Pengaruh Corporate Governance terhadap konservatisma akuntansi dan Earnings Management

IMTIKHANAH, Sobrotul, Prof.Dr. Jogiyanto HM., MBA

2007 | Tesis | S2 Akuntansi

Studi ini mempunyai tujuan menguji secara empiris pengaruh corporate governance terhadap konservatisma akuntansi bagi perusahaan yang termasuk dalam pemeringkatan yang dilakukan oleh The Indonesian Institute for Corporate Governance (IICG).Corporate governance dalam penelitian ini menggunakan proxy indeks corporate governance yang di publish oleh The Indonesian Institute for Corporate Governance (IICG) dengan dummy variabel. Sedangkan konservatisma akuntansi digunakan dua proxy yaitu discretionary accrual dan konservatisma yang di hitung dengan rumus laba bersih dikurangi depresiasi. Subyek penelitian sebanyak 40 perusahaan (pooled data) adalah perusahaan keuangan yang secara terus menerus bersedia mengikuti survey yang dilakukan CGPI (Corporate Governance Perception Index) dari tahun 2001- 2005. Metode statistik yang di gunakan untuk menguji hipotesis dalam penelitian ini adalah regresi linier sederhana dan independent T-test. Hasil pengujian hipotesis H1 menunjukan bahwa koefisien corporate governance (CG) pada model regresi adalah positif (43228,492) dan signifikan pada alpha (0,01). Hal ini membuktikan bahwa corporate governance (CG) berpengaruh signifikan terhadap konservatisma akuntansi dengan arah hubungan positif. Hipotesis 2 memperoleh hasil Corporate governance (CG) secara statistik berpengaruh signifikan discretionary acrual (DACC) dengan arah negatif, yang ditunjukkan oleh angka discretionary acrual (DACC) –1.226 dengan (t-value – 2.123 ) dan signifikan pada tingkat 5 %.

This study has a purpose to examine the effect of corporate government’s implementation on accounting conservatism. Index corporate governance that is published by the government with a survey on listing firms in BEJ is used as proxy corporate governance. This study used 40 sample (pooled data) of non-financial category firm that joined the survey continuously from 2001-2005. Hypothesis examination uses a simple linier regression model to know the effect of corporate governance on accounting conservatism. This study shows there is a positive effect and significant of corporate governance on accounting conservatism, when we change conservatism variable with discretionary acrrual we find a negative one of corporate governance variable on earnings management. The result of hypothesis H1 examination, it said that statistically, corporate governance variable gave an effect on firms’ accounting conservatism. This could be seen in regression examination from coefficient value of the positive corporate governance (43228, 492) and the significant is on alpha (0, 01). This result is supported by Lara et., al ‘ research (2005) that said a corporate governance application supports accounting conservatism at a firm with different level of corporate governance. This study shows there is a positive effect and significant of corporate governance on accounting conservatism, when we change conservatism variable with discretionary accrual, we find a negative one of corporate governance variable on earnings management.The variable result of corporate governance has significant effect on earnings management with a discretionary accrual proxy in alpha (0, 05) with a negative side. From this, it could be said that management does discretionary accrual with income decreasing way. It is indicated from a negative discretionary accrual value.

Kata Kunci : Corporate Governance,Konservatisme Akuntansi dan Earnings Management,corporate governance, accounting conservatism, discretionary accrual