MANAJEMEN LABA, TATA KELOLA DAN NILAI PERUSAHAAN

  • SHEVIN WINARTA Universitas Surabaya
  • IRENE NATALIA Universitas Surabaya
  • DEDHY SULISTIAWAN Universitas Surabaya
Keywords: Earnings management, corporate governance, firm value, institusional ownership

Abstract

The purpose of this study is to empirically determine the effect of earnings management and corporate governance practices on firm value. Modified Jones-based discretionary accruals are used as a proxy for earnings management. Firm value is measured by Tobin's Q and corporate governance is evaluated by independent commissioners, managerial ownership, institutional ownership, and auditor reputation. The study uses companies listed in Indonesia Stock Exchange for the 2017-2019 period. The main findings indicate that earnings management has a positive effect on firm value and institutional ownership is able to weaken the effect of earnings management on firm value. This study contributes to market-based accounting research and corporate governance.

Published
2021-06-21
How to Cite
WINARTA, SHEVIN, IRENE NATALIA, and DEDHY SULISTIAWAN. 2021. “MANAJEMEN LABA, TATA KELOLA DAN NILAI PERUSAHAAN”. Jurnal Bisnis Dan Akuntansi 23 (1), 133-44. https://doi.org/10.34208/jba.v23i1.897.