Pengaruh Capital Intencity Ratio, Free Cash Flow, Kualitas Audit, dan Leverage terhadap Manajemen Laba pada Perusahaan Manufaktur yang Terdaftar Di BEI

Abstract

The purpose of this research is to analyze the influence of variable capital intencity ratio, free cash flow, audit quality, and leverage to earnings management action. The population in this study is manufacturing companies listed on the BEI during the period 2013-2015. Tests on the formulation using multiple regression analysis methods contained in the SPSS program. Based on the result of this research indicate that variable of capital intencity ratio, free cash flow, and audit quality do not influence to earnings management action. While the leverage variable has an influence on earnings management. This is evidenced by the average value of high sample company leverage. Management will try to manage its profits to reduce the failure rate to pay corporate liabilities.Keywords: Earnings Management, Capital Intencity Ratio, Free Cash Flow, Audit Quality, Leverage

Peranan Earning Management, Intensitas Modal, Leverage, Dan GCG Terhadap Kualitas Laba

“…Penelitian ini menggunakan manajemen laba sebagai variabel independen yang diduga mempengaruhi kualitas laba. Menurut (Ramadhani, 2017) dalam komponen-komponen akrual pada laporan keuangan dapat dimanipulasi nilainya melalui metode akuntansi yang digunakan dalam penyusunan laporan keuangan sesuai keinginan penyusun laporan keuangan. Penyerahan wewenang kepada manajemen oleh pihak pemilik menjadikan adanya pembatasan informasi yang diterima pemilik, atau sering disebut dengan adanya asimetri informasi karena adanya praktik manajemen laba.…”

“…Pendapat ini selaras dengan penelitian (Fitriani et al, 2017) bahwa capital intensity ratio berpengaruh signifikan dan positif pada manajemen laba. Pendapat tersebut berbeda dengan (Ramadhani, 2017) yang mengungkapkan tidak adanya pengaruh capital intensity ratio terhadap manajemen laba.…”

“…Intensitas modal menurut (Ramadhani, 2017) aktivitas investasi oleh perusahaan yang berkaitan dengan jalan berinvestasi dalam pembelian aset tetap. Rasio intensitas modal menunjukkan tingkat besar kecilnya investasi aset tetap yang digunakan dalam perusahaan untuk mencapai pertumbuhan yang diingikan, rasio ini menunjukkan jika nilainya semakin rendah maka modal yang dibutuhkan untuk berinvestasi menjadi semakin kecil (Fitriani et al, 2017).…”

Effect of Bid Ask Spread, Profitability, and Free Cash Flow on Earning Management

“…This is what drives management to make earnings management when free cash flow is high, investors will be more interested in investing their capital in the company. Research conducted by (Nekhili et al, 2016) found that free cash flow has a significant effect on earnings management while research conducted by (Ramadhani et al, 2017) states that free cash flow has no significant effect on earnings management.…”

“…Free cash flow illustrates how much the company's ability to survive in a bad situation so that the greater the free cash flow the company has, the greater its ability to survive. When the free cash flow of a company is small, its ability to financing the investment and capital for its operational activities will not be fulfilled so that new sources of funding will be needed to meet its needs (Ramadhani et al, 2017). This is what drives management to make earnings management when free cash flow is high, investors will be more interested in investing their capital in the company.…”