JEFMS Journal

ABSTRACT:

This research aims to provide empirical evidence on the influence of corporate governance mechanism (audit committee, independence board of commissioner, institutional ownership, managerial ownership), accounting conservatism, and company size on earnings quality.

Sample used in this research are manufacturing company listed in Indonesia Stock Exchange (IDX) in 2016-2018 using purposive sampling and obtained 29 companies. This research used secondary data of annual report or financial statement obtained from Indonesia Stock Exchange (IDX) or company website in 2016-2018 period. Data were analyzed using multiple regression method.

The finding of this research are institutional ownership and managerial ownership partially has positive significant effect to earnings quality. The accounting conservatism and company size partially has negative significant effect to earnings quality. Whether the audit committee and independence board of commissioner has no significant effect to earnings quality. In addition, corporate governance mechanism, accounting conservatism and company size simultaneously has a significant effect to earnings quality.

KEYWORDS:

Corporate Governance Mechanism, Accounting Conservatism, Company Size, Earnings Quality

REFERENCES:

1. Basu, Sidupta. 2009. Conservatism Research: Historical Development and Future Prospect. China Journal of Accounting Research, 2(1).

2. Boediono, G. S. B (2005). Kualitaslaba: Studipengaruhmekanisme corporate governance dan dampakmanajemenlabadenganmenggunakananalisisjalur. Simposium Nasonal Akuntansi VIII, Solo.

3. Brigham, Eugene.F dan Joel F. Houston. 2009. Dasar-dasar Manajemen Keuangan. Edisi10.Jakarta: Salemba Empat.

4. Cho, L. Y., & Jun, K. (1991). Earnings response coefficients: A synthesis on theory and empirical evidence. Journal of Accounting Literature, 10, 85-116.

5. Dechow, PM, Sloan, RG & Sweeney, AP 1995, ‘Detecting earnings management’, The Accounting Review, vol.70, no.2, pp193-225.

6. Dechow, PM, Sloan, RG & Sweeney, AP 1996, ‘Causes and consequences of earnings manipulations: An analysis of firms subject to enforcement actions by the SEC’, Contemporary Accounting Research, vol.13, no.1, pp1-36.

7. [7] Dewi. 2018. Analyze growth, size of company, and corporate governance to earnings quality. E-Journal AkuntansiInstitut Agama Islam Negeri Surakarta.

8. [8] Dhyah, Seryorini dan WiwitAryanto. (2013). PengaruhKepemilikanManajerial, Institusional dan CSR terhadap Nilai Perusahaan Manufaktur Di BEI 2008-2010. JurnalProfita: KanjianIlmuAkuntansi, 1(1).

9. Dini Gunawan. 2017. AnalisisPengaruh

10. PenerapanMekanisme Good Corporate Governance TerhadapKualitasLaba.JurnalAkuntansiUniversitas Lampung, Bandar Lampung.

11. Dira, KadekPrawisanti dan Ida Bagus Putra Astika. 2014. PengaruhStruktur Modal, Likuiditas, PertumbuhanLaba, dan UkuranPerusahaan pada KualitasLaba.JurnalAkuntansiUniversitas Udayana, Vol. 7, No. 1: 64-78.

12. Fauzi, Muhammad Rizki. 2015. PengaruhProfitabilitas, Investment Opportunity Set (IOS) , dan Good Corporate Governance (CGC) TerhadapKualitasLaba.Skripsi. Jakarta: Universitas Islam Negeri SyarifHidayatullah.

13. Givoly, D., and C. Hayn. 2002. Rising Conservatism : Implications for Financial Analysis. Asociation for investment management and research. Financial Analisis Journal 58 (1).

14. Helina dan MeiryanandaPermanasari. Faktor-Faktor yang MempengaruhiKualitasLaba pada Perusahaan PublikManufaktur.JurnalBisnis dan Akuntansi Vol. 19, No. 1a, November 2017, Issue 5, Hlm. 325-334.

