ANALISIS PENGARUH MANAJEMEN LABA TERHADAP TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN DENGAN CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERATING ( Studi Kasus Pada Perusahaan Manufaktur yang Terdaftar di BEI tahun 2009-2010 )

Abstract

The aim of this research is to examine the influence of Earnings Management to Corporate Social Responsibility and Corporate Governance as the moderating variable in relations between them. Two proxies used for Corporate Governance mechanism are board size and the number of audit commitee meetings. Firm size, firm’s leverage and profitability are used as control variables. Earnings management is measured by discreationary accrual by modified Jones model (1995). The sample of this research is manufactured companies which are listed in Indonesian Stock Exchange (IDX) in 2009-2010. Data used in this study are taken from annual reports and sustainable report of manufactured companies listed on the IDX. Samples are obtained by purposive sampling method. Hypothesis testing method used is multiple regression analysis. There are 56 companies fulfilling criterion as this research sample. Result of this research indicates that Earnings Management has a negative influence to Corporate Social Responsibility. Firm’s size, firm leverage and profitability as control variables have significant effects to the relationship between Earning Management and Corporate Social Responsibility. Meanwhile result of the test to moderating variables show that board size has not significant effect whereas the number of audit commitee meetings have significant effect to the influence of Earnings Management to Corporate Social Responsibility.