Pengaruh Karakteristik Chief Executive Officer Terhadap Real Earnings Management Dengan Koneksi Politik Sebagai Moderasi

Authors

  • Ivone Ivone International Batam University
  • Vivin Vivin International Batam University
  • Ria Karina International Batam University

DOI:

https://doi.org/10.32662/gaj.v7i1.3249

Keywords:

CEO’s Characteristics, Earnings Management, Political Connections

Abstract

This study examined the relationship between CEO characteristics and real earnings management as a dependent variable and included political connections as a moderating variable for non-financial companies listed on the BEI (Indonesian Stock Exchange). The number of observation data sampled in this research was 1,546 data through a purposive sampling. The method applied in analyzing research data is using panel regression analysis and tested using Eviews10. Based on the results of this research, political connections have a significant positive effect on CEO tenure and real earnings management, however political connections cannot be proved to influence other variables in this study, including CEO ownership, CEO expertise, and CEO narcissism.

References

Al-dhamari, R., & Ku Ismail, K. N. I. (2015). Cash Holdings, Political Connections, and Earnings Quality: Some Evidence from Malaysia. International Journal of Managerial Finance, 11(2), 215–231. https://doi.org/10.1108/IJMF-02-2014-0016

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

Apriyani, A., Ika, S. R., & Sarnowo, H. (2019). Pengaruh Koneksi Politik dan Corporate Governance terhadap Manajemen Laba. ISEI Economic Review, 3(1), 8–15. https://doi.org/10.36217/ier.v3i1.76

Baatwah, S. R., Al-Qadasi, A. A., & Al-Ebel, A. M. (2020). Religiosity at The Top: Does It Interact with Accounting Expertise to Limit Real Earnings Management? Managerial Auditing Journal, 35(9), 1343–1377. https://doi.org/10.1108/MAJ-12-2019-2521

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

Capalbo, F., Frino, A., Lim, M. Y., Mollica, V., & Palumbo, R. (2018). The Impact of CEO Narcissism on Earnings Management. Abacus: A Journal of Accounting, Finance and Business Studies, 54(2), 210–226. https://doi.org/10.1111/abac.12116

Chandra, B. (2021). Pengaruh koneksi politik, kinerja perusahaan dan karateristik perusahaan terhadap manajemen laba di indonesia. Inovasi, 17(1), 35–45.

Chandren, S. (2016). Review on the Double Side of Earnings Management. Pertanika Journal of Social Sciences & Humanities, 24(4), 1253–1265.

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., & Jullystella. (2021). Analisis kasus PT Tiga Pilar Sejahtera Food Tbk dengan shenanigans keuangan. Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi), 5(2), 609–620. http://journal.stiemb.ac.id/index.php/mea/article/view/1173

Christian, P. G., & Sulistiawan, D. (2022). When Narcissus Became a CEO: CEO Narcissism and Its Effect on Earnings Management. Jurnal Dinamika Akuntansi Dan Bisnis, 9(2), 135–148. https://doi.org/10.24815/jdab.v9i2.24947

Dakhlallh, M. M., Rashid, N., Abdullah, W. A. W., Qawqzeh, H. K., & Dakhlallh, A. M. (2020). Accrual-Based Earnings Management, Real Earnings Management and Firm Performance: Evidence from Public Shareholders Listed Firms on Jordanian’s Stock Market. Journal of Advanced Research in Dynamical and Control Systems, 12(1), 16–27. https://doi.org/10.5373/JARDCS/V12I1/20201004

Falah, L. J., & Mita, A. F. (2020). Peran Narsisme CEO Terhadap Pengungkapan ESG di Negara ASEAN-5. Jurnal Riset Akuntansi Dan Keuangan, 8(2), 393–404. https://doi.org/10.17509/jrak.v8i2.26367

Febrina, P., Wahyudi, T., & Azwardi. (2019). Narcissism of executive officer: Profit quality of government corporation. Finance: Theory and Practice, 23(6), 131–142. https://doi.org/10.26794/2587-5671-2019-23-6-131-142

Firmansyah, A. (2017). Pengaruh Income Smoothing dan Real Earnings Management terhadap Keinformatifan Laba. Jurnal Online Insan Akuntan, 2(2), 175–188.

