Perspektif Lingkungan dan Real Earnings Management: Pembuktian pada Perusahaan Non-Keuangan di Indonesia
Keywords:
Manajemen Laba Riil, Kinerja Lingkungan, Pengungkapan Lingkungan, PROPER, GRI.
Manajemen Laba Riil, Kinerja Lingkungan, Pengungkapan Lingkungan, PROPER, GRI.
Abstract
Manajemen laba riil menjadi cara yang digemari untuk mencapai laba yang diharapkan demi menciptakan reputasi yang baik. Seiring dengan perkembangan tekhnologi, perhatian kepada laba perusahaan mulai turun dan perhatian terbagi pada informasi atas lingkungan yang dilakukan perusahaan. Tujuan dari penelitian adalah menganalisis serta membuktikan secara empiris pengaruh kinerja lingkungan (environmental performance) dan pengungkapan lingkungan (environmental disclosure) terhadap manajemen laba riil (real earnings management). Perusahaan non-keuangan yang terdaftar di Bursa Efek Indonesia tahun 2017-2019 sebagai populasi. Menggunakan regresi linear berganda dengan metode kuantitatif dan data sekunder pada 27 perusahaan. Peneliti mendeteksi real earnings management dengan model Roychowdhury (2006), tingkat environmental performance dideteksi oleh PROPER dan environmental disclosure menggunakan GRI Standards maupun GRI G4. Hasil analisis membuktikan environmental performance berpengaruh negatif signifikan terhadap real earnings management pada abnormal DISEXP. Penelitian ini juga membuktikan environmental disclosure memiliki pengaruh positif signifikan terhadap real earnings management dengan abnormal PROD dan berpengaruh negatif terhadap abnormal DISEXP. Keterbatasan penelitian ini terdapat pada proksi real earnings management Roychowdhury (2006) belum mampu menjangkau perusahaan keuangan atas uniknya perlaporan mereka. Penelitian selanjutnya diharapkan mampu mencakup perusahaan keuangan yang terdaftar di Bursa Efek Indonesia.
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References
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Prawida, N., & Sutrisno. (2021). Leverage , profitability , corporate governance mecanism and earning management : cases in manufacturing company in Indonesia Stock Exchange. Asian Management and Business Review, 1(1), 35–45.
Putra, D., & Utami, I. L. (2018). Pengaruh Environmental Performance Terhadap Environmental Disclosure dan Economic Performance (Studi Empiris pada Perusahaan Pertambangan yang Terdaftar Di BEI). Jurnal Akuntansi Maranatha, 9(1), 1–11. https://doi.org/10.28932/jam.v9i1.487
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You, H. W., Brahmana, R. K., & Tan, M. Y. (2018). Corporate environmental disclosure and earning management. International Journal of Green Economics, 12(3/4), 308. https://doi.org/10.1504/ijge.2018.10019190
Agustia, D. (2013). Pengaruh Faktor Good Corporate Governance, Free Cash Flow, dan Leverage Terhadap Manajemen Laba. Jurnal Akuntansi Dan Keuangan, 15(1), 27–42. https://doi.org/10.9744/jak.15.1.27-42
Albitar, K., Gerged, A., & Al-Haddad, L. (2021). Corporate environmental disclosure and earnings management -the moderating role of corporate governance structures. International Journal of Finance and Economics, December 2020, 1–22. https://doi.org/10.1002/ijfe.2564
Bednárová, M., Klimko, R., & Rievajová, E. (2019). From environmental reporting to environmental performance. Sustainability (Switzerland), 11(9), 1–12. https://doi.org/10.3390/su11092549
Beneish, M. D. (2001). Earnings management: A perspective. Managerial Finance, 27(12), 3–17. https://doi.org/10.1108/03074350110767411
Chen, R. C. Y., & Hung, S. W. (2021). Exploring the impact of corporate social responsibility on real earning management and discretionary accruals. Corporate Social Responsibility and Environmental Management, 28(1), 333–351. https://doi.org/10.1002/csr.2052
Citrajaya, D., & Ghozali, I. (2020). Pengaruh Corporate Social Responsibility Dan Aktivitas Csr Dalam Dimensi Tata Kelola, Lingkungan, Dan Sosial Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Non Keuangan Yang Terdaftar Di Bursa Efek Indonesia Pada Tahun 2017-2018). Diponegoro Journal of Accounting, 9(2), 1–13.
Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2008). Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis. Accounting, Organizations and Society, 33(4–5), 303–327. https://doi.org/10.1016/j.aos.2007.05.003
Gerged, A. M., Al-Haddad, L. M., & Al-Hajri, M. O. (2020). Is earnings management associated with corporate environmental disclosure?: Evidence from Kuwaiti listed firms. Accounting Research Journal, 33(1), 167–185. https://doi.org/10.1108/ARJ-05-2018-0082
Ghosh, A., Gu, Z., & Jain, P. (2005). Sustained earnings and revenue growth, earnings quality, and earnings response coefficients. Review of Accounting Studies, 10(1), 33–57. https://doi.org/10.1007/s11142-004-6339-3
Graham, J. R., Harvey, C. R., & Rajgopal, S. (2005). The economic implications of corporate financial reporting. Journal of Accounting and Economics, 40(1–3), 3–73. https://doi.org/10.1016/j.jacceco.2005.01.002
Hastuti, T. (2014). Pengaruh Struktur Modal dan Ukuran Perusahaan terhadap Kinerja Keuangan pada Perusahaan Tekstil dan Garmen yang Terdaftar Di Bursa Efek Indonesia Periode. JOM Fisip, 4(2), 1–7.
Heltzer, W. (2011). The asymmetric relationship between corporate environmental responsibility and earnings management: Evidence from the United States. Managerial Auditing Journal, 26(1), 65–88. https://doi.org/10.1108/02686901111090844
Jordaan, L. A., de Klerk, M., & de Villiers, C. J. (2018). Corporate social responsibility and earnings management of South African companies. South African Journal of Economic and Management Sciences, 21(1), 1–13. https://doi.org/10.4102/sajems.v21i1.1849
Litt, B., Sharma, D., & Sharma, V. (2014). Environmental initiatives and earnings management. Managerial Auditing Journal, 29(1), 76–106. https://doi.org/10.1108/MAJ-05-2013-0867
Mendes, C. A., Rodrigues, L. L., & Esteban, L. P. (2012). Tékhne — Review of Applied Management Studies. Tékhne, 10(1), 1–2. https://doi.org/10.1016/s1645-9911(12)70001-4
Nantyah, I. D., & Soeharto, S. M. (2019). Leverage dan Real Earning Management ( Studi pada Perusahaan Manufaktur di Bursa Efek Indonesia Periode 2013-2017 ). Ekspekta: Jurnal Bisnis Dan Manajemen, 3(2), 149–156. http://dx.doi.org/10.25139/ekt.v3i2.2042
Novita, J., & Jogi, Y. (2017). Aktivitas Manajemen Laba Melaui Pos Research dan Development Expense. Business Accounting Review, 13–24.
Permana, V. A., & Raharja. (2012). Pengaruh Kinerja Lingkungan dan Karakteristik Perusahaan terhadap Corporate Social Responsibility (CSR) Disclosure (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI). Diponegoro Journal of Accounting, 1(1), 525–536.
Pradipta, R. H., & Hadiprajitno, P. B. (2015). Pengaruh Corporate Social Responsibility dalam Perspektif Lingkungan Terhadap Manajemen Laba (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia 2012-2013). Diponegoro Journal of Accounting, 4(4), 318–329.
Prawida, N., & Sutrisno. (2021). Leverage , profitability , corporate governance mecanism and earning management : cases in manufacturing company in Indonesia Stock Exchange. Asian Management and Business Review, 1(1), 35–45.
Putra, D., & Utami, I. L. (2018). Pengaruh Environmental Performance Terhadap Environmental Disclosure dan Economic Performance (Studi Empiris pada Perusahaan Pertambangan yang Terdaftar Di BEI). Jurnal Akuntansi Maranatha, 9(1), 1–11. https://doi.org/10.28932/jam.v9i1.487
Rahman, R. A., & Mohamed Ali, F. H. (2006). Board, audit committee, culture and earnings management: Malaysian evidence. Managerial Auditing Journal, 21(7), 783–804. https://doi.org/10.1108/02686900610680549
Rahmawati, A., & Fajri, R. (2021). Firm Size, Leverage, Dividend Policy, Ownership Structure, Earning Management: Evidence in Indonesia Stock Exchange. 201(ICoSIAMS 2020), 64–71. https://doi.org/10.2991/aer.k.210121.010
Roychowdhury, S. (2006). Earnings management through real activities manipulation. Journal of Accounting and Economics, 42(3), 335–370. https://doi.org/10.1016/j.jacceco.2006.01.002
Sari, W. (2018). Pengaruh Aspek-Aspek Kinerja Lingkungan Yang Terdaftar Dalam Jakarta Islamic Index. Ekspansi, 10(2), 269–283.
Sarumpaet, S. (2012). Earnings Management by Firms with Poor Environmental Performance Ratings : An empirical Investigation in Indonesia. Simposium Nasional Akuntansi XV, 1–25.
Scott, W. R. (2011). Financial Accounting Theory. Pearson Canada.
Setiawan, I. G. A. N. A. P., & Mahardika, D. P. K. (2019). Analisis Pengaruh Market To Book Value, Firm Size dan Profitabilitas terhadap Pengambilan Keputusan Lindung Nilai (Studi Kasus Pada Perusahaan Sub Sektor Otomotif Dan Komponennya Yang Terdaftar Di Bursa Efek Indonesia Pada Tahun 2014–2017). Jurnal Ilmiah Akuntansi, 4(1), 124–140. https://doi.org/10.23887/jia.v4i1.17055
Sulistyanto, H. S. (2008). Manajemen Laba Teori dan Model Empiris. PT. Grasindo.
Sun, N., Salama, A., Hussainey, K., & Habbash, M. (2010). Corporate environmental disclosure, corporate governance and earnings management. Managerial Auditing Journal, 25(7), 679–700. https://doi.org/10.1108/02686901011061351
Surbakti, L. P., & Shaari, H. B. (2018). The Impact of Internal Monitoring Mechanism and External Audit on Earnings Quality Evidence from Indonesia. IOSR Journal of Business and Management, 20(12), 62–69. https://doi.org/10.9790/487X-2012026269
Velte, P. (2021). Environmental performance, carbon performance and earnings management: Empirical evidence for the European capital market. Corporate Social Responsibility and Environmental Management, 28(1), 42–53. https://doi.org/10.1002/csr.2030
You, H. W., Brahmana, R. K., & Tan, M. Y. (2018). Corporate environmental disclosure and earning management. International Journal of Green Economics, 12(3/4), 308. https://doi.org/10.1504/ijge.2018.10019190
Published
2022-02-11
How to Cite
FarhaH., SurbaktiL., & PraptiningsihP. (2022, February 11). Perspektif Lingkungan dan Real Earnings Management: Pembuktian pada Perusahaan Non-Keuangan di Indonesia. Journal of Economic, Management, Accounting and Technology, 5(1), 56-69. https://doi.org/https://doi.org/10.32500/jematech.v5i1.1978
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Articles
