Pengaruh Struktur Kepemilikan Manajerial, Financial Distress dan Growth Opportunities terhadap Penerapan Prinsip Konservatisme Akuntansi dengan Risiko Litigasi sebagai Variabel Moderating pada Perusahaan Manufaktur yang Tedaftar di Bursa Efek Indonesia

Abstract

This research aims to examine and analyze the effect of managerial ownership structure, financial distress, and growth opportunities on accounting conserva_tism with litigation risk as a moderating variable. The population in this research is 171 manufacturing companies listed on the Indonesia Stock Exchange from 2010 to 2019, with a purposive sampling technique, 36 samples are obtained. The data analysis method uses multiple linear regression analysis and interaction tests with the support of the Eviews application program. The results show that growth opportunities partially have a positive effect on the application of the principle of accounting conservatism, while managerial ownership structure and financial distress partially do not affect the application of the principle of accounting conservatism. Simultaneously, managerial ownership structure, financial distress, and growth opportunities affect the application of the principle of accounting conservatism. Litigation risk as a moderating variable is not able to moderate the effect of managerial ownership structure, financial distress, and growth opportunities on the application of the principle of accounting conservatism in manufacturing companies listed on the Jn4onesia Stock Exchange for the period of 2010-2019.