Pengaruh Good Corporate Governance dan Financial Distress terhadap Praktik Manajemen Laba dengan Dewan Komisaris Independen Sebagai Variabel Moderasi

Zulfami Sardila

Abstract


This study investigates the effect of good corporate governance (audit
committee, managerial ownership, institutional ownership) and financial distress on earnings management, with the independent board of commissioners as a moderating variable. The sample consists of 568 data units from manufacturing companies listed on the IDX during 2020–2023, selected using purposive sampling. The analysis was conducted using the Random Effect Model (REM) in STATA 17

The results show that of the three indicators of good corporate governance, only the audit committee has a negative effect on earnings management practices. Meanwhile, managerial ownership and institutional ownership have no effect on earnings management practices. Financial distress positively affects and increases earnings management. The independent board of commissioners doesn’t moderate the effect of the audit committee, managerial ownership, and financial distress. However, it weakens the relationship between institutional ownership and earnings management.


Keywords


good corporate governance; financial distress; earnings management

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References


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DOI: https://doi.org/10.15408/jmeb.v1i1.48183

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