PENGARUH UKURAN DAN LEVERAGE TERHADAP MANAJEMEN LABA DENGAN CSR SEBAGAI VARIABEL INTERVENING

Venina Cindy Kusumawati, Robiyanto Robiyanto

Abstract


Penelitian ini bertujuan untuk mengetahui pengaruh ukuran dan leverage terhadap manajemen laba dengan CSR sebagai variabel intervening. Manajemen laba sebagai variabel dependen diukur dengan discretionary accruals. Ukuran, leverage dan CSR (Corporate Social Responsibility) sebagai variabel independen. Ukuran diukur dengan kapitalisasi pasar, leverage diukur dