PENGARUH KARAKTERISTIK DEWAN KOMISARIS TERHADAP TINGKAT KONSERVATISME AKUNTANSI

Abstract

This study aims to examine the influence of board of commissioner’s characteristics for accounting conservatism level. Accounting conservatism level is a dependent variable in this study that measured by accrual and market value measurement. Independent variable in this study are independence commissioner proportion, stock ownership by affiliation commissioner, and commissioner board size. The samples of this research are the manufacturing firms listed in Indonesian Stock Exchange in 2005 -2007. The samples are collected using purposive sampling method and resulted 32 firms become the samples. Hyphoteses testing using OLS (Ordinary Least Square) regression analysis that fill the BLUE (Best Linear Unbiased Estimate) assumption. The result of this research shows that using different two proxy conservatism measurement, this research find different result. Therefore, this research conclude that the influence of board of commissioner’s characteristics for accounting conservatism level is influenced by using the measurement. By using the accrual measure, board of commissioner’s characteristics such as independence commissioner proportion, stock ownership by affiliation commissioner, and commissioner board size is not significant effect to the accounting conservatism level. Whereas, by using the market value measure, the three variable is significant effect to the accounting conservatism level. Keywords: Accounting conservatism level, accrual measurement, market value measurement, independence commissioner proportion, stock ownership by affiliation commissioner, commissioner board size