The Effect of Managerial Ownership, Information Asymmetry, Leverage, Company Size, and Bonus Compensation on Earnings Management: A Case Study of Manufacturing Companies in the Miscellaneous Industrial Sector Listed on the IDX in 2018-2023
DOI:
https://doi.org/10.30872/jfor.v27i1/4458Keywords:
Manegerial Ownership, Information Asymmetry, Leverage, Company Size and Bonus Compensation, Earnings ManagementAbstract
This study aims to test and analyze the influence of managerial ownership, information asymmetry, leverage , company size and bonus compensation on earnings management. This study is a type of quantitative research with a population of manufacturing companies in various industries listed on the Indonesian Stock Exchange (IDX) in the observation period from 2018 to 2023. The sampling technique in this study used the purposive sampling method and the 20 companies were obtained in a period of six years so that 120 company data were obtained for the period 2018-2023. In this study, the data used are secondary data and hypothesis testing usung the regression analysis method with analysis tool, namely IBM SPSS Statistics 25 program. The results of this study indicate that (1) manegerial ownership has a positive not significant effect on earnings management, (2) information asymmetry has a positive and significant effect on earnings management, (3) Leverage has a negative and significant effect on earnings management, (4) company size has a negative and significant effect on earnings management, (5) bonus compensation has a negative and significant effect on earnings management
References
Adityaningsih, Amelia, and Imam Hidayat, ‘The Influence of Company Size, Company Age, Leverage, and Profit Management: A Study of Companies Listed on the Indonesia Stock Exchange 2018-2020’, El-Mal : Jurnal Kajian Ekonomi & Bisnis Islam, 5.2 (2024), pp. 899–917.
Anindya, Wina, and Etna, Nur, Afri Yuyetta, ‘The Influence of Leverage, Sales Growth, Company Size and Profitability on Earnings Management’, Diponegoro Journal Of Accounting, 9.3 (2020), pp. 1–14.
Ardiyanti Pratika, Aristi, and Ida Nurhayati, ‘The Influence of Managerial Ownership, Institutional Ownership, Profitability, Leverage and Audit Quality on Earnings Management’, Fair Value: Jurnal Ilmiah Akuntansi Dan Keuangan, 5.2 (2022), pp. 762–75, doi:10.32670/fairvalue.v5i2.2074.
Chang, Hai Yen, Li Heng Liang, and Hui Fun Yu, ‘Market Power, Competition and Earnings Management: Accrual-Based Activities’, Journal of Financial Economic Policy, 11.3 (2019), pp. 368–84, doi:10.1108/JFEP-08-2018-0108.
Dewi, Puji Lestari, Kodriyah, and Entis Haryadi, ‘The Effect of Deferred Tax Expense, Tax Planning and Bonus Compensation on Profit Management’, ‘LAWSUIT’ Jurnal Perpajakan, 2.1 (2023), pp. 47–59, doi:10.30656/lawsuit.v2i1.1158.
Fionissa Noor, Rizki, ‘The Influence of Information Asymmetry, Leverage, Company Size, and Profitability on Earnings Management (An Empirical Study of Manufacturing Companies Listed on the Indonesia Stock Exchange for the 2016-2018 Period)’, Ajar, 04.02 (2021), pp. 187–204.
Gustinya, SE., M.Ak., Diana, and Bagas Wahyu Eko Saputro, ‘The Influence of Leverage and Managerial Ownership on Earnings Management’, Jurnal Akuntansi Dan Bisnis Krisnadwipayana, 9.3 (2022), p. 945, doi:10.35137/jabk.v9i3.768.
Hardiyanti, Widhian, Andi Kartika, and Sri Sudarsi, ‘Analysis of Profitability, Company Size, Leverage and Their Influence on Profit Management in Manufacturing Companies’, Owner, 6.4 (2022), pp. 4071–82, doi:10.33395/owner.v6i4.1035
Jensen, Michael C, and William H Meckling, ‘Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure’, Journal of Financial Economics, no. 4 (1976), pp. 305–60.
Pangaribuan, David, Gilbert Rely, and Dimas Aditia, ‘The Effect of Bonus Compensation and Leverage on Earnings Management Moderated by Company Size (An Empirical Study of Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2018-2021 Period)’, BALANCE: Jurnal Akuntansi, Auditing Dan Keuangan, 20.2 (2023), pp. 130–53.
Pratomo, Dudi, and Nelda Alma, ‘The Influence of Independent Board of Commissioners, Institutional Ownership, Managerial Ownership, and Foreign Ownership on Earnings Management (A Case Study of Mining Sector Companies Listed on the Indonesia Stock Exchange for the 2014-2018 Period)’, Jurnal Akuntansi Keuangan Dan Bisnis, 13.2 (2020), pp. 98–107, doi:10.35143/jakb.v13i2.3675.
Pridehan, Syahla, and others, ‘Legal Analysis of Financial Reporting Obligations in the Capital Market: A Case Study of PT Garuda Indonesia's 2018 Financial Report Manipulation’, 2.4 (2024), pp. 903–08.
Scott, W. R, Financial Accounting Theory Seventh Edition, 2015.
Siti Wulan Astriah, Rizky Trinanda Akhbar, Erma Apriyanti, Dewi Sarifah Tullah, ‘The Influence of Company Size, Profitability and Leverage on Earnings Management’, 10.2 (2021), pp. 387–401.
Susanto, Yulius Kurnia, Kashan Pirzada, and Sheryl Adrianne, ‘Is Tax Aggressiveness an Indicator of Earnings Management?’, Polish Journal of Management Studies, 20.2 (2019), pp. 516–27, doi:10.17512/pjms.2019.20.2.43.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Devi Mayleani, Yunita Fitria
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
