PENGARUH STRUKTUR KEPEMILIKAN, TRANSAKSI PIHAK TERKAIT, DAN REPUTASI PERUSAHAAN TERHADAP MANAJEMEN LABA
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Published:
Jun 28, 2022
Keywords:
Struktur Kepemilikan, Transaksi dengan pihak yang memiliki hubungan istimewa, Reputasi perusahaan, Manajemen Laba.
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Abstract
Perusahaan dikelola oleh manajer yang seringkali bukan pemilik perusahaan. Situasi ini pada akhirnya akan mengarah pada pemisahan kepemilikan dari manajemen dan dapat menciptakan konflik kepentingan antara manajer dan pemilik. Penelitian ini menguji pengaruh struktur kepemilikan, transaksi pihak terkait, dan reputasi perusahaan terhadap manajemen laba. Sampel penelitian ini terdiri dari perusahaan manufaktur sektor industri barang konsumsi makanan dan minuman yang terdaftar di BEI periode 2015-2019. Penelitian ini menggunakan uji saphiro wilk dan uji multikolinearitas. Penelitian ini menghasilkan korelasi negatif antara kepemilikan terkonsentrasi, kepemilikan manajerial dengan manajemen laba, serta korelasi positif antara kepemilikan keluarga, kepemilikan institusional, reputasi perusahaan dengan manajemen laba. Namun demikian, transaksi piutang pihak terkait, transaksi utang pihak terkait tidak berhubungan dengan manajemen laba.
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Sari, Y., & Fanani, Z. (2022). PENGARUH STRUKTUR KEPEMILIKAN, TRANSAKSI PIHAK TERKAIT, DAN REPUTASI PERUSAHAAN TERHADAP MANAJEMEN LABA . Akurasi : Jurnal Studi Akuntansi Dan Keuangan, 5(1), 15-28. https://doi.org/10.29303/akurasi.v5i1.120
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Marchini, P. L., Mazza, T., & Medioli, A. (2018). The impact of related party transactions on earnings management: some insights from the Italian context. Journal of Management and Governance, 22(4), 981–1014.
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Nguyen, T., Locke, S., & Reddy, K. (2015). Ownership concentration and corporate performance from a dynamic perspective: Does national governance quality matter? International Review of Financial Analysis, 41, 148–161.
Putri, I. D., & Sofian, S. (2013). Analisis Pengaruh Struktur dan Mekanisme Good Corporate Governance, Ukuran Perusahaan dan Leverage Terhadap Manajemen Laba. Diponegoro Journal Of Management, 2(2), 263–278.
Rasmussen, S. J. (2013). Revenue recognition, earnings management, and earnings informativeness in the semiconductor industry. Accounting Horizons, 27(1), 91–112.
Rego, S. O., & Wilson, R. (2012). Equity risk incentives and corporate tax aggressiveness. Journal of Accounting Research, 50(3), 775–810.
Roberts, P. W., & Dowling, G. R. (2002). Corporate reputation and sustained superior financial performance. Strategic Management Journal, 23(12), 1077–1093.
Ross, S. A. (1977). The determination of financial structure: the incentive-signaling approach. The Bell Journal of Economics, 23–40.
Setiawan, A., & Hermawan, A. A. (2017). The Effect of Earnings Management Practice on Corporate Borrowing Capacity through Corporate Reputation. Advance in Economics, Business, and Management Research (AEBMR), 55.
Setiawan, D., Taib, F., Phua, L. K. E. E., & Chee, H. K. O. K. (2020). IFRS, Family Ownership and Earnings Management in The Indonesian Banking Industry. International Journal of Economics & Management, 14(2).
Stockmans, A., Lybaert, N., & Voordeckers, W. (2013). The conditional nature of board characteristics in constraining earnings management in private family firms. Journal of Family Business Strategy, 4(2), 84–92.
Walker, M. (2013). How far can we trust earnings numbers? What research tells us about earnings management. Accounting and Business Research, 43(4), 445–481.
