Pengaruh Asimetri Informasi, Mekanisme Corporate Governance, Kinerja Perusahaan dan Faktor Leverage Terhadap Manajemen Laba pada Perusahaan Manufaktur yang Listed di BEI Periode 2011-2014

Abstract

This research examines the earnings management with the factors that cause it, namely the asymmetry of information, corporate governance mechanisms (institutional ownership, managerial ownership, and independent board), the performance of companies that focus on today's performance, and the leverage factor. This research takes sample from 12 manufactur companies listed on Indonesia Stock Exchange which were published in annual report from 2011 – 2014, with a purposive sampling technique. The method of analysis used multi regression. Earnings management is an attempt by managers to affect the return does not conflict with the rules of financial reporting under GAAP. The result show that asymmetry of information, independent board in corporate governance mechanism, and leverage factor have positive siginificant affect with earnings management, while institutional and managerial ownership in corporate governance mechanism, as well as the company’s performance today have negative affect.