Determinan Manajemen Laba dan Dampaknya pada Biaya Modal Ekuitas

Jacobus, Widiatmoko and MG. Kentris, Indarti and Taswan, Taswan Determinan Manajemen Laba dan Dampaknya pada Biaya Modal Ekuitas. Jurnal Bisnis dan Ekonomi Vol. 29 (1) 2022: 43-51.

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Abstract

The purpose of this study is to examine the effect of free cash flow and tax planning on earnings management and the effect of earnings management on cost of equity capital. This study uses leverage, profitability, and company size as control variables. The Populations in this study are manufacturing companies listed on the Indonesia Stock Exchange from 2017 to 2019. The sample selection was carried out using purposive sampling technique. By using multiple regression analysis, the results showed that free cash flow had a significant negative effect on earnings management. Meanwhile, tax planning had no effect on earnings management and earnings management had positive effect on the cost of equity capital. Leverage and profitability were able to control the effect of free cash flow and tax planning on earnings management, while firm size was unable to control the effect of free cash flow and tax planning on earnings management.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Faculty / Institution:	Fakultas Ekonomika dan Bisnis
Depositing User:	Fakultas Ekonomi
Date Deposited:	15 Sep 2022 03:01
Last Modified:	15 Sep 2022 03:01
URI:	https://eprints.unisbank.ac.id/id/eprint/8658

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