Main Article Content

Abstract

Analyze The Effect of Company Size, Public Ownership, Audit Committee, and Leverage to Accounting Conservatism (Manufacturing Company Listed in The Indonesian Stock Exchange 2011-2015)

The purpose of this research was to analyzes the effect of firm size, public ownership, audit committee, and leverage to accounting conservatism. This research use the approach of positive accounting theory and accounting consevatism variable measured by market to book ratio based on Givoly and Hayn (2000) research. 

Hypothesis testing in this research using multiple linear regression analysis computed by SPSS 22.0 software. The method used is descriptive quantitative method. This research utilizes secondary research data taken from the official website of the Indonesian Stock Exchange (IDX) www.idx.co.id. Population in this research are 33 companies manufacturing sector consumer goods industry listed in IDX on 2011-2015. Sample selection was done by purposive sampling and acquired 25 companies for 5 years.

The research results shows 5 conclusions: (1) Firm Size has positive and significant influence to accounting conservatism, (2) Public Ownership has negative and significant influence to accounting conservatism, (3) Audit Committee has negative and insignificant influence to accounting conservatism, (4) Leverage has a positive and significant influence to accounting conservatism, and (5) Firm size, public ownership, audit committee, and leverage simultaneously have a significant effect to accounting conservatism.

Keywords

firm size public ownership audit committee leverage accounting conservatism and positive accounting theory

Article Details

Author Biographies

Ita Sari, Kampus STIE-IBEK

Mahasiswa Prodi Akuntansi

Marheni Marheni, Kampus STIE-IBEK

Dosen Pembimbing

Yenfi Yenfi, Kampus STIE-IBEK

Dosen Pembimbing
How to Cite
Sari, I., Marheni, M., & Yenfi, Y. (2017). ANALISIS PENGARUH UKURAN PERUSAHAAN, STRUKTUR KEPEMILIKAN PUBLIK, KOMITE AUDIT, DAN LEVERAGE TERHADAP PENERAPAN KONSERVATISME AKUNTANSI (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia tahun 2011-2015). Jurnal Akuntansi Bisnis & Keuangan , 13(2), 13-24. Retrieved from https://e-jurnal.stie-ibek.ac.id/index.php/JIABK/article/view/299

