Manajerial Entrenchment dan Earnings Management
Keywords:
Hubungan CEO, Kepemilikan Manajer, Manajemen laba
Hubungan CEO, Kepemilikan Manajer, Manajemen laba
Abstract
Penyusunan laporan keuangan memerlukan keahlian dan keandalan manajemen agar mudah dipahami dan mudah digunakan oleh pemangku kepentingan dari laporan keuangan. Laporan keuangan merupakan suatu alat bantu untuk mengetahui bagaimana keadaan suatu perusahaan yang sebenarnya. Tetapi pada kenyataanya, banyak terjadi manipulasi pada laporan keuangan. Manipulasi ini bisa terjadi karena pihak manajemen yang dipaksa selalu untuk memenuhi keinginan pemegang saham. Penelitian ini meneliti bagaimana hubungan kerja CEO, persentase kepemilikan saham dengan manajemen laba yang dilakukan oleh pihak manajemen. Penelitian ini bertujuan untuk mengetahui pengaruh dari hubungan kerja CEO dan kepemilikan saham CEO terhadap manajemen laba dengan pendekatan kuantitatif menggunakan laporan keuangan perusahaan yang bergerak pada bidang manufaktur yang terdaftar di BEI. Penelitian ini mendapatkan hasil semakin tinggi hubungan kerja CEO akan semakin tinggi manajemen laba yang dilakukan sedangkan jumlah kepemilikan saham CEO tidak berhubungan dengan manajemen laba.
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References
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Asghar, A., Sajjad, S., Shahzad, A., & Matemilola, B. T. (2020). Role of discretionary earning management in corporate governance-value and corporate governance-risk relationships. Corporate Governance (Bingley), 20(4), 561–581. https://doi.org/10.1108/CG-11-2019-0347
Baskaran, S., Nedunselian, N., Ng, C. H., Mahadi, N., & Abdul Rasid, S. Z. (2020). Earnings management: a strategic adaptation or deliberate manipulation? Journal of Financial Crime, 27(2), 369–386. https://doi.org/10.1108/JFC-07-2019-0098
Berger, P. G., Ofek, E., & Yermack, D. L. (1997). Managerial entrenchment and capital structure decisions. Journal of Finance, 52(4), 1411–1438. https://doi.org/10.1111/j.1540-6261.1997.tb01115.x
Colak, G., & Liljeblom, E. (2022). Easy cleanups or forbearing improvements: The effect of CEO tenure on successor’s performance. Journal of Financial Stability, 63(September), 101072. https://doi.org/10.1016/j.jfs.2022.101072
Di Meo, F., García Lara, J. M., & Surroca, J. A. (2017). Managerial entrenchment and earnings management. Journal of Accounting and Public Policy, 36(5), 399–414. https://doi.org/10.1016/j.jaccpubpol.2017.07.003
Efferin, S. (2012). Metode Penelitian Akuntansi : Mengungkap Fenomena dengan Pendekatan Kuantitatif dan Kualitatif (1st ed.).
Farrer, J., & Ramsay, I. M. (1998). Director Share Ownership and Corporate Performance - Evidence from Australia. Corporate Governance: An International Review, 6(4), 233–248. https://doi.org/10.1111/1467-8683.00112
Ghosh, A., & Moon, D. (2005). Auditor tenure and perceptions of audit quality. Accounting Review, 80(2), 585–612. https://doi.org/10.2308/accr.2005.80.2.585
Jensen, M., & Meckling, W. (2012). Theory of the firm: Managerial behavior, agency costs, and ownership structure. The Economic Nature of the Firm: A Reader, Third Edition, 283–303. https://doi.org/10.1017/CBO9780511817410.023
Leuz, C., Nanda, D., & Wysocki, P. D. (2003). Earnings management and investor protection: An international comparison. Journal of Financial Economics, 69(3), 505–527. https://doi.org/10.1016/S0304-405X(03)00121-1
Liao, H., Wei, Y., Wang, Y., Lin, Y., & Tan, R. (2023). Managerial ability and earnings management: The moderating role of career concerns✰. Finance Research Letters, 57, 104269. https://doi.org/https://doi.org/10.1016/j.frl.2023.104269
Maijoor, S. (2000). Maijoor-2000-International_Journal_of_Auditing. International Journal of Auditing, 109(August 1999), 101–109.
Miguel, E., Satyanath, S., & Sergenti, E. (2004). Economic shocks and civil conflict: An instrumental variables approach. Journal of Political Economy, 112(4), 725–753. https://doi.org/10.1086/421174
Neuman, W. (2000). Social Research Methods: Qualitative and Quantitative Approaches. In Teaching Sociology (Vol. 30). https://doi.org/10.2307/3211488
Salehi, M., Arianpoor, A., & Naghshbandi, N. (2022). The relationship between managerial attributes and firm risk-taking. TQM Journal, 34(4), 728–748. https://doi.org/10.1108/TQM-10-2020-0246
Shleifer, A. R. W., & Vishny. (1986). Mỹ_shleifer1986_baithamkhaomultiple.pdf. 94(3), 461–488.
Suwardjono. (2017). Teori Akuntansi Perekayasaan Pelaporan keuangan. Edisi Ketiga.BPFE : Yogyakarta.: Vol. Edisi Keti (3rd ed.).
Uĝurlu, M. (2000). Agency costs and corporate control devices in the Turkish manufacturing industry. Journal of Economic Studies, 27(6), 566–599. https://doi.org/10.1108/EUM0000000005382
Wainwright, J. T. (2005). Tirole.
Published
2024-02-06
How to Cite
UsbokoY., & Ayu WP. (2024, February 6). Manajerial Entrenchment dan Earnings Management. Journal of Economic, Management, Accounting and Technology, 7(1), 1-8. https://doi.org/https://doi.org/10.32500/jematech.v7i1.2625
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