<p><em><span lang="IN"><strong>ABSTRACT :</strong> This study examines the effect of earnings management to annual report readability. This study uses data from the non-financial sector of companies listed on the Indonesia Stock Exchange (BEI) for the period (2014-2018) with a total of 825 observations. The data collection technique uses purposive sampling and data analysis uses multiple regression analysis methods. Based on the results of the research on the first hypothesis, an increase in income reflects earnings management which negatively affects the annual report readability, while the results of the second and third hypotheses are an increase in income and discretionary accruals as well as an increase in income and discretionary accruals above the median, both of which simultaneously reflect earnings management that are not significantly influence the annual report readability</span></em></p><p><strong><em>Keywords:</em></strong><em> </em><em>earnings management, annual report readability, discretionary accruals</em></p><p> </p><p><strong>ABSTRAK :</strong> Tujuan penelitian ini untuk menguji pengaruh manajemen laba terhadap keterbacaan laporan tahunan dengan menggunakan data sektor non-keuangan perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) periode (2014-2018). Total observasi yaitu 825, dengan menggunakan teknik pengumpulan data menggunakan <em>purposive sampling </em>dan analisis data memakai metode analisis regresi berganda. Hasil penelitian menunjukkan bahwa peningkatan pendapatan mencerminkan manajemen laba yang berpengaruh negatif terhadap keterbacaan laporan tahunan, sedangkan hasil hipotesis kedua dan ketiga yaitu peningkatan pendapatan dan <em>discretionary</em> <em>accruals</em> serta peningkatan pendapatan dan <em>discretionary</em> <em>accruals</em> di atas median, keduanya secara bersamaan mencerminkan manajemen laba yang tidak berpengaruh secara signifikan terhadap keterbacaan laporan tahunan.<strong></strong></p><p><strong>Kata Kunci:</strong> manajemen laba, keterbacaan laporan tahunan, <em>discretionary accruals</em></p><p> </p><p><em><span lang="IN"><br /></span></em></p>
This study aims to provide empirical evidence regarding the effect of financial distress towards earnings management and the role internal audit as a moderating variable. This study uses all non-financial companies listed in Indonesia Stock Exchange during 2013-2019, totalled 1,442 observations. The results show that Distress1 proxied by z-score can reduce accrual and real earnings management practices, while D_Distress2 proxied by net working capital can increase accrual earnings management but reduce real earnings management practices. In addition, internal audit does not have a moderating role in weakening the effect of financial distress on earnings management but can reduce accrual and real earnings management practices.
<p>This study aims to provide empirical evidence related to the influence of family ownership, tax reform on corporate debt policy, and further prove the impact on the firm value.This study examined the effect of changes in tax rates in 2009 and 2010 on the relationship between family ownership structure and corporate debt policy. The population of this research is manufacturing companies listed in Indonesia Stock Exchange for 8 consecutive years (2006-2013), with the period of observation for 7 years (2007-2013). A period of 8 years was taken to see a company that is consistently listed on the Stock Exchange prior to the end of the observation period. The result of this study shows that tax reform from progressive tax rates to a flat rate does not affect the relationship between family ownership structure and corporate debt policy. In contrast to the year 2009, changing rate from 28% to 25% in late 2010 was a significant effect on the debt policy with the company of family ownership. Based on the results, it was found that family ownership and debt policy significantly affect the company's enterprise value. It can be concluded, the higher the family ownership, the company's value would be diminished. Instead, the company's value will increase when the company adds to its debt policy.</p><p>Keywords : debt policy, family ownership, firm value, tax reform.</p>
Abstract- The purpose of this study to examine how agency theory plays a role in determining the factors that affect audit report lag. The difference in outcomes on factors affecting audit report lag in Indonesia and in Malaysia can be due to differences in corporate culture, economic environment, and existing regulations. The test is empirically focused on corporate governance, profitability, firm size and complexity for audit report lag both in Indonesia and Malay. The test uses multiple linear regression method with purposive sampling technique at 308 companies listed on Indonesia Stock Exchange and 361 companies at Bursa Malaysia for the period of 2015. Test results show that profitability called profit or loss of company is the main reason company to immediately publish its financial statement, thus reducing the occurrence of audit report lag. While other factors show different results in both countries. Especially for capital market authorities in Indonesia, it is necessary to consider efforts to improve the timeliness of financial reporting in Indonesia in order to improve the quality of the capital market in order to compete with other developing countries in the ASEAN region. Keywords: agency theory, audit report lag, corporate governance
Abstract— The purpose of this study is to examine the effect of opportunistic behavior, leverage, financial distress on earnings management. Samples were obtained from non-financial companies that reported financial reports in a row from 2010-2019 with a purposive sampling method, so as to obtain data as much as 232 observations. Earnings management is measured using the Kothari (2005) model, opportunistic behavior consisting of free cash flow (FCF) as measured by the Lehn & Poulsen method (1989) and profitability as measured by Return on Assets (ROA), leverage is measured by Debt Ratio and financial distress. measured by Zmijewski's (1984) model during the study period. Data were tested using multiple linear regression through the STATA program. The results showed that opportunistic behavior as proxied by profitability can increase managers' motivation towards earnings management, as well as leverage. However, opportunistic behavior as proxied by free cash flow is not in accordance with predictions, while financial distress has no significant effect on earnings management. Keywords: Earnings Management; Opportunistic Behaviour; Leverage; Financial Distress; Zmijewski Model
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.