PENGARUH KARAKTERISTIK DEWAN KOMISARIS, KOMITE AUDIT, DAN STRUKTUR KEPEMILIKAN TERHADAP MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI TAHUN 2005-2007

Abstract

This research aims to investigate the extent of boards characteristics, audit committee, and ownership structure in reducing earning management. The boards characteristics was measured by the proportion of outside director, the competence ofoutside director, and the size ofthe directors. Audit committee was measured by the competence of audit committee members. Ownership structure was divided into managerial ownership and institutional ownership. Earnings management was measured by Modified Jones Model, which discretionary accrual was used as a proxy of earnings management. Multiple regression was used in this research. The sample of the study was the manufacturing companies listed in Jakarta Stock Exchange in the observation periods of2005-2007. The data was collected using purposive sampling method. The number ofsample ofthe company was 123. The result showed that only ROA was positively related to earnings management. The others variables were not related to earnings management. Keywords: boards characteristics, audit committee, ownership structure, and earnings management