Pengaruh Manajemen Laba Terhadap Nilai Perusahaan Dengan Corporate Governance Sebagai Variabel Pemoderasi

Abstract

High corporate values can increase the prosperity of shareholders so that they will invest their capital into the company's stock which causes the company's management to practice earnings management and can be overcome or minimized with its own supervision through corporate governance. For that we need research about the effect of earnings management on corporate value with corporate governance as a moderator variable. Based on the background of the above problem, the formulation of the problem in this research is What profit management affects corporate value, corporate governance with managerial ownership ownership, institutional ownership, proportion of independent board of commissioners, audit quality affect the relationship between earnings management to corporate value? The purpose of this research is to prove the influence of earnings management on corporate value, corporate governance with managerial ownership, institutional ownership, proportion of independent board of commissioner, audit quality to the relationship between earnings management to company value at manufacturing company in Indonesia Stock Exchange. This research uses quantitative method and the data used is secondary data which is financial report of manufacturing company in Bursa Efek Indonesia during period 2013-2015. The sample in research using purposive sampling method, found 40 companies that enter the criteria. Hypothesis testing is done by using multiple linear regression analysis to test the simultaneous influence of sever The results prove that earnings management can raise the value of the company. The moderating variables that affect the relationship of earnings management to firm value are managerial ownership and institutional ownership. While the proportion of independent board of commissioners, and audit quality is not a moderating variable. Keywords:Earnings management, corporate value, corporate governance, managerial ownership, institutional ownership, proportion of independent board of commissioners, audit quality al independent variables on one dependent variable.

The Effect of Gross Profit Margin, Intellectual Capital, Investment Opportunity Set on Firm Value with Earnings Management as an Intervening Variable

“…So earnings management does not affect firm value. This research is in line with (Kamil & Hapsari, 2004). But this study differents in its results that earnings management can increase firm value (Hernadianto & Oktarina, 2021), (Prabowo, 2022).…”

“…fully submit to management who better understand the internal company in implementing accounting policies. The results of this study are in line with Hernadianto & Oktarina, (2021). But the results of this study are not in line with Prabowo, (2022).…”

Determining the Factors Can Influence the Firm Value: To Create Good Corporate Governance

“…Earning management adds to the bias of financial reports and can disturb report users who already believe engineered profits are unengineered profits (Violeta & Serly, 2020). so that earnings management affects the value of the company Hendra & Erinos, (2020), Riswandi & Yuniarti, (2020), nersiyanti et al, (2018), Kamil, (2014, Prabowo & Kusdianti, (2017) Earning Management can be measured using the modified Jones model: DA = Discretionary Accruals TAC = Total Accruals Company AT = Total asset NDA = Nondiscretionary Accruals…”

Corporate Governance Memoderasi Pengaruh Manajemen Laba Riil terhadap Nilai Perusahaan

“…Penelitian ini tidak sejalan dengan penelitian (Ferdawati 2009) yang menyatakan bahwa manajemen laba riil tidak berpengaruh signifikan terhadap nilai perusahaan. Disamping itu, investor bereaksi terhadap perhitungan laba dan manajemen dapat menyesatkan investor (naive investor) dengan melakukan manajemen laba riil.…”