The Effects of Earnings Management on Firm Value (Empirical Study on Manufacturing Companies Listed in Indonesian Stock Exchange during 2010-2012)

MADE WIDHIARI , Prof. Dr. Bambang Sudibyo, M.B.A.

2014 | Skripsi | AKUNTANSI

This research investigates the effects of earnings management, both accrual earnings management and real earnings management, on firm value. The study is taken on manufacturing companies listed in Indonesian Stock Exchange (IDX) during 2010-2012. Previous researches related to the subject have come to various results in which earnings management have positive or negative influence on firm value. The aims of this research is to analyze whether earnings management exacerbate or alleviate firm value in the case of manufacturing companies listed in Indonesian Stock Exchange (IDX) during 2010-2012. This research uses secondary data from financial reports published by listed manufacturing companies in Indonesian Stock Exchange (IDX) during 2010-2012 with sample of 63 companies and 189 observations. The statistical model used in this research is multiple regression model. The results of this study are: 1. Accrual earnings management was proven to significantly and positively affects firm value. 2. Real earnings management was proven to not significantly affects firm value

This research investigates the effects of earnings management, both accrual earnings management and real earnings management, on firm value. The study is taken on manufacturing companies listed in Indonesian Stock Exchange (IDX) during 2010-2012. Previous researches related to the subject have come to various results in which earnings management have positive or negative influence on firm value. The aims of this research is to analyze whether earnings management exacerbate or alleviate firm value in the case of manufacturing companies listed in Indonesian Stock Exchange (IDX) during 2010-2012. This research uses secondary data from financial reports published by listed manufacturing companies in Indonesian Stock Exchange (IDX) during 2010-2012 with sample of 63 companies and 189 observations. The statistical model used in this research is multiple regression model. The results of this study are: 1. Accrual earnings management was proven to significantly and positively affects firm value. 2. Real earnings management was proven to not significantly affects firm value

Kata Kunci : earnings management, accrual earnings management, real earnings management, firm value