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

Hasanaj, P., & Kuqi, B. (2019). Analysis of Financial Statements. Humanities and Social Science Research, 2(2), p17. https://doi.org/10.30560/hssr.v2n2p17

Imelda, E., & Palauw, A. (2015). Analisis Manajemen Laba Melalui Akrual Diskresioner Dan Manipulasi Aktivitas Riil Pada Penawaran Publik Perdana Dan Efeknya Terhadap Kinerja Pasar Jangka Panjang. 1, 1–14.

Kumalasari, Y., & Butar Butar, S. (2021). Pengaruh Umur CEO, Struktur Dewan Komisaris, Frekuensi Rapat Komite Audit, Konsentrasi Kepemilikan, dan Tenur Audit terhadap Volatilitas Idiosinkratik. 34(7), 4–5.

Mulyawan, A. N. (2021). Earnings Management: Baik atau Buruk Bagi Pengguna Laporan Keuangan? In Binus University.

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

Noto, M. (2019). Analisis Perbedaan Pengaruh Accrual dan Real Earnings Management terhadap Earnings Response Coefficient. Journal of Accounting and Management Innovation, 3(1), 67–90. https://doi.org/10.19166/%25JAMI%256%252%252022%25

O’Callaghan, S., Ashton, J., & Hodgkinson, L. (2018). Earnings Management and Managerial Ownership in Private Firms. Journal of Applied Accounting Research, 19(4), 648–668. https://doi.org/10.1108/JAAR-11-2017-0124

Olsen, K. J., & Stekelberg, J. (2016). CEO Narcissism And Corporate Tax Sheltering. The Journal of the American Taxation Association, 38(1), 1–22.

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

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

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

Sanjaya, I. P. S. (2010). Efek entrenchment dan alignment pada manajemen laba. Simposium Nasional Akuntansi XIII Purwokerto, 1–26.

Sari, I. K., Fuadah, L. L., & Yusnaini. (2022). CEO Narcissism, Company Value and Earnings Management in Industrial Sector of Indonesia. Journal of Accounting, Finance, and Auditing Studies, 8(4), 334–357. https://doi.org/10.32602/jafas.2022.040

Scott, W. R. (2015). Financial Accounting Theory (2nd ed.). Prentice Hall Canada Inc.

Setiawati, L. W., & Lieany, L. (2016). Analisis Pengaruh Perjanjian Utang, Kepemilikan Institusional, Dan Ukuran Perusahaan Terhadap Manajemen Laba Riil Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Akuntansi, 9(2), 172–197. https://doi.org/10.25170/jara.v9i2.34

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

Susanto, Y. K. (2017). Accrual Earnings Management, Real Earnings Management, and Firm Value. International Journal of Business, Economics, Economics and Law, 14(1), 1–6. https://www.ijbel.com/wp-content/uploads/2018/01/ACC-2.pdf

Utami, N. D., & Handayani, S. (2019). Pengaruh Besaran Perusahaan, Leverage, Free Cash Flow, Profitabilitas Dan Kualitas Audit Terhadap Manajemen Laba Riil. 8, 1–15.

Wardani, D. K., & Isbela, P. D. (2017). Pengaruh Strategi Bisnis dan Karakteristik Perusahaan terhadap Manajemen Laba. Jurnal Riset Akuntansi Dan Keuangan, 13(2), 91–105.

Wulandari, L. (2018). Pengaruh Political Connection pada Dewan Komisaris dan Dewan Direksi Terhadap Kinerja Perusahaan Sektor Pertambangan. Jurnal Ilmiah Mahasiswa Universitas Surabaya, 7(1), 1196–1226.

Yook, K.-H., & Lee, S.-Y. (2020). Chief Executive Officer Narcissism and Firm Value: The Mediating Role of Corporate Social Responsibility in the South Korean Context. Corporate Social Responsibility and Environmental Management, 27(4), 1709–1718. https://doi.org/10.1002/csr.1918

Downloads

Published

2024-03-13

How to Cite

Ivone, I., Vivin, V., & Karina, R. (2024). Pengaruh Karakteristik Chief Executive Officer Terhadap Real Earnings Management Dengan Koneksi Politik Sebagai Moderasi. Gorontalo Accounting Journal, 7(1), 46–60. https://doi.org/10.32662/gaj.v7i1.3249

Issue

Volume 7 Nomor 1 April 2024

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)