Pengaruh Independensi Komite Audit Dalam Memoderasi Karakteristik Chief Executive Officer Terhadap Kualitas Pelaporan Keuangan

Authors

  • Kelly Kelly Batam Internasional University
  • Mardianto Mardianto

DOI:

https://doi.org/10.32662/gaj.v6i2.3124

Keywords:

Financial Reporting Quality, Real Earnings Management, Audit Committee Independence

Abstract

This study aims to examine how audit committee independence moderates’ CEO characteristics on financial reporting quality in companies listed on the Indonesia Stock Exchange (IDX) between 2018 and 2022. The research sample consisted of 1945 data collected through a purposive sampling method. Research was performed using panel regression and processed by Eviews10 software using a quantitative approach to statistical data. This study concluded that audit committee independence is able to moderate the relationship between CEO tenure and real earnings management with a negative coefficient on financial reporting quality, howecer was unable to moderate the relationship of CEO expertise and CEO ownership.

References

Abernathy, J. L., Beyer, B., Masli, A., & Stefaniak, C. (2015). Online Early — Preprint of Accepted Manuscript preprint accepted manuscript. How the Source of Audit Committee Accounting Expertise Influences Financial Reporting Timeliness, 90(4), 1395–1435.

Ahmad, A., Faisal, M., Riaz, S., & Rahman, Z. U. (2022). Influence Of Ceos Characteristics On The Earning Management Via Moderating Role Of Audit Committee Independence In Perspective Of Pakistan. 19(3), 3759–3776.

Al-Absy, M. S. M., Ku Ismail, K. N. I., & Chandren, S. (2019). Audit committee chairman characteristics and earnings management: The influence of family chairman. In Asia-Pacific Journal of Business Administration (Vol. 11, Issue 4). https://doi.org/10.1108/APJBA-10-2018-0188

Alifah, S., & Harto, P. (2021). The Effect of CEO Power on Firm Performance Moderated by Corporate Social Responsibility (CSR) Disclosure (Empirical Evidence in Manufacturing Companies Listed on Indonesia Stock Exchange (IDX) For Period 2018-2020). Diponegoro Journal of Accounting, 11(1), 1–15. http://ejournal-s1.undip.ac.id/index.php/accounting

Altarawneh, M., Shafie, R., Ishak, R., & Ghaleb, B. A. A. (2022). Chief executive officer characteristics and discretionary accruals in an emerging economy. Cogent Business and Management, 9(1). https://doi.org/10.1080/23311975.2021.2024117

Ameila, A., & Eriandani, R. (2021). Ceo Characteristics and Earnings Management: Evidence From Indonesia. Journal of Management and Business, 20(2), 141–154. https://doi.org/10.24123/jmb.v20i2.517

Ashafoke, T., Dabor, E., & Ilaboya, J. (2021). Do CEO Characteristics affect Financial Reporting Quality? An Empirical Analysis. Acta Universitatis Danubius, 17(1), 156–176.

Baatour, K., Othman, H. Ben, & Hussainey, K. (2017). The effect of multiple directorships on real and accrualbased earnings management: Evidence from Saudi listed firms. Accounting Research Journal, 30(4), 395–412. https://doi.org/10.1108/ARJ-06-2015-0081

Baatwah, S. R., Salleh, Z., & Ahmad, N. (2015). CEO Characteristics and Audit Report Timeliness: Do CEO Tenure and Financial Expertise Matter? Facilities, 33(11/12), 736–751. http://www.emeraldinsight.com/doi/pdfplus/10.1108/F-11-2014-0094

Bouaziz, D., Salhi, B., & Jarboui, A. (2020). CEO characteristics and earnings management: empirical evidence from France. Journal of Financial Reporting and Accounting, 18(1), 77–110. https://doi.org/10.1108/JFRA-01-2019-0008

Braam, G., Nandy, M., Weitzel, U., & Lodh, S. (2015). Accrual-based and real earnings management and political connections. International Journal of Accounting, 50(2), 111–141. https://doi.org/10.1016/j.intacc.2013.10.009

Cella, C., Ellul, A., & Gupta, N. (2015). Learning Through a Smokescreen: Earnings Management and CEO Compensation over Tenure. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2544262

Chou, Y.-Y., & Chan, M.-L. (2018). The Impact of CEO Characteristics on Real Earnings Management: Evidence from the US Banking Industry. Journal of Applied Finance & Banking, 8(2), 1792–6599.