Wicaksono, A. P. N. (2020). Apakah Reputasi Perusahaan Menghasilkan Laba yang Berkualitas di Indonesia? Journal of Applied Accounting and Taxation, 5(1), 95–100.
Zakerian, M., Nakhae, H., & Salehi, M. (2021). The Relationship between Corporate Reputation and Different Types of Earnings Management. Iranian Journal of Finance, 5(1), 1–30.
Adıgüzel, H., & Özbay, D. (2017). Corporate Reputation and Real Activities Management, Evidence from an. Journal of Business & Economic Policy, 4(1), 77–89.
Agustia, D. (2013). Pengaruh faktor good corporate governance, free cash flow, dan leverage terhadap manajemen laba. Jurnal Akuntansi Dan Keuangan, 15(1), 27–42.
Aharony, J., Wang, J., & Yuan, H. (2010). Tunneling as an incentive for earnings management during the IPO process in China. Journal of Accounting and Public Policy, 29(1), 1–26. https://doi.org/10.1016/j.jaccpubpol.2009.10.003
Alves, S. (2012). Ownership structure and earnings management: Evidence from Portugal. Australasian Accounting, Business and Finance Journal, 6(1), 57–74.
Arifin, L., & Destriana, N. (2016). Pengaruh firm size, corporate governance, dan karakteristik perusahaan terhadap manajemen laba. Jurnal Bisnis Dan Akuntansi, 18(1), 84–93.
Aygun, M., Ic, S., & Sayim, M. (2014). The Effects of Corporate Ownership Structure and Board Size on Earnings Management: Evidence from Turkey. International Journal of Business and Management, 9(12), 123–132. https://doi.org/10.5539/ijbm.v9n12p123
Boards, F. A. S. (1978). Objectives of financial reporting by business enterprises. Financial Accounting Standards Board.
Bortoluzzo, A. B., Sheng, H. H., & Gomes, A. L. P. (2016). Earning management in Brazilian financial institutions. Revista de Administração (São Paulo), 51, 182–197.
Cao, Y., Myers, L. A., & Omer, T. C. (2012). Does Company Reputation Matter for Financial Reporting Quality? Evidence from Restatements. Contemporary Accounting Research, 29(3), 956–990. https://doi.org/10.1111/j.1911-3846.2011.01137.x
Caruana, A. (1997). Corporate reputation: concept and measurement. Journal of Product & Brand Management.
Chen, J. J., Cheng, P., & Xiao, X. (2011). Related party transactions as a source of earnings management. Applied Financial Economics, 21(3), 165–181.
Chen, S., Chen, X., Cheng, Q., & Shevlin, T. (2010). Are family firms more tax aggressive than non-family firms? Journal of Financial Economics, 95(1), 41–61.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting Review, 193–225.
Fauziyah, N., & Isroah, I. (2017). Pengaruh Good Corporate Governance dan Leverage Terhadap Manajemen Laba Melalui Manipulasi Aktivitas Riil pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2010-2012. Jurnal Profita: Kajian Ilmu Akuntansi, 5(2).
Fombrun, C. J. (1996). Realizing value from the corporate image. Harvard Business School Press, Boston, MA.
Fombrun, C. J., & Rindova, V. (1996). Who’s tops, and who decides? The social construction of corporate reputations. New York University, Stern School of Business, Working Paper, 5–13.
Ghaleb, B. A. A., Kamardin, H., & Tabash, M. I. (2020). Family ownership concentration and real earnings management: Empirical evidence from an emerging market. Cogent Economics and Finance, 8(1). https://doi.org/10.1080/23322039.2020.1751488
Gray, E. R., & Balmer, J. M. T. (1998). Managing corporate image and corporate reputation. Long Range Planning, 31(5), 695–702.
Guo, F., & Ma, S. (2015). Ownership characteristics and earnings management in China. The Chinese Economy, 48(5), 372–395.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs, and ownership structure. Journal of Financial Economics, 3(4), 305–360.
Karim, A. K. M. W., & van Zijl, T. (2013). Efficiency and opportunism in auditor quality choice in emerging audit services markets: The case of Bangladesh. International Journal of Accounting & Information Management.
