PENGARUH MEKANISME CORPORATE GOVERNANCE TERHADAP MANAJEMEN LABA (Studi Empiris terhadap Perusahaan Manufaktur di Bursa Efek Indonesia tahun 2003-2007)

Abstract

Purpose of this research is to give empirically evidence the influence of corporate governance mechanism to the earning management. Corporate governance mechanism such as institutional ownership, managerial ownership, presence of independent ofcommissioner, board ofcommissioner size, audit committee, and board ofdirector size. The research uses secondary data at manufacturing firm in Indonesian Stock Exchange at 2003 until 2007. The data collected use purposive sampling method. Statistical analysis method used is multiple regression. This research's results show that (1) institutional ownership had not significant influence to earning management; (2) managerial ownership had not significant influence to earning management, (3) presence of independent of commissioner had not significant influence to earning management; (4) board ofcommissioner size had negative significant influence to earning management, (S) audit committee had not significant influence to earning management; (6) board of director size had not significant influence to earning management. However, those are simultaneously institutional ownership; managerial ownership ; presence of independent of commissioner, board ofcommissioner size; audit committee; board ofdirector size had significant influence to earning management. Keywords : Earning management, Corporate governance, Institutional ownership, Managerial ownership, Presence of independent ofcommissioner, Board ofcommissioner size, Audit committee, and Board of director size.