Pengaruh Mekanisme Corporate Governance Terhadap Konservatisme Akuntansi Dengan Intensitas Fair Value Sebagai Pemoderasi

Abstract

The purpose of this research is to examine the effect of corporate governance mechanisms that are moderated by fair value on the level of accounting conservatism. The corporate governance mechanism consists of an independent commissioner, an institutional ownership structure, a foreign ownership structure and audit quality. Research conducted on manufacturing companies and financial companies listed on the Stock Exchange period 2016-2018, purposive sampling method was used to determine the research sample so that 93 manufacturing companies and 52 financial companies was obtained. Hypothesis testing is done by multiple regression methods. The results showed that the independence of commissioners had a positive effect on the level of accounting conservatism. In manufacturing companies, institutional ownership structure does not affect the level of conservatism, whereas in financial companies, institutional ownership structure influences the level of accounting conservatism. Other corporate governance mechanisms, foreign ownership and audit quality, do not influence the level of accounting conservatism in both manufacturing and financial companies. The intensity of fair value in both sectors of the company has a negative effect, or weakens the relationship of corporate governance mechanisms to the level of accounting conservatism Keywords: Accounting Conservatism; Fair Value; Corporate Governance

The Role of Good Corporate Governance in Influenced Accounting Conservatism of Manufacturing Companies in Indonesia

“…This study supports the hypothesis proposed by (Alvino & Sebrina, 2020;Yuniarti & Pratomo, 2020;Pratomo & Havivah, 2021;Novianti & Astohar, 2015) that independent commissioners have a positive effect on accounting conservatism. With the presence of independent commissioners in a company, the company's financial reporting process will be well-monitored in the sample companies that have been studied so that in carrying out their financial reporting, the company is more careful.…”

Accounting Conservatism: The Implementation of Internal and External Governance

“…Independent committee members can affect the quality of the financial statements, which in turn affects the quality of the income statement. The results of this study are consistent with [10] that audit quality does not affect accounting conservatism.…”

“…The independent commissioners ensures that management uses accounting principles to prepare accurate financial reports by applying conservative accounting [9]. This contention is upheld by a ponder by [10]; [11] prove that independent commissioners have a positive impact conservatism of accounting. Independent commissioner oversight of more amounts, or 30%, has been shown to increase accounting conservatism in the sample of companies surveyed and to make management more diligent in reporting financial statements.…”

influence of the board commissioners’s characteristics on conservatism with gender as a moderating variable

“…The supervisory function that should be the responsibility of board members becomes ineffective. The independent commissioner only prioritizes independence that the Independent Commissioner does not come from within the company, where his background does not come from finance, so it does not guarantee that the independent commissioner understands conservatism (Alvino & Sebrina, 2020;Andreas et al, 2017;Tubagus, 2020).…”