Kuan, L., Tower, G., Rusmin, R., & Van der Zahn, J. L. W. M. (2010). Related party transactions and earnings management. Jurnal Akuntansi Dan Auditing Indonesia, 14(2).
Kumala, R., & Siregar, S. V. (2020). Corporate social responsibility, family ownership, and earnings management: the case of Indonesia. Social Responsibility Journal.
Lassoued, N., Attia, M. B. R., & Sassi, H. (2017). Earnings management and ownership structure in emerging market: Evidence from banking industry. Managerial Finance.
Liu, J. (2012). Board Monitoring, Management Contracting and Earnings Management: An Evidence from ASX Listed Companies. International Journal of Economics and Finance, 4(12). https://doi.org/10.5539/ijef.v4n12p121
Lubis, A. W., Bukit, R., & Lubis, T. A. S. (2013). Pengaruh pengeluaran modal, penelitian dan pengembangan, transaksi pihak hubungan istimewa dan profitabilitas terhadap nilai perusahaan pada perusahaan manufaktur yang terdaftar di bursa efek Indonesia. Jurnal Telaah Dan Riset Akuntansi, 6(1), 1–13.
Luchs, C., Stuebs, M., & Sun, L. (2009). Corporate reputation and earnings quality. Journal of Applied Business Research (JABR), 25(4).
Marchini, P. L., Mazza, T., & Medioli, A. (2018). The impact of related party transactions on earnings management: some insights from the Italian context. Journal of Management and Governance, 22(4), 981–1014.
Nguyen, H. A., Lien Le, Q., & Anh Vu, T. K. (2021). Ownership structure and earnings management: Empirical evidence from Vietnam. Cogent Business and Management, 8(1). https://doi.org/10.1080/23311975.2021.1908006
Nguyen, T., Locke, S., & Reddy, K. (2015). Ownership concentration and corporate performance from a dynamic perspective: Does national governance quality matter? International Review of Financial Analysis, 41, 148–161.
Putri, I. D., & Sofian, S. (2013). Analisis Pengaruh Struktur dan Mekanisme Good Corporate Governance, Ukuran Perusahaan dan Leverage Terhadap Manajemen Laba. Diponegoro Journal Of Management, 2(2), 263–278.
Rasmussen, S. J. (2013). Revenue recognition, earnings management, and earnings informativeness in the semiconductor industry. Accounting Horizons, 27(1), 91–112.
Rego, S. O., & Wilson, R. (2012). Equity risk incentives and corporate tax aggressiveness. Journal of Accounting Research, 50(3), 775–810.
Roberts, P. W., & Dowling, G. R. (2002). Corporate reputation and sustained superior financial performance. Strategic Management Journal, 23(12), 1077–1093.
Ross, S. A. (1977). The determination of financial structure: the incentive-signaling approach. The Bell Journal of Economics, 23–40.
Setiawan, A., & Hermawan, A. A. (2017). The Effect of Earnings Management Practice on Corporate Borrowing Capacity through Corporate Reputation. Advance in Economics, Business, and Management Research (AEBMR), 55.
Setiawan, D., Taib, F., Phua, L. K. E. E., & Chee, H. K. O. K. (2020). IFRS, Family Ownership and Earnings Management in The Indonesian Banking Industry. International Journal of Economics & Management, 14(2).
Stockmans, A., Lybaert, N., & Voordeckers, W. (2013). The conditional nature of board characteristics in constraining earnings management in private family firms. Journal of Family Business Strategy, 4(2), 84–92.
Walker, M. (2013). How far can we trust earnings numbers? What research tells us about earnings management. Accounting and Business Research, 43(4), 445–481.
Wicaksono, A. P. N. (2020). Apakah Reputasi Perusahaan Menghasilkan Laba yang Berkualitas di Indonesia? Journal of Applied Accounting and Taxation, 5(1), 95–100.
Zakerian, M., Nakhae, H., & Salehi, M. (2021). The Relationship between Corporate Reputation and Different Types of Earnings Management. Iranian Journal of Finance, 5(1), 1–30.