15. Indah Lia Puspita. 2018. Pengaruh Investment Opportunity Set, Corporate Covernance, PertumbuhanLaba Dan Struktur Modal TerhadapKualitasLaba.UniversitasMalahayati. JurnalRisetAkuntansi dan Manjemen, Vol. 7, No. 2, Desember 2018.

16. [16] Inrawati, Novita dan Lilla Yulianti. (2010). Mekanisme corporate governance dan kualitaslaba.PekbisJurnal, 2(2), 283 - 291.

17. Jensen, M. C. and Meckling, W.H. (1976). Theory of The Firm: Managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics, 3, 305-360.

18. Jensen, M. C., and W. H. Meckling. 1976. Theory of the firm : managerial behaviour, agency costs and ownership structure. Journal of financial economics Vol.3:305-360.

19. Kadek Agustina Anggara Jaya, Dewa GedeWirama. 2017. Pengaruh Investment Opportunity Set, Likuiditas, dan Ukuran Perusahaan Pada KualitasLaba. E-JurnalAkuntansiUniversitasUdayana Vol.21.3. Desember (2017).

20. Kazemi, H., H. Hemmati,and R. Faradivand. 2011. Investigating the Relationship Between Conservatism Accounting and Earnings Attributes. World Applieed Science Journal 12(9):1385-1396.

21. [21] Kieso, Donal E, Jerry J. Weygandt and Paul D. Kimmel. 2013. Financial Accounting, second edition. United States of America: John Wiley and Sons, Inc.

22. Miladita SepniatiAisyah. 2015. Analisispengaruh Struktur Modal dan Konservatisme Akuntansiterhadapkualitaslaba. JurnalAkuntansiUniversitas Islam Negri SyarifHidayatullah Jakarta.

23. Muid, Dul. 2009. PengaruhMekanisme Corporate Governance TerhadapKualitasLaba. Fokus Ekonomi Universitas Diponegoro, Vol 4, No. 2 Desember 2009:94-108.

24. Nela Indah Puspitowati, Anissa Amalia Mulya. 2014. PengaruhUkuranKomite Audit, Ukuran Dewan Komisaris, KepemilikanManajerial, Dan KepemilikanInstitusional TerhadapKualitasLaba. Universitas Budi Luhur. Vol. 3 No. 1 April 2014.

25. Noor Yudawan Putra, Subowo. 2016. The Effect of Accounting Conservatism, Investment Opportunity Set, Leverage, and Company Size on Earnings Quality.Universitas Negeri Semarang. Accounting Analysis Journal. AAJ 5 (4) (2016).

26. Novianti, R. (2012). Kajian kualitaslaba pada perusahaanmanufaktur yang terdaftar di BEI. Accounting Analysis Journal, 1(2), 1-6.

27. Penman, S.H., and Zhang, X.J. 1999. Accounting Conservatism, the Quality of Earnings, and Stock Returns. The Accounting Review.

28. Pergola, T. M., Joseph, G. W., &Jenzarli, A. (2006). Effects of corporate governance and board equity ownership on earnings quality.Working Paper Series. Retrieved 30 November, 2006, from:http://SSRN_ID927110_code6 65872.pdf.

29. Puteri, ParamithaAnggia dan Abdul Rohman. (2012). Analisispengaruh Investment Opportunity Set (IOS) dan mekanisme corporate governance terhadapkualitaslaba dan nilaiperusahaan. Diponegoro. Journal Of Accounting, 1(2), 1-14.

30. Putri Riyani. 2015. Pengaruh Mekanisme Corporate Governance, Ukuran Perusahaan, Leverage, Dan PertumbuhanInvestasi TerhadapKualitasLaba. Universitas Mahammadiyah Surakarta.

31. Putri Sudirman. 2018. Analisispengaruh Good Corporate Governance terhadapkualitaslaba.JurnalAkuntansiUniversitas Muslim Indonesia.

32. Putu MeidayanthiDarabali, Putu Wenny Saitri. 2016. AnalisisFaktor-Faktor Yang MempengaruhiKualitasLaba. Universitas Mahasaraswati Denpasar. Vol. 6 No. 1, Februari 2016.

