PENGARUH GOOD CORPORATE GOVERNANCE, FREE CASH FLOW, LEVERAGE DAN SHAREHOLDER WEALTH TERHADAP MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR

Rafika Della Rahma; Masithah Akbar

PENGARUH GOOD CORPORATE GOVERNANCE, FREE CASH FLOW, LEVERAGE DAN SHAREHOLDER WEALTH TERHADAP MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR

Rafika Della Rahma, Masithah Akbar

Abstract

The purpose of this research; (1) to analyze Good Corporate Governance in this case institutional ownership, managerial ownership, the proportion of independent commissioners, audit committees, Free Cash Flow, Leverage, and Shareholder Wealth simultaneously influence earnings management in manufacturing companies listed on the Indonesia Stock Exchange in 2017 – 2019 (2) to analyze Good Corporate Governance in this case institutional ownership, managerial ownership, the proportion of independent commissioners, audit committees, Free Cash Flow, Leverage, and Shareholder Wealth partially influence earnings management in manufacturing companies listed on the Stock Exchange Indonesian Securities in 2017 – 2019. This research is a causal hypothesis research, namely research that explains the causal relationship between the independent variable and the dependent variable through hypothesis testing, with quantitative approach as the method design. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange. The research data used in the preparation of this thesis is secondary data. The data analysis method used is multiple linear regression analysis. The results show that simultaneously Good Corporate Governance in this case institutional ownership, managerial ownership, the proportion of independent commissioners, audit committees, Free Cash Flow, Leverage, and Shareholder Wealth affect earnings management while partially, the Audit Committee, Independent Board of Commissioners, Institutional Ownership, Managerial Ownership, Leverage, Shareholder Wealth have no effect on earnings management. Meanwhile, Free Cash Flow affects earnings management.

Keywords

Good Corporate Governance, Free Cash Flow, Leverage, Shareholde. Shareholder Wealth, and Earnings Management.

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