Earnings management across publicity heald and privately held Banks

MARDIANA, Dhani, Prof.Dr. Mas'ud Machfoedz, MBA

2004 | Tesis | Magister Manajemen

Penelitian ini bertujuan untuk mengetahui dan membuktikan adanya periaku Manajemen Laba pada bank-bank publik dan non-publik. Hipotesa yang dibangun dalam penelitian ini dilandasi pemikiran adanya perbedaan tingkat agency problem serta masih kuatnya pengukuran kinerja manajemen yang hany berdasarkan laba saja. Metodesampling yang digunakan adalah judgement sampling method. Berdasarkan criteria yang telah ditetapkan, diperoleh 58 bank publik dan nonpublik yang akan digunakan sebagai sampel. Laporan bulanan tahun 2002 didownload dari website Bank Indonesia untuk digunakan sebagai dasar pencarian nilai Discretionary Accrual sebagai proxy dari manajemen laba. Hasil dari penelitian ini menunjukkan bahwa ada perbedaan perilaku manajemen laba antara bank-bank publik dan non-publik. Bank-bank publik secara statistik signifikan melakukan manajemen laba untuk mendapatkan tingkat laba yang lebih tinggi. Sedangkan bank-bank non-publik cenderung berperilaku sebaliknya, yaitu melakukan manajemen laba untuk menurunkan tingkat laba. Key words : earnings management - agency problem – asymmetric information – accrual – discretionary accrual

The aim of this research is to identify the behaviour of earnings management across publicly held and privately held banks in Indonesia. The hypothesis’ developed in this research were based on the disparity in agency problem level of those two kind of banks and the earning-based benchmark that give opportunities to the manager to report the desired level of financial reporting. The judgement sampling method resulted on totally of 58 number of banks will be used in this research. The monthly financial report of the year 2002 of those 58 banks were downloaded from Bank Indonesia’s website and used as raw data to obtained the expected Discretionary Accrual as proxy of earnings management. As result, the statistical formulas using Z test and mean difference test show that there is a disparity in earnings management behaviour across publicly held and privately held banks. The publicly held banks are statistically significant manage their earnings by increasing the earnings; while the privately held banks are statistically significant manage their earnings by decreasing the earnings.

Kata Kunci : Manajemen Laba,Perilaku,Bank Publik dan Non Publik, earnings management - agency problem – asymmetric information – accrual – discretionary accrual