The application of corporate governance to the earnings management of the banking industry in Indonesia in the 2007-2009 period
##plugins.themes.bootstrap3.article.sidebar##
##plugins.themes.bootstrap3.article.main##
Abstract
The aims of this research is to examine the influence of corporate governance mechanisms, such as, board of commissioner composition and size, audit committee size, composition of independent audit committee members and their expertise on the earnings management practice in public bank companies listed in Indonesia Stock Exchange. The samples of this research is all of public banks companies existed in Indonesia in the year of 2007-2009 which were listed in Indonesia Stock Exchange. The research data were collected from public bank’s financial statement and annual report for the period of 2007 until 2009. From purposive sampling method, I have collected 72 observations from 24 public banks companies/3 years. By using multiple regression analysis as the research method, the results shown that five independent variables influenced earnings management of public banks companies simultaneously. The conclusion of this research is only board of commissioner composition and audit committee expertise that significantly affect earnings management, while board commissioner size, composition of independent audit committee members and size have no significant effect to earnings management
##plugins.themes.bootstrap3.article.details##
Alijoyo, Antonius dan Subarto Zaini. 2004. Komisaris Independen: Penggerak Praktik GCG di Perusahaan. Jakarta: Indeks
Ariyoto, Kresnohadi. 2000. Good Corporate Governance dan Konsep Penegakannya di BUMN dan Lingkungan Usahanya. Majalah Usahawan No. 10 Tahun XXIX Oktober 2000
Badan Pengawas Pasar Modal. 2004. Kep-29/PM/2004. Pembentukan dan Pedoman Kerja Komite Audit
Bank Indonesia. 2006. PBI No 8/4/PBI/2006. Peraturan Bank Indonesia Tentang Pelaksanaan Good Corporate Governance Pada Bank Umum
Bapepam. 2006. Studi Penerapan Prinsip-Prinsip OECD 2004 Dalam Peraturan Bapepam Mengenai Corporate Governance
Boediono, Gideon S.B. 2005. Kualitas Laba: Studi Pengaruh Mekanisme Corporate Governance dan Dampak Manajemen Laba Dengan Menggunakan Analisis Jalur. Artikel yang Dipresentasikan pada Simposium Nasional Akuntansi 8 Solo tanggal 15-16 September 2005
Bursa Efek Indonesia. 2001. Kep-339/BEJ/07-2001. Ketentuan Umum Pencatatan Efek Bersifat Ekuitas di Bursa
Bursa Efek Indonesia. 2001. SE-008/BEJ/12-2001. Keanggotaan Komite Audit Chtourou, Sonda Marrakchi, Jean Bedard, and Lucie Courteau. 2001. Corporate
Governance and Earnings Management. Available on-line at www.ssrn.com
Cornett, Marcia Millon, Jamie John McNutt, and Hassan Tehranian. 2006. Corporate Governance And Earnings Management At Large U.S. Bank Holding Companies. Working Paper
FCGI. Booklet Seri Tata Kelola Perusahaan Jilid II Peranan Dewan Komisaris dan Komite Audit dalam Pelaksanaan Corporate Governance (Tata Kelola Perusahaan)
Ghozali, Imam. 2005. Aplikasi Analisis Multivariate Dengan Program SPSS. Semarang: Badan Penerbit Universitas Diponegoro.
Gujarati, Damodar N. 2004. Basic Econometrics Fourth Edition. New York: The McGraw-Hill International Edition
Herwidayatmo. 2000. Implementasi Good Corporate Governance Untuk Perusahaan Publik Indonesia. Majalah Usahawan No. 10 Tahun XXIX Oktober 2000
Isnanta, Rudi. 2008. Pengaruh Corporate Governance dan Struktur Kepemilikan Terhadap Manajemen Laba dan Kinerja Keuangan. Skripsi. Universitas Islam Indonesia
Jensen, Michael C. dan W.H. Meckling. 1976. Theory of The Firm: Managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics 3. hal. 305-360.
Kementerian Badan Usaha Milik Negara. 2002. KEP-117/M-MBU/2002. Keputusan Menteri BUMN Tentang Penerapan Praktek Good Corporate Governance Pada Badan Usaha Milik Negara (BUMN)
Klein, April. 2006. Audit Committee, Board of Director Characteristics, and Earnings Management. Law & Economics Research Paper Series Working Paper No. 06- 42
Nachrowi, Nachrowi D. dan Hardius Usman. 2006. Pendekatan Populer Dan Praktis Ekonometrika Untuk Analisis Ekonomi Dan Keuangan. Jakarta: Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia
Nasution, Marihot dan Doddy Setiawan. 2007. Pengaruh Corporate Governance Terhadap Manajemen Laba Di Industri Perbankan Indonesia. Artikel yang dipresentasikan dalam Simposium Nasional Akuntansi 10 di Unhas Makassar tanggal 26-28 Juli 2007
Rachmawati, Andri dan Hanung Triatmoko. 2007. Analisis Faktor-Faktor Yang Mempengaruhi Kualitas Laba Dan Nilai Perusahaan. Artikel yang dipresentasikan dalam Simposium Nasional Akuntansi 10 di Unhas Makassar tanggal 26-28 Juli 2007
Rachmawati, Yacob Suparno, dan Nurul Qomariah. 2006. Pengaruh Asimetri Informasi Terhadap Praktik Manajemen Laba Pada Perusahaan Perbankan Publik Yang Terdaftar Di Bursa Efek Jakarta. Artikel yang dipresentasikan dalam Simposium Nasional Akuntansi 9 di Padang tanggal 23-26 Agustus 2006
Sekaran, Uma. 2009. Research Methods For Business: Metodologi Penelitian Untuk Bisnis Edisi 4. Jakarta: Salemba Empat
Setiawati, Lilis dan Ainun Na'im. 2001. Bank Health Evaluation by Bank Indonesia and Earnings Management in Banking Industry. Gadjah Mada International Journal of Business Volume 3 No 2 May: 159-176
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.