PENGARUH MANAJEMEN LABA PADA TINGKAT PENGUNGKAPAN LAPORAN KEUANGAN PADA PERUSAHAAN MANUFAKTUR YANG TERMASUK DALAM INDEKS LQ-45

AUTHOR:

JULIA HALIM, Alumni Institut Bisnis Dan Informatika Indonesia
CARMEL MEIDEN, Dosen Institut Bisnis Dan Informatika Indonesia
RUDOLF LUMBAN TOBING, Dosen Institut Bisnis Dan Informatika Indonesia

SNA VIII Solo, 15 – 16 September 2005

ABSTRACT:

This research examines rhe relationship between corporate disclosure and earnings management. Earnings management occurs when managers use judgement in financial reporting. Earnings management may also result when Shareholders do not have access to relevant information to monitor manager’s action which may give rise to the practice of the earnings management. Because of that, managers prefer to disclose less information in financial report. The research presents two hypothesis that have opposite implications for the relation between earnings management and corporate disclosure. If earnings management is opportunistic, then the predicted relation is negative. Alternatively, if earnings management is for rising corporate value then the predicted relation is positive. Besides earnings management and disclosure as endogenous variables, this research also used information asymmetry, current income, future income, leverage, company size, cummulative return, and current ratio as moderating variables. The results show that earnings management affects corporate disclosure positively and in other side, the corporate disclosure affects earnings management negatively.

KEYWORDS: Earnings management, Disclosure (Kep.38/PM/1996), Accruals, Discretionary accruals, Asymmetric information

FULL TEXT: MANAJEMEN LABA PADA TINGKAT PENGUNGKAPAN