References

  1. [1] Ahmed, A.S., Duellman, S., 2007. Accounting conservatism and board of director characteristics: An empirical analysis, Journal of Accounting and Economics.
  2. [2] Alfian, Angga dan Arifin Sabeni. 2013. Analisis Faktor-Faktor yang Berpengaruh terhadap Pemilihan Konservatisme Akuntansi. Journal Of Accounting Vol. 2 No. 3, Diponegoro.
  3. [3] Almilia, Luciana Spica. 2004. Pengujian Size Hypothesis dan Debt/Equity Hypothesis yang Mempengaruhi Tingkat Konservatisme Laporan Keuangan Perusahaan. Jurnal Bisnis dan Akuntansi, Vol. 27.
  4. [4] Anthony dan Govindarajan. 2005. Management Control System, Edisi 11, penerjemah: F.X. Kurniawan Tjakrawala, dan Krista. Penerbit Salemba Empat, Buku 2, Jakarta.
  5. [5] Beasley, M. S., Carcello, J.V., & Hermanson, D.R. 2000. Fraudulent financial reporting: 1987-1997, An analysis of U.S. public companies. New York: Committee of Sponsoring Organizations of the Treadway Commission (COSO).
  6. [6] Brilianti, Dinny Prastiwi. 2013. Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Leverage dan Komite Audit terhadap Konservatisme Akuntansi. Universitas Negeri Semarang.
  7. [7] Chariri dan Ghozali, Achmad (2007) Teori Akuntansi, Penerbit Andi, Yogyakarta.
  8. [8] Dechow, P.M., R.G. Sloan and A.P. Sweeney. 1996. Cases and consequences of earnings manipulations: an analysis of firms subject to enforcement actions by the SEC. Contemporary Accounting Research 13 (1996) (1), pp. 1–36.
  9. [9] Deviyanti, Dyahayu Artika. 2012. Analisis Faktor-Faktor Yang Mempengaruhi Penerapan Konservatisme Dalam Akuntansi (Studi pada perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia). Universitas Diponegoro, Semarang.
  10. [10] Dewi, A. A. A. Ratna. 2004. Pengaruh Konservatisme Laporan Keuangan terhadap Earnings Response Coefficient. Jurnal Riset Akuntansi Indonesia.
  11. [11] Dewi, Ni Kd Sri Lestari dan I Ketut Suryanawa. 2014. Pengaruh Struktur Kepemilikan Manajerial, Leverage, Dan Financial Distress Terhadap Konservatisme Akuntansi. E-Jurnal Akuntansi Universitas Udayana 7.1 (2014): 223.
  12. [12] Fala, Dwiyana Amalia S. 2007. Pengaruh Konservatisme Akuntansi terhadap Penilaian Ekuitas Perusahaan Dimoderasi oleh Good Corporate Governance. SNA X : Ikatan Akuntansi Indonesia.
  13. [13] Givoly, Dan dan Hayn, Carla. 2000. The changing time-series properties of earnings, cash fows and accruals:Has finanancial reporting become more conservative?. Journal of Accounting and Economics 29 (2000) 287-320.
  14. [14] Haniati, dan Fitriany. 2010. Pengaruh Konservatisme terhadap Asimetri Informasi dengan Menggunakan Beberapa Model Pengukuran Konservatisme. SNA XII Purwokerto.
  15. [15] Januarti, Indira. 2004. Pendekatan dan Kritik Akuntansi Positif. Jurnal Akuntansi & Auditing. Volume 01, No 01, November 2004.
  16. [16] Jensen, Michael C. and William H. Meckling. 1976. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, October, 1976, V. 3, No. 4, pp. 305-360.
  17. [17] Juanda, Ahmad. 2007. Perilaku Konservatif Pelaporan Keuangan dan Risiko Litigasi Pada Perusahaan Go Publik di Indonesia. Naskah Publikasi Penelitian Dasar Keilmuan. Malang: Universitas Muhammadiyah.
  18. [18] Krishnan, G. V., & Visvanathan, G. (2008). Does the SOX Definition of an Accounting Expert Matter? The Association between Audit Committee Directors' Accounting Expertise and Accounting Conservatism.
  19. Contemporary Accounting Research, 25(3), 827-858.
  20. [19] Lastari, Dini. 2012. Pengaruh Growth Opportunities, Risiko Litigasi dan Tingkat Kesulitan Keuangan terhadap Konservatisme Akutansi pada Perusahaan Food and Beverages di Bursa Efek Indonesia Periode 2010-2012. Jurnal Umrah.
  21. [20] Lo, Eko Widodo. 2005. Pengaruh Tingkat Kesulitan Keuangan Perusahaan terhadap Konservatisme Akuntansi.Makalah Simposium Nasional Akuntansi VIII. Solo.
  22. [21] McMullen D.A. (1996). Audit committee performance: an investigation of the consequences associated with audit committees. Auditing: A Journal of Practice & Theory, 15(1), 87-103.
  23. [22] Noviantari, Ni Wayan dan Ni Made Dwi Ratnadi. 2015. Pengaruh Financial Distress, Ukuran Perusahaan, Dan Leverage Pada Konservatisme Akuntansi. E-Jurnal Akuntansi Universitas Udayana 11.3 (2015): 646-660.
  24. [23] Nugroho, Okta Dwi dan Dian Indriana T.L. 2012. Faktor-Faktor yang Mempengaruhi Konservatisme Akuntansi (Studi Empiris Perusahaan Manufaktur di BEI tahun 2007-2009). JURAKSI Vol. 1 No.2.
  25. [24] Sari, Cynthia dan Desi Adhariani. 2009. Konservatisme Perusahaan di Indonesia dan faktor-faktor yang mempengaruhinya. SNA XII: Ikatan Akuntansi Indonesia.
  26. [25] Wardhani, Ratna. 2008. Tingkat Konservatisme Akuntansi di Indonesia dan Hubungannya dengan Karakteristik Dewan Sebagai Salah Satu Mekanisme Corporate Governance. Makalah SNA XI, Pontianak.
  27. [26] Watts R. and J.L. Zimmerman. 1986. Positive Accounting Theory. New York: Prentice-Hall.
  28. [27] Watts, Ross. 2003. Conservatism in Accounting Part I: Explanations and Implications. Working paper.Simon School of Bisnis, University of Rochester.
  29. [28] Weston, John Fred dan Eugene F. Brigham. 1990. Effect of Operating and Financial Leverage on Firms Risk.
  30. [29] Widya, 2004, Analisis Faktor-Faktor yang Mempengaruhi Pilihan Perusahaan Terhadap Akuntansi Konservatif, Simposium Nasional Akuntansi VII, Denpasar.
  31. [30] Wijaya, Anggita Langgeng. 2012. Pengukuran Konservatisme Akuntansi: Sebuah Literatur Review. Asset: Jurnal Akuntansi dan Pendidikan, Volume 1, Nomor 1, Oktober 2012.