STRUKTUR KEPEMILIKAN DAN PRAKTIK EARNINGS MANAGEMENT PADA INDUSTRI KEUANGAN DI INDONESIA
| Main Author: | ARI CONDROWAHONO, 090810348 |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2013
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| Subjects: | |
| Online Access: |
http://repository.unair.ac.id/37465/1/gdlhub-gdl-s2-2013-condrowaho-27709-4.abst-t.pdf http://repository.unair.ac.id/37465/2/gdlhub-gdl-s2-2013-condrowaho-27709-full%20text.pdf http://repository.unair.ac.id/37465/ http://lib.unair.ac.id |
Daftar Isi:
- This research studies the existence of earnings management practice especially related to ownership structure (managerial ownership and institutional ownership) with existence of controlling shareholder involve in management, existence of second controlling shareholders, business groups affiliation, and dividend as moderating variables. We use loan loss provision as proxy for accruals to measure earnings management. By using sample consists of financial industries listed in the Indonesia Stock Exchange for the period from 2008 to 2010, empirical evidences show that managerial ownership affect significantly reduce earnings management. However institutional ownership doesn’t affect significantly to reduce earnings management. Interaction of existence of controlling shareholder involve in management, business groups affiliation with managerial ownership and institutional ownership doesn’t affect significantly to earnings management. Interaction of dividend with managerial ownership doesn’t affect significantly to reduce earnings management, however interaction of dividend with institutional ownership affect significantly to reduce earnings management. Dividend act as pure moderating variable. It means that dividend as independent variable not significant, but when interact with other independent variable, the result is significant.