Christian, N., Resnika, R., Yukie, H., Sitorus, R., Angelina, V., Sherly, S., & Febrika, F. (2022). Pendeteksian Fraudulent Financial Reporting Dengan Earnings Manipulation Financial Shenanigans: Studi Kasus Pt Envy Technologies Indonesia Tbk. Jurnal Ilmiah Akuntansi Dan Bisnis, 7(1), 14–50. https://doi.org/10.38043/jiab.v7i1.3543

Dakhlallh, M. M., Rashid, N., Wan Abdullah, W. A., & Al Shehab, H. J. (2020). Audit committee and Tobin’s Q as a measure of firm performance among Jordanian companies. Journal of Advanced Research in Dynamical and Control Systems, 12(1), 28–41. https://doi.org/10.5373/JARDCS/V12I1/20201005

Fadli, N. Y., & Junaidi, J. (2022). Potential Fraud Detection Analysis of Finansial Statements: Diamond Fraud Approach. Telaah Bisnis, 23(1), 72. https://doi.org/10.35917/tb.v23i1.274

Gounopoulos, D., & Pham, H. (2018). Financial Expert CEOs and Earnings Management Around Initial Public Offerings. International Journal of Accounting, 53(2), 102–117. https://doi.org/10.1016/j.intacc.2018.04.002

Hemdan, D. A. M., Hasnan, S., & Saif-Ur-Rehman, S. U. R. (2021). CEO Power Dynamics and Firms’ Reported Earnings Quality in Egypt: Moderating Role of Corporate Governance. Pakistan Journal of Commerce and Social Science, 15(1), 1–30.

Herawaty, V., & Solihah, D. (2019). The effect of Ceo Tenure, Managerial Skills and earning power on earnings manipulation with corporate governance as a moderating variable on manufacturing companies in Indonesia Stock Exchange. Academy of Accounting and Financial Studies Journal, 23(Special Issue 1), 1–16.

Indarto, S. L., & Ghozali, I. (2016). Fraud diamond: Detection analysis on the fraudulent financial reporting. Risk Governance and Control: Financial Markets and Institutions, 6(4Continued1), 116–123. https://doi.org/10.22495/rcgv6i4c1art1

Indriantoro, & Supomo. (2014). Metode Penelitian Pendekatan Kuantitatif Kualitatif.

Jakaria, Mundzir, A., Riorini, S. V, Indarti, S. L., Chanifah, S., & ... (2021). Peningkatan Ekonomi Masyarakat menuju Era Society 5.0 Ditengah Pandemi Covid-19. https://books.google.com/books?hl=en%5C&lr=%5C&id=lyQnEAAAQBAJ%5C&oi=fnd%5C&pg=PR1%5C&dq=%22covid+19%22+peningkatan+kualitas+produk+ekspor%5C&ots=Y8FXlQ5-_J%5C&sig=vfhoDrhYus6XNBhKEXUdgwmNNi8

Javeed, S. A., & Lefen, L. (2019). An analysis of corporate social responsibility and firm performance with moderating effects of CEO power and ownership structure: A case study of the manufacturing sector of Pakistan. Sustainability (Switzerland), 11(1). https://doi.org/10.3390/su11010248

Kouaib, A., Jarboui, A., & Mouakhar, K. (2017). Article information : PhD in Finance and Accounting Methods Full Professor in Finance Department of Finance University of Sfax Associate Professor in Strategy and Academic Director of the Bachelor. Journal of Applied Accounting Research.

Kusumawardhani, P. (2019). Pengaruh Manajemen Laba Terhadap Kualitas Laba Dalam Kaitan Prediksi Kebangkrutan Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Periode 2013-2017. Universitas Airlangga. https://repository.unair.ac.id/81131/

Le, H. T. M., Kweh, Q. L., Ting, I. W. K., & Nourani, M. (2022). CEO power and earnings management: Dual roles of foreign shareholders in Vietnamese listed companies. International Journal of Finance and Economics, 27(1), 1240–1256. https://doi.org/10.1002/ijfe.2211

Liu, Y., Wei, Z., & Xie, F. (2016). CFO gender and earnings management: Evidence from China. Review of Quantitative Finance and Accounting, 46(4), 881–905. https://doi.org/10.1007/s11156-014-0490-0

Masmoudi, S. M. (2021). The effect of audit committee characteristics on financial reporting quality: The moderating role of audit quality in the Netherlands. Corporate Ownership and Control, 18(3), 19–30. https://doi.org/10.22495/cocv18i3art2

Mustapha, U. A., Rashid, N., Rabiu, S., & Obasi, R. O. (2021). The Influence of CEO Characteristics on Financial Reporting Quality in Nigerian Non-Financial Listed Companies. Journal of Contemporary Issues in Business and Government, 27(02), 0–5. https://doi.org/10.47750/cibg.2021.27.02.015

Nendiarie, S., Musyarofah, S., & Tarjo, T. (2022). The Effect of Financial Audit Guidelines and Fraud Detection Awareness on Quality Audit Results During the COVID-19 Pandemic. Jurnal Tata Kelola Dan Akuntabilitas Keuangan Negara, 8(1), 65–80. https://doi.org/10.28986/jtaken.v8i1.842

Ngo, D. N. P., & Nguyen, C. Van. (2022). Does the CEO’s financial and accounting expertise affect the financial reporting quality? Evidence from an emerging economy. Journal of Financial Reporting and Accounting. https://doi.org/10.1108/jfra-09-2021-0301

