: the role of the board and the audit committee. Journal of Corporate Finance, 9(1), 295–316. www.elsevier.com/locate/econbase

Yadaruddin, R. (2014). Statistik Ekonomi: Aplikasi Dengan Program SPSS Versi 20. Interpena Yogyakarta.

Zimmerman, J. L. (1977). The Municipal Accounting Maze: An Analysis of Political Incentives. Journal of Accounting Research. https://doi.org/10.2307/2490636




DOI: https://doi.org/10.30872/jimm.v7i3.8631

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 Jurnal Ilmu Manajemen Mulawarman (JIMM)

Crossref logo 

Editorial Address

Jurnal Ilmu Manajemen Mulawarman (JIMM)
Faculty of Economics and Business, Mulawarman University
Jl. Tanah Grogot No.1 Samarinda Kalimantan Timur 75119
Email: jimm.feb@gmail.com