PENGARUH MEKANISME TATA KELOLA TERHADAP PROBABILITAS KEBANGKRUTAN DAN MANAJEMEN LABA (Studi Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia)

Joko Nugroho (Maksi FEb UGM)

ABIS: Accounting and Business Information Systems Journal
Vol 2, No 3 (2014): August

This study aimed to find effect of corporate governance mechanism on probability of bankruptcy and earnings management in manufacturer companies registered in Indonesian Stock Exchange from 2012 to 2013. The populations of study were manufacture companies registered in Indonesian Stock Exchange, while samples were taken by method of purposive sampling. Total samples of this study were 106 companies. Based on the results of testing which had been conducted, it is concluded that institutional ownership had positive effect on earnings management, proportion of independent board of directors had positive effect on probability of bankruptcy, audit tenure had negatif effect on earnings management, and probability of bankruptcy did not effect on correlation between corporate governance and earnings management, but affected earnings management by individually.