Putra, A. (2021). the Effect of Ceo Characteristics on Pre-Earnings Management Profitability. Jurnal Akuntansi Dan Keuangan Indonesia, 18(2), 116–147. https://doi.org/10.21002/jaki.2021.07

Qawasmeh, S. Y., & Azzam, M. J. (2020). Ceo characteristics and earnings management. Accounting, 6(7), 1403–1410. https://doi.org/10.5267/j.ac.2020.8.009

Rashid, M. M. (2020). Presence of professional accountant in the top management team and financial reporting quality: Evidence from Bangladesh. Journal of Accounting and Organizational Change, 16(2), 237–257. https://doi.org/10.1108/JAOC-12-2018-0135

Rezaee, Z. (2005). Causes, consequences, and deterence of financial statement fraud. Critical Perspectives on Accounting, 16(3), 277–298. https://doi.org/10.1016/S1045-2354(03)00072-8

Roychowdhury, S. (2006). Earnings management through real activities manipulation. Journal of Accounting and Economics, 42(3), 335–370. https://doi.org/10.1016/j.jacceco.2006.01.002

Saidu, S. (2019). CEO characteristics and firm performance: focus on origin, education and ownership. Journal of Global Entrepreneurship Research, 9(1). https://doi.org/10.1186/s40497-019-0153-7

Sani, A. A., Abdul Latif, R., & Al-Dhamari, R. A. (2020). CEO discretion, political connection and real earnings management in Nigeria. Management Research Review, 43(8), 909–929. https://doi.org/10.1108/MRR-12-2018-0460

Sasongko, N., & Fauziah, E. (2011). Identification of Earnings Management on the Company Listed on the Index Lq 45 in Indonesia Stock Exchange. PROCEEDINGS, Malaysia-Indonesia International Conference in Economics, Management and Accounting( MIICEMA), October 13th-14th ,Bengkulu, Indonesia, 1297–1306. https://publikasiilmiah.ums.ac.id/xmlui/handle/11617/8112

Savitri, E., Riau, U., Andreas, A., & Riau, U. (2019). Influencing Factors : The Timeliness of Financial Reporting Submissions Influencing Factors : The Timeliness of Financial Reporting Submissions. March. https://doi.org/10.11114/bms.v5i1.4144

Setiyani, M. S. (2020). Pengaruh Likuiditas, Ukuran Perusahaan, dan Kualitas Audit Terhadap Kualitas Laporan Keuangan. 1–9.

Setyawan, M. B., & Anggraita, V. (2018). The Effects of CEO Tenure on Earnings Management: The Role of CEO Career Origin and Affiliated Relationships. 55(Iac 2017), 104–111. https://doi.org/10.2991/iac-17.2018.19

Sumardi, & Wati, E. (2022). Pengaruh Karakteristik Ceo Dan Hubungan Politik Terhadap Manajemen Laba Riil. Jurnal Ilmiah Akuntansi Dan Keuangan, 4(3), 1288–1303.

Susanto Salim, M. J. J. (2022). Dampak Pandemi COVID-19 terhadap Kinerja Perusahaan di Moderasi Pendapatan. Jurnal Ekonomi, 26(11), 208–226. https://doi.org/10.24912/je.v26i11.774

Tanujaya, K., & Verent. (2020). Pengaruh Kualitas Audit Dan Tata Kelola Perusahaan Terdaftar Di Bursa Efek Indonesia. Global Financial Accounting Journal, 4(2), 100–113.

Downloads

Published

2023-10-01

How to Cite

Kelly, K., & Mardianto, M. (2023). Pengaruh Independensi Komite Audit Dalam Memoderasi Karakteristik Chief Executive Officer Terhadap Kualitas Pelaporan Keuangan. Gorontalo Accounting Journal, 6(2), 166–181. https://doi.org/10.32662/gaj.v6i2.3124

Issue

Volume 6 Nomor 2 October 2023

Section

Articles

License

In order to be accepted and published by Gorontalo Accounting Journal, author(s) submitting the article manuscript should complete all the review stages. By submitting the manuscript, the author(s) agreed to these following terms:

1. The copyright of the accpted for publication articles shall be assigned to Gorontalo Accounting Journal as the publisher of the journal. The intended copyright includes the rights to publish articles in various forms (including reprints) as evidenced by a Statement From the author.

2. Gorontalo Accounting Journal maintain the publishing rights of the published articles. 

Authors are permitted to republish or disseminate published articles by sharing the link/DOI of the article at the Gorontalo Accounting Journal. Authors are allowed to use their articles for any legal purposes deemed necessary without written permission from the Gorontalo Accounting Journal with an acknowledgement of initial publication to this journal.

Users/public (https://jurnal.unigo.ac.id/index.php/gaj/index) use of this website will be licensed to the Creative Commons Attribution 4.0 International License (CC-BY)