33. Rachmawati, Andri dan HanungTriatmoko (2007). AnalisisFaktor-Faktor yang MempengaruhiKualitasLaba dan Nilai Perusahaan. Simposium Nasional Akuntansi X, Makassar.

34. Rachmawati, H.I. (2013). Pengaruh Good Corporate Governance (GCG) terhadapmanajemenlaba pada perusaaanperbankan. Accounting Analysis Journal, 2(1). doi:10.15294/aaj.v2i1.1136.

35. Rahmah Helmi. 2015. AnalisispengaruhKonservatismeAkuntansi dan Good Corporate Governance terhadapkualitaslaba. JurnalAkuntansiUniversitas Islam Negri SyarifHidayatullah Jakarta.

36. RedyArisonda. 2018. AnalisispengaruhStruktur Modal, Likuiditas, PertumbuhanLaba, Ukuran Perusahaan dan Invesment Opportunity Set (IOS) terhadapkualitaslaba.Jurnal of Accounting, 5(2).

37. Sadidi, Mehdi, Ali Saghafi, and Shahin Ahmad. 2011. Accounting Conservatism and the Effect of Earning Quality on the Return of Assets and Stock Return. Journal of Accounting Knowledge.2(6).

38. Scott, William R. (2003). Financial accounting theory, Edisi 3. USA. Prentice Hall.

39. Sefrita, Winda. (2011). Pengaruhukuranperusahaan, leverage, dan pertumbuhanlabaterhadapkualitaslaba pada perusahaan real estate and property yang terdaftar di BEI. FakultasEkonomiUniversitas Riau.

40. Sekaran, Uma dan Roger Bougie. 2016. Research Methods for Business. EdisiKetujuh. United Kingdom: John Wiley & Sons.

41. Sekaran, Uma. (2007). Research Methods for Business. Jakarta: PenerbitSalembaEmpat.

42. Siallagan, Hamonangan dan M. Machfoedz (2006). Mekanisme corporate governance, kualitaslaba dan nilaiperusahaan. SimposiumNasonal Akuntansi IX, Padang.

43. SilviyaYenniMarsela, MaryonoMaryono. 2018. Analisispengaruh Good Corporate Governance, Leverage, Profitabilitas dan Ukuran Perusahaan terhadapkualitaslaba.DinamikaAkuntansiKeuangan Dan Perbankan, 6(1).

44. Soebyakto, B. B., Dewi, K., Mukhtaruddin, Arsela, S. (2017). Investment opportunity set to earning quality and firm’s value: Corporate governance mechanism as moderating variable. Corporate Ownership & Control, 14(4-2), 435-448.

45. Sugiyono. 2010. MetodePenelitianBisnis. Bandung: Alfabeta.

46. Tuwentina, Putu.danWirama, Dewa Gede. 2014. Pengaruh KonservatismeAkuntansi dan Good Corporate Governance pada KualitasLaba.EJournalAkuntansiUniversitasUdayana.

47. Wati, P.W., dan I Wayan Putra. 2017. PengaruhUkuran Perusahaan, Leverage, danGood Corporate Governance pada KualitasLaba. EJurnalAkuntansiUniversitasUdayana. ISSN: 2302-8556. Vol.19.1. April (2017): 137-167.

48. www.idx.co.id

49. www.iicg.org

50. Yushita, N.A., dan Rahmawati, HanungTriatmoko. 2013. PengaruhMekanisme Corporate Governance, Kualitas Auditor Eksternal, dan LikuiditasterhadapKualitasLaba. Jurnal Economia, ISSN 1B5B-2648.Volume 9, No 2, 2013:116-226.

51. Zein, Aulia Kartika. 2016. PengaruhPertumbuhanLaba, Struktur Modal, Likuiditas, dan Komisaris

52. IndependenTerhadapKualitasLabadenganKomisarisIndependenDimoderasi Oleh KompetensiKomisarisIndependen. JOM Fekon. Volume 3 No. 1, Februari (2016).