Pengaruh Good Corporate Governance dan Leverage terhadap Manajemen Laba dengan Ukuran Perusahaan sebagai Variabel Moderasi pada Perusahaan Properti yang Terdaftar di Bursa Efek Indonesia

Abstract

This study aims to obtain empirical evidence on the influence of good corporate governance mechanisms, proxied by managerial ownership, institutional ownership,and the composition of the independent board of commissioners, as well as the influence of leverage on earnings management, with firm size as a moderating variable. The research utilizes a sample of 20 (twenty) property companies listed on the Indonesia Stock Exchange (IDX) during the 2018-2023 period, selected using purposive sampling. The research data were collected from annual reports for the 2018-2023 period. The data analysis methods used are panel data regression analysis and moderated regression analysis. The findings indicate that managerial ownership and leverage partially have a negative effect on earnings management. Meanwhile, institutional ownership and the composition of the independent board of commissioners partially have a positive effect on earnings management. Furthermore, the results reveal that firm size cannot moderate the influence of managerial ownership, the composition of the independent board of commissioners, and leverage on earnings management. However, firm size can moderate the influence of institutional ownership on earnings management.