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Pecking order theory, earnings, capital structure, dividend policy, firmÂ’s value

Jurnal Keuangan dan Perbankan: Volume 16, Nomor 3, September 2012
Journal from JIPTUNMERPP / 2014-03-19 09:54:49
Oleh : Stephanus Remond Waworuntu ; Marko Sebira Hermawan ; Shella Nerissa Hokardi, Diploma 3 of Finance and Banking Merdeka University Malang
Dibuat : 2012-09-01, dengan file

Keyword : Earnings management, working capital accruals, good corporate governance (GCG)

To determine the effects of corporate governance on earnings management, this paper analyzed 171 annual report from issued 2006 to 2009 by 57 non-financial, joint stock companies implementing GCG (Good Corporate Governance) practices, which were listed on te Indonesia Stock Exchange (IDX). Six corporate governance variables (board composition, independent commissioners, separate chairman/CEO roles, audit committee, managerial share ownership, and audit quality) as well as three control variables (leverage, size, and ROA) were used. The results showed that two corporate governance variables significantly influenced earnings management practices (separate chairman/CEO roles and managerial share ownership); the other variables had no effect because these companies used GCG practices only to follow regulations rather than to monitor and control.

Deskripsi Alternatif :

To determine the effects of corporate governance on earnings management, this paper analyzed 171 annual report from issued 2006 to 2009 by 57 non-financial, joint stock companies implementing GCG (Good Corporate Governance) practices, which were listed on te Indonesia Stock Exchange (IDX). Six corporate governance variables (board composition, independent commissioners, separate chairman/CEO roles, audit committee, managerial share ownership, and audit quality) as well as three control variables (leverage, size, and ROA) were used. The results showed that two corporate governance variables significantly influenced earnings management practices (separate chairman/CEO roles and managerial share ownership); the other variables had no effect because these companies used GCG practices only to follow regulations rather than to monitor and control.

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PropertiNilai Properti
ID PublisherJIPTUNMERPP
OrganisasiD
Nama KontakDra. Wiwik Supriyanti, SS
AlamatJl. Terusan Halimun 11 B
KotaMalang
DaerahJawa Timur
NegaraIndonesia
Telepon0341-563504
Fax0341-563504
E-mail Administratorperpus@unmer.ac.id
E-mail CKOwsupriyanti@yahoo.com

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  • Editor: Wiwik Supriyanti, Dra. SS.