ANALISIS PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP MANAJEMEN LABA (Studi Empiris pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Tahun 2007-2009)

Abstract

The purpose of this research is to examine the influence of good corporate governance mechanism about earnings management in manufacturing companies listed at Indonesian Stock Exchange during 2007 to 2009. The examined variables in this research are consisting of independent variables, dependent variable and control variable. The independents variables such as the structure of ownership managerial, independent commissioner board, quality of auditor, independent audit committee, frequency of committee meetings. While, the dependent variable is earnings management which is measured by discretionary accrual estimated by using Jones modified model. Last, the control variables are firm size and leverage. The population of this research is 99 samples from manufacturing companies listed at Indonesian Stock Exchange during 2007 to 2009. The sampling method used in this research is purposive sampling method. In addition, the data analysis method used is analysis regression and descriptive statistics. The result of this research indicates that the mechanism of good corporate governance which is represented by the structure of ownership managerial, independent commissioner board, quality of auditor, independent audit committee, and frequency of committee meeting do not have an effect on earnings management. However, this result has established that leverage gave positive influence toward earning management.