THE INFLUENCE OF CAPITAL STRUCTURE AND FINANCIAL PERFORMANCE ON EARNINGS MANAGEMENT
Downloads
Objective: This research aims to analyze the influence of capital structure and financial performance on earnings management practices in non-cyclical consumer sector companies listed on the Indonesia Stock Exchange. Method: This research uses a quantitative method, involving 118 samples of annual report data for the period 2021- 2022. Results: The results of the analysis indicate that capital structure has a significant negative impact on earnings management. On the other hand, financial performance has a significant positive impact on earnings management. Although both variables have a significant simultaneous effect, the coefficient determination shows that most of the variation in earnings management is influenced by other factors, such as regulation and corporate governance. Novelty: The novelty in this research lies in the use of the Stubben formula to measure earnings management, which provides a deeper perspective on the practice of earnings manipulation within companies.
Aldona, Lorenzia, and Sinta Listari. 2020. “Pengaruh Rasio Profitabilitas Dan Rasio Leverage Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar Di BEI Tahun 2016-2018).” Jurnal Ilmiah Akuntansi Kesatuan 8(1).
Anggraeni, Margarhet, and Indra Widjaja. 2021. “Analisis Pengaruh Ukuran Perusahaan, Leverage, Profitabilitas, Terhadap Manajemen Laba Pada Perusahaan Consumer Goods Industry.” Jurnal Manajemen Bisnis Dan Kewirausahaan 5(1).
Astriah, Siti Wulan, Rizky Trinanda Akhbar, Erma Apriyanti, and Dewi Sarifah Tullah. 2021. “Pengaruh Ukuran Perusahaan, Profitabilitas Dan Leverage Terhadap Manajemen Laba.” Jurnal Akuntansi 10(2).
Jensen, M. C., and W. H. Meckling. 1976. “Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure.” Journal of Financial Economics 3(4):305–60.
Maulidiana, Sri, Heru Satria Rukmana, and Muhlis. 2023. “Pengaruh Profitabilitas, Leverage, Dan Other Comprehensive Income (OCI) Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur Di Bursa Efek Indonesia Periode 2018- 2020).” Jurismata 5(1).
Melani, Agustina. 2023. “Kaleidoskop 2023: Mengendus Dugaan Manipulasi Laporan Keuangan 2 Emiten BUMN Karya.” Liputan6, December 25.
Novitasari, Citra Dewi, and Endang Sri Utami. 2023. “Pengaruh Profitabilitas, Kepemilikan Manajerial, Ukuran Perusahaan, Dan Leverage Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia).” Jurnal Pendidikan Tambusai 7(1).
Rianita, Ni Made, and Ni Made Dita Pramesti. 2021. “Pengaruh Ukuran Perusahaan, Profitabilitas, Dan Leverage Terhadap Manajemen Laba Pada Perusahaan Manufaktur.” Jurnal Artha Satya Dharma 14(2).
Ronen, Josua, and Varda Yaari. 2008. Earnings Management: Emerging Insights in
Theory, Practice, and Research. New York: Springer.
Sholichah, Fadchulis, and Andi Kartika. 2022. “Pengaruh Ukuran Perusahaan, Leverage, Profitabilitas, Dan Kepemilikan Manajerial Terhadap Manajemen Laba.” Syntax Literate: Jurnal Ilmiah Indonesia 7(1).
Sitorus, Desi Anggraini, and Adanan Silaban. 2023. “Pengaruh Rasio Profitabilitas Dan Rasio Leverage Terhadap Manajemen Laba.” Jurnal Ekonomi Dan Manajemen Teknologi 7(2).
Sugianto, Danang. 2019. “Kronologi Laporan Keuangan Garuda, Dari Untung Jadi ‘Buntung.’” detikFinance.
Undrian, Lysa Shienny, and Harti Budi Yanti. 2023. “Pengaruh Struktur Modal, Ukuran Perusahaan, Dan Profitabilitas Terhadap Manajemen Laba Dengan Kompensasi Manajemen Sebagai Variabel Moderasi.” Jurnal Ekonomi Trisakti 3(2).
Watts, R. L., and J. L. Zimmerman. 1986. Positive Accounting Theory. Prentice Hall.
Wulandari, Dewi Eka. 2022. “Kasus Manipulasi Laporan Keuangan PT Tiga Pilar Sejahtera, Direksi Bersalah.” Kompasiana.
Copyright (c) 2025 Sinta Sri Ramdona, Meita Larasati, Safier Ramdani
This work is licensed under a Creative Commons Attribution 4.0 International License.
