PENGARUH PROFITABILITAS, LEVERAGE, DAN ASIMETRI INFORMASI TERHADAP MANAJEMEN LABA (Studi Empiris Pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Periode 2009 - 2013)

Abstract

This study aims to examine the relation of profitability, leverage, and information asymmetry to earnings management in manufacturing companies listed at Indonesian Stock Exchange. Earnings management as the dependent variable is measured by discretionary accrual.

The research was conducted using secondary data on manufacturing companies listed at Indonesia Stock Exchange period 2009-2013. The sample used in this research is about 64 companies through purposive sampling method. The method of analysis used in this study is multiple regression analysis.

Statistics analysis be used are (1) Classic assumption testing, consist of normality test, multicollinearity test, and autocorelation test, (2) Hypothesis testing, consist of determination coefficient test ( R²), hypothesis test in simultaneous (F-test), and hypothesis test in partial (t-test).

Based on the result shows that profitability and leverage have a significance and negative relation on earnings management, it means that the higher level of  profitability and leverage of the company, the lower level of possibility of earnings management. However, information asimetry variable hasn’t been approved for having significant relation on earnings management.

Keyword: profitability, leverage, information asymmetry, earnings management.