PENGARUH MOTIVASI HUTANG, GOOD CORPORATE GOVERNANCE, UKURAN PERUSAHAAN, DAN KINERJA PERUSAHAAN TERHADAP MANAJEMEN LABA (Studi Empiris pada Perusahaan Properti dan Real Estate yang Terdaftar di BEI Tahun 2014-2017)

Abstract

The property and real estate sectors play a role in the development of the Indonesian economy. The Indonesian government is also aggressively engaged in developing adequate infrastructure. Development carried out by property and real estate companies requires capital or funding sources from other parties, such as investors and creditors. In credit activities there needs to be an element of trust between creditors and debtors, one of which is through information that is owned by each party. The company can do earnings management when making loans to creditors and the company's desire to get capital from investors. Earnings management practices arise due to the information asymmetry. This study aims to determine and analyze the effect of debt motivation, independent commissioners, audit committees, institutional ownership, managerial ownership, company size, and company performance on earnings management in property and real estate companies listed on the Indonesia Stock Exchange in 2014-2017. The data collected is secondary data in the form of a company's financial statements. The research sample of 42 companies with an observation period of four years. The method of data analysis in this study uses statistical calculations with the application of SPSS software version 22. The results provided by this study are debt motivation, independent commissioners, audit committees, institutional ownership, managerial ownership, company size, and company performance have no effect on earnings management. Research can contribute to further research, creditors, and investors.