ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PRAKTIK PERATAAN LABA (INCOME SMOOTHING) (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2006-2010)

Abstract

The aim of this study to examine the influence of profitability, financial leverage, size of the company, and managerial ownership toward income smoothing practice among manufacture companies listed at Indonesia Stock Exchange. Discretionary accrual with modified jones is used to determine the income smoothing practice. The study was using 61 manufacture company listed in Indonesia Stock Exchange, with a period between 2006-2010. The hypothesis were tested using multiple regression to examine the influence of profitability, financial leverage, size of the company, and managerial ownership type toward income smoothing practice. The result of this study showed that financial leverage has positive significant influence to income smoothing, size of the company has negative significant influence to income smoothing. While the profitability and managerial ownership variables did not have significant influence to income smoothing.