Determinants of earnings quality: An empirical study in Indonesia
DOI:
Abstract Views:
325 times
PDF Downloads:
313 times
Abstract
This study aims to investigate the factors that influence the quality of earnings. In this study, there are three independent variables: capital structure, investment opportunity set, and information asymmetries on earnings quality. Indicators of earnings quality are discretionary accruals. The capital structure will be expressed as a ratio of debt to equity. Comparing the investment opportunity set's market value to its book value allows for its evaluation. Information asymmetries are quantified using the bid-ask spread. The population studied utilizes the manufacturing sector. The method of determining a sample using the technique of purposive sampling. As many as 160 firm years were used to collect research samples that met the criteria. The analysis instrument employs multiple linear regression analysis techniques. According to the findings of the study, capital structure and asymmetric information have a positive impact on earnings quality. Moreover, the investment opportunity set has no effect on the quality of earnings.
Downloads
References
Arisonda, R. (2018). Pengaruh struktur modal, likuiditas, pertumbuhan laba, ukuran perusahaan, dan invesment opportunity set (IOS) terhadap kualitas laba di perusahaan manufaktur yang terdaftar di BEI pada tahun 2015-2017. ADVANCE Journal of Accounting, 5(2), 42–47.
Barus, A. C., & Setiawati, K. (2015). Pengaruh Asimetri Informasi, Mekanisme Corporate Governance, dan Beban Pajak Tangguhan Terhadap Manajemen Laba. Jurnal Wira Ekonomi Mikroskil, 5(1). https://doi.org/10.55601/jwem.v5i1.223
Beyer, A., Guttman, I., & Marinovic, I. (2019). Earnings management and earnings quality: Theory and evidence. Accounting Review, 94(4). https://doi.org/10.2308/accr-52282
Dechow, P. M., & Schrand, C. M. (2004). Earnings quality. The Research Foundation of CFA Institute.
Eisenhardt, K. M. (1989). Agency Theory: An Assessment and Review. Academy of Management Review, 14(1). https://doi.org/10.2307/258191
Firdaus, I. (2013). pengaruh asimetri informasi dan capital adequacy ratio terhadap manajemen laba. Jurnal Akuntansi, 1(1).
Helina, & Permanasari, M. (2017). Faktor-faktor yang mempengaruhi kualitas laba pada perusahaan manufaktur. Jurnal Bisnis Dan Akuntansi, 19(5), 325–334. https://doi.org/10.34208/jba.v19i1.62
Lahaya, I. A., & Kurniawan, I. S. (2016). Seminar nasional dan call paper fakultas ekonomi UNIBA surakarta. Seminar Nasional Dan Call Paper Fakultas Ekonomi UNIBA Surakarta, 61–68.
Lisa, O. (2012). Asimetri informasi dan manajemen laba: Suatu tinjauan dalam hubungan keagenan. Jurnal WIGA, 2(1), 42–49.
Mahawyahrti, P. T., & Budiasih, I. G. N. A. (2016). Asimetri informasi, leverage, dan ukuran perusahaan pada manajemen laba. Jurnal Ilmiah Akuntansi Dan Bisnis, 11(2), 100–110. https://doi.org/10.24843/JIAB.2016.v11.i02.p05
Marisatusholekha, & Budiono, E. (2015). Pengaruh komisaris independen, reputasi KAP, persistensi laba, dan struktur modal terhadap kualitas laba (Studi pada perusahaan telekomunikasi yang terdaftar di bursa efek indonesia tahun 2009-2013). Bina Ekonomi, 19(1), 53–70. https://doi.org/10.26593/be.v19i1.1366.53-70
Murniati, T., Sastri, I. I. D. A. . M., & Rupa, I. W. (2018). Faktor - faktor yang mempengaruhi kualitas laba pada perusahaan manufaktur yang terdaftar di BEI tahun 2012 - 2016. Kumpulan Riset Akuntansi, 10(1), 89–101. https://doi.org/10.31289/jab.v4i1.1530
Noury, B., Hammami, H., Ousama, A. A., & Zeitun, R. (2020). The prediction of future cash flows based on operating cash flows, earnings and accruals in the french context. Journal of Behavioral and Experimental Finance, 28. https://doi.org/10.1016/j.jbef.2020.100414
Novianti, R. (2012). Kajian kualitas laba pada perusahaan manufaktur yang terdaftar di BEI. Accounting Analysis Journal, 1(2), 1–6. https://doi.org/10.15294/aaj.v1i2.656
Nurhanifah, Y. A., & Jaya, T. E. (2014). Pengaruh alokasi pajak antar periode, investment opportunity set dan likuiditas terhadap kualitas laba. Jurnal Ilmiah Wahana Akuntansi, 9(2), 109–133.
Penman, S. H. (2001). On Comparing Cash Flow and Accrual Accounting Models for Use in Equity Valuation: A Response to Lundholm and O’Keefe ( CAR , Summer 2001)* . Contemporary Accounting Research, 18(4). https://doi.org/10.1506/DT0R-JNEG-QL60-7CBP
Puspita Lia, I. (2018). Pengaruh investment opportunityset, corporate covernance pertumbuhan laba dan struktur modal terhadap kualitas laba. Jurnal Riset AKuntansi Dan Manajemen, 7(2), 64–74.
Rachmawati, A., & Triatmoko, H. (2007). Analisis faktor-faktor yang mempengaruhi kualitas laba dan nilai perusahaan. Simposium Nasional Akuntansi XIII Universitas Sebelas Maret, 1–26.
Rahmat, M. M., Muniandy, B., & Ahmed, K. (2020). Do related party transactions affect earnings quality? Evidence from east Asia. International Journal of Accounting and Information Management, 28(1). https://doi.org/10.1108/IJAIM-12-2018-0146
Reyhan, A., Zirman, & Nurazlina. (2014). Pengaruh komite audit, asimetri informasi, ukuran perusahaan, pertumbuhan laba dan profitabilitas terhadap kualitas laba (Studi pada perusahaan manufaktur yang terdaftar di BEI 2009-2010). Jom Fekon, 1(2), 1–17.
Risdawaty, I. M. E., & Subowo. (2015). Pengaruh struktur modal, ukuran perusahaan, asimetri informasi dan profitabilitas terhadap kualitas laba. Jurnal Dinamika Akuntansi, 7(2), 110–118. https://doi.org/10.15294/jda.v7i2.4121
Sadiah, H., & Patuh, M. P. (2015). Pengaruh leverage, likuiditas, size, pertumbuhan laba dan ios terhadap kualitas laba. Jurnal Ilmu Dan Riset Akuntansi, 4(5), 1–21.
Savitri, E., Ratnawati, V., & Gaol, K. T. L. (2014). Pengaruh asimetri informasi, leverage, kualitas akrual dan profitabilitas terhadap kualitas laba. Jurnal Online Mahasiswa Fakultas Ekonomi Universitas Riau, 1(1), 1–15.
Septiyani, G., Rasyid, E., & Tobing, E. G. (2017). Faktor-faktor yang mempengaruhi kualitas laba pada perusahaan industri dasar dan kimia yang terdaftar di bursa efek indonesia periode 2012-2015. Management Jorunal, 2(1), 70–79. https://doi.org/10.31629/jiafi.v1i1.1241
Simamora, E., Tanjung, A. R., & Julita. (2014). Pengaruh investment opportunity set (IOS), mekanisme good corporate governance dan reputasi KAP terhadap kualitas laba perusahaan (Studi empiris pada perusahaan property and real estate yang terdaftar di bursa efek indonesia 2010-2012). Jom Fekon, 1(2), 1–21. https://doi.org/10.21831/nominal.v1i2.1000
Situmorang, C. V. (2017). Analisis faktor-faktor yang mempengaruhi kualitas laba studi kasus pada sub sektor manufaktur di bursa efek indonesia. Jurnal Kewirausahaan, 3(2), 50–58. https://doi.org/10.24912/ja.v19i1.113
Soly, N., & Wijaya, N. (2017). Faktor-faktor yang mempengaruhi kualitas laba pada perusahaan manufaktur. Jurnal Bisnis Dan Akuntansi, 19(1), 47–55. https://doi.org/10.34208/jba.v19i1.64
Sukmawati, S., Kusmuriyanto, & Agustina, L. (2014). Pengaruh struktur modal, ukuran perusahaan, likuiditas dan return on asset terhadap kualitas laba. Accounting Analysis Journal, 3(1), 26–33. https://doi.org/10.15294/aaj.v3i1.3897
Warianto, P., & Rusiti, C. (2014). Pengaruh ukuran perusahaan, struktur modal, likuiditas dan investment opportunity set (IOS) terhadap kualitas laba pada perusahaan manufaktur yang terdaftar di BEI. Modus, 26(1), 19–32. https://doi.org/10.24002/modus.v26i1.575
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
- Copyright on articles is retained by the respective author(s), without restrictions. A non-exclusive license is granted to Akuntansi dan Teknologi Informasi (JATI) to publish the article and identify itself as its original publisher, along with the commercial right to include the article in a hardcopy issue for sale to libraries and individuals.
- Articles published in Akuntansi dan Teknologi Informasi (JATI) are licensed under a Creative Commons Attribution-ShareAlike 4.0 International license. You are free to copy, transform, or redistribute articles for any lawful purpose in any medium, provided you give appropriate credit to the original author(s) and the journal, link to the license, indicate if changes were made, and redistribute any derivative work under the same license.
- By publishing in Akuntansi dan Teknologi Informasi (JATI), authors grant any third party the right to use their article to the extent provided by the Creative Commons Attribution-ShareAlike 4.0 International license.
