The Role of Independent Commissioners, Audit Committee, Audit Committee Expertise, Activities of the Audit Committee and Leverage on Earnings Management
Keywords:
Independent commissioner, size of the audit committee, audit committee expertise, audit committee activities, leverage, earnings managementAbstract
This study aims to determine the influence of independent commissioners, the size of the audit committee, the expertise of the audit committee, the activities of the audit committee and leverage on earnings management in infrastructure sector companies listed on the Indonesia Stock Exchange (IDX) in 2020-2023. This study uses a purposive sampling technique with 160 annual reports and financial statements with 40 infrastructure companies. The analysis used in this study uses multiple linear regression analysis using SPSS version 26 as the calculation tool. Based on the results in this study, it is shown that independent commissioners, audit committee size and leverage have no effect on earnings management. Meanwhile, the expertise of the audit committee and the activities of the audit committee have a positive effect on earnings management. The predictive ability of the five variables on earnings management was 69.3% while the other 30.7% came from other variables.
References
Adyastuti, N. A., & Khafid, M. (2022). Pengaruh Ukuran Perusahaan, Leverage dan Profitabilitas terhadap Manajemen Laba dengan Kompensasi Bonus sebagai Variabel Moderating. Owner, 6(2), 2071–2084. https://doi.org/10.33395/owner.v6i2.830
Agustin, R., Nurcahyono, N., Sinarasri, A., & Sukesti, F. (2023). Financial Ratio and Stock Returns in Indonesia Equity Markets : A Signaling Theory Approach. International Conference on Business, Accounting, Banking, and Economics, 277–292. https://doi.org/10.2991/978-94-6463-154-8
Agustina Putri, A., & Ramashar, W. (2023). The Effect Of Determined Tax Load, Tax Planning And Determined Tax Assets On Profit Management. Research In Accounting Journal, 3(1), 194–205. http://journal.yrpipku.com/index.php/raj|
Alfiyasahra, N., & Ermian Challen, A. (2020). Pengaruh Kualitas Komite Audit dan Ukuran Kantor Akuntan Publik Pengaruh Kualitas Komite Audit dan Ukuran Kantor Akuntan Publik terhadap Manajemen Laba. Jurnal Akuntansi Indonesia, 9(1), 37–51.
Alfitri, D. N., Nugroho, W. S., & Nurcahyono, N. (2022). The Effect of Environment Performance, Capital Structure, and Company Size on Financial Performance. MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang, 12(2), 175. https://doi.org/10.26714/mki.12.2.2022.175-184
Angelina Purba, C. (2016). Pengaruh Komite Audit Terhadap Praktik Manajemen Laba: Studi Kasus Pada Perusahaan Manufaktur Yang Terdaftar Di Bei Tahun 2012-2014.
Anisa, O. N., Agung, R. E. W., & Nurcahyono, N. (2022). Faktor-Faktor yang Mempengaruhi Harga Saham: Berdasarkan Signaling Theory. Jurnal Akuntansi Indonesia, 11(2), 85–95.
Ardyanti, P. D. (2023). Pengaruh Komite Audit, Jumlah Rapat Komite Audit, Keahlian Komite Audit Dan Masa Jabatan Komite Audit Terhadap Manajemen Laba. Jurnal Ilmu Dan Riset Akuntansi, 12(3).
Arifin, L., Saputri, N., & Prasetiyo, A. (2022). Pengaruh Komisaris Independen, Profitabilitas Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur). Relevan, 2(2).
Arista, S. P., & Serly, V. (2023). Pengaruh Financial distress, Karakteristik Komite Audit dan Kualitas Auditor Eksternal terhadap Manajemen Laba Akrual. Jurnal Eksplorasi Akuntansi, 5(3), 917–935. https://doi.org/10.24036/jea.v5i3.796
Asyati, S., & Farida, F. (2020). Pengaruh Good Corporate Governance, Leverage, Profitabilitas dan Kualitas Audit terhadap Praktik Manajemen Laba (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2014-2018). Journal of Economic, Management, Accounting and Technology, 3(1), 36–48. https://doi.org/10.32500/jematech.v3i1.1073
Ayu Artanti, A. (2023, June 7). Karut Marut Keuangan Waskita-WIKA Dibongkar Wamen BUMN. https://www.metrotvnews.com/read/kBVC2Qa3-karut-marut-keuangan-waskita-wika-dibongkar-wamen-bumn
Challen, A. E., & Noermansyah, A. (2023). Peran Good Corporate Governance dan Kualitas Audit Terhadap Manajemen Laba Perusahaan Manufaktur. Jurnal Riset Akuntansi Dan Auditing, 10(1), 23–36. https://doi.org/10.55963/jraa.v10i1.512
Drata Ezra, H., & Chrisnanti, F. (2023). Pengaruh Kinerja Keuangan Dan Faktor Lainnya Terhadap Manajemen Laba Pada Perusahaan Manufaktur. E-Jurnal Akuntansi TSM, 3(2), 451–460. http://jurnaltsm.id/index.php/EJATSM
Dwiharyadi, A. (2017). Pengaruh Keahlian Akuntansi Dan Keuangan Komite Audit Dan Dewan Komisaris Terhadap Manajemen Laba (The Impact of Accounting and Finance Expertise of Audit Committee and Board of Commissioner on Earnings Management). Jurnal Akuntansi Dan Keuangan Indonesia, 14(1), 75–93.
Emy Widyastuti, & Utami, A. R. (2023). Determinants Of Corporate Profit Management In Jakarta Islamic Index Mediated By Company Performance. JAS (Jurnal Akuntansi Syariah), 7(1), 115–133. https://doi.org/10.46367/jas.v7i1.1130
Ermawati, D., Nurcahyono, N., Sari, D. N., & Fakhruddin, I. (2023). The Dynamic Impact of Intellectual Capital on Firm Value : Evidence from Indonesia. International Conference on Business, Accounting, Banking, and Economics, 1, 246–262. https://doi.org/10.2991/978-94-6463-154-8
Erawati, T., & Siang, Y. (2021). Pengaruh Leverage, Profitabilitas, Beban Pajak Tangguhan dan Perencanaan Pajak Terhadap Manajemen Laba pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Riset Perpajakan, 4(1).
Fizabaniyah, R., Nurcahyono, N., Argojuwono, A. D. A., & Hernawati, R. I. (2023). Financial Ratio , Board Diversity and Financial Distress : Evidence from Indonesia. International Conference on Business, Accounting, Banking, and Economics, 1, 307–320. https://doi.org/10.2991/978-94-6463-154-8
Gunanto, A., Hamzalouh, L. M. O., Sunarmi, S., & Ridwan, M. (2024). Islamic mutual funds: risk and return management. Journal of Islamic Accounting and Finance Research–Vol, 6(1).
Hendi, & Lisniati, S. (2020). Analisis Pengaruh Karakteristik Komite Audit Dan Struktur Kepemilikan Terhadap Manajemen Laba Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia. In Global Financial Accounting Journal (Vol. 4, Issue 1).
Immanuel, G. R., & Hasnawati, H. (2022). Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial, Dan Dewan Komisaris Independen Terhadap Manajemen Laba. Jurnal Ekonomi Trisakti, 2(2), 1585–1594. https://doi.org/10.25105/jet.v2i2.14748
Irfan Dani, K. (2022). Pengaruh Firm Size, Leverage, Profitabilitas dan Kebijkan Deviden terhadap Manajemen Laba:Studi Kasus Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2016-2019. Jurnal Ilmiah Ilmu Pendidikan, 5(1), 260–265.
Jensen, M. C., Meckling, W. H., Benston, G., Canes, M., Henderson, D., Leffler, K., Long, J., Smith, C., Thompson, R., Watts, R., & Zimmerman, J. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. In Journal of Financial Economics (Issue 4). Harvard University Press. http://hupress.harvard.edu/catalog/JENTHF.html
Karina, R. (2020). Pengaruh karakteristik komite audit dan auditor eksternal terhadap praktik manajemen laba di indonesia. Forum Ekonomi, 22(2), 307–318. http://journal.feb.unmul.ac.id/index.php/FORUMEKONOMI
Khairani, W., Sasongko, N., & Bawono, A. D. B. (2022). Pengaruh Kinerja Keuangan dan Mekanisme Corporate Governance terhadap Manajemen Laba. Jurnal Akuntansi Dan Governance, 3(1), 58. https://doi.org/10.24853/jago.3.1.58-76
Kurnia, B., & Mulyati, Y. (2023). Pengaruh Free Cash Flow dan Financial Distress Terhadap Manajemen Laba pada Perusahaan Infrastruktur, Utilitas, dan Transportasi Terdaftar Di Bursa Efek Indonesia. Owner, 7(2), 1596–1611. https://doi.org/10.33395/owner.v7i2.1395
Kusumastuti, R., & Nirmala Arum Janie, D. Y. A. H. (2014). The influence of organizational commitment to the dysfunctional audit behavior with workplace Spirituality as a moderating variable: An empirical study of public accounting office inIndonesia. International Journal of Multidisciplinary Research, 11.
Liebrida, J., & Maria. (2022). Pengaruh Tata Kelola Perusahaan, Struktur Kepemilikan, dan Direksi Wanita Pada Manajemen Laba. E-Jurnal Akuntansi TSM, 2(3), 39–52.
Mei Rinta. (2021). Ukuran Dewan Direksi, Aktivitas Komite Audit Dan Ukuran Komite Audit Terhadap Manajemen Laba. Journal of Accounting Science, 5(1), 89–103. https://doi.org/10.21070/jas.v5i1.1336
Melani, A. (2023, December 25). Kaleidoskop 2023: Mengendus Dugaan Manipulasi Laporan Keuangan 2 Emiten BUMN Karya.
Mulia, F. K., Leniwati, D., & Wicaksono, A. P. N. (2024). Determinant of earnings management practices in manufacturing companies. Journal of Accounting and Investment, 25(1), 210–230. https://doi.org/10.18196/jai.v25i1.19503
Muslimawati, N. (2023, August 10). Derita Waskita Karya: PMN Rp 3 T Ditarik, Gagal Bayar Utang, dan Saham Terdepak. https://kumparan.com/kumparanbisnis/derita-waskita-karya-pmn-rp-3-t-ditarik-gagal-bayar-utang-dan-saham-terdepak-20xjClp3J5B
Nurcahyono, N., & Ifada, L. M. Determinants of Goverment Financial Statement Quality Likelihood in Indonesian. Jurnal ASET (Akuntansi Riset), 16(1), 121-136
Nurcahyono, N., Hanum, A. N., Kristiana, I., & Pamungkas, I. D. (2021). Predicting fraudulent financial statement risk: The testing dechow f-score financial sector company inindonesia. Universal Journal of Accounting and Finance, 9(6), 1487–1494. https://doi.org/10.13189/ujaf.2021.090625
Nurcahyono, N., & Sinarasri, A. (2023). Earnings Management as an Finance Strategy for Company Image. Jurnal Proaksi, 10(3), 337–351. https://doi.org/10.32534/jpk.v10i3.4476
Parapat, M., & Mukhlasin, M. (2023). Pengaruh Keahlian Komite Audit, Auditor Spesialisasi Industri Dan Pengendalian Internal Terhadap Manajemen Laba. Balance: Jurnal Akuntansi, Auditing Dan Keuangan, 20(1), 39–55. https://doi.org/10.25170/balance.v20i1.4301
Permata Sari, I., Tjandra, T., Firmansyah, A., Keuangan Negara STAN, P., & Trisnawati, E. (2021). Praktek Manajemen Laba Di Indonesia: Komite Audit, Komisaris Independen, Arus Kas Operasi. Ultima Accounting, 13. www.idx.co.id.
Raharjo, K. (2022). Eksekutif wanita, struktur kepemilikan, dan manajemen laba. Jurnal Ilmiah Akuntansi Dan Keuangan, 5(5). www.idx.co.id
Rahma Zhafira, D., & Syafruddin, M. (2023). Pengaruh Peran Komite Audit Dalam Mitigasi Manajemen Laba (Studi Empiris pada Perusahaan Industri yang Terdaftar di BEI 2012-2020). Diponegoro Journal Of Accounting, 12(2), 1–11. http://ejournal-s1.undip.ac.id/index.php/accounting
Rahma, A. M., Nurcahyono, N., & Sinarasri, A. (2022). Moderating Effects of Institutional Ownership on the Relation Between Capital Structure. International Conference on Business, Accounting, Banking, and Economics, 1, 293–306. https://doi.org/10.2991/978-94-6463-154-8
Ratmono, D., Mail, R., Cahyonowati, N., & Janie, D. N. (2024). The role of environmental performance in mediating the relationship between green accounting and corporate social responsibility. Environmental Economics, 15(1), 46.
Roqijah, I., Nugroho, W. S., & Nurcahyono, N. (2022). The Effect of Profitability, Operating cash flow, Economic Value Added and Firm Size on Stock Return. MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang, 12(2), 164. https://doi.org/10.26714/mki.12.2.2022.164-174
Saifudin, D. R., & Janie, D. N. A. (2020). Using diamond fraud analysis to detect fraudulent financial reporting of Indonesian pharmaceutical and chemical companies. In Facing Global Digital Revolution (pp. 161-164). Routledge.
Setiawan, A., Wibowo, R. E., & Nurcahyono, N. (2021). Pengaruh Tax Avoidance, Manajemen Laba, Komisaris Independen, dan Komite Audit. Jurnal Ilmu Manajemen Retail (JIMAT), 2(1).
Sinarasri, A., & Chariri, A. (2023). Business intelligence, management control systems and startup performance: Empirical study from Indonesia. International Journal of Applied Economics, Finance and Accounting, 16(2), 234-247
Sofia, E., Nurainun, D., Program, B., Akuntansi, S., Ekonomi, F., & Bisnis, D. (2021). Pengaruh Female Ceo, Information Asymmetry, Dan Leverage Terhadap Earning Management. Jurnal Multiparadigma Akuntansi, 3(3), 930–939. www.ojk.go.id,
Tang, S., & Suwarsini, L. (2021). The Effect Of The Boards Directors And Women Audit Committee On Earnings Management. Jurnal Ilmiah Manajemen Bisnis Dan Inovasi Universitas Sam Ratulangi, 8(2), 593–612.
Wibowo, K. A. (2020). Transformation of Islamic financial literacy in the Member of BMT in Indonesia through community development MKU methods. Islamic Financial Literacy Book.
Wibowo, K. A., & Annisa, A. Y. (2023). How to Achieve Profit Growth by Optimizing Operational Resources Based on Total Efficiency in Food and Beverage Companies in Indonesia.
Wulan Astriah, S., Trinanda Akhbar, R., Apriyanti, E., Sarifah Tullah, D., & Tinggi Ilmu Ekonomi Pandu Madania, S. (2021). Pengaruh Ukuran Perusahaan, Profitabilitas Dan Leverage Terhadap Manajemen Laba. In Jurnal Akuntansi (Vol. 10, Issue 2). http://ejournal.stiemj.ac.id/index.php/akuntansi
Yulia Sari, A., & Hasnawati, H. (2020). Pengaruh Dewan Komisaris Independen, Komite Audit Dan Leverage Terhadap Manajemen Laba. Jurnal Ekonomi Trisakti, 2(2), 929–940. https://doi.org/10.25105/jet.v2i2.14565
Yunita Setyani, P., & Suhaili, A. (2023). Pengaruh Dewan Komisaris Independen, Komite Audit, Leverage Dan Profitabilitas Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Terbuka Sektor Industri Barang Konsumsi). Jurnal Bisnis Dan Pembangunan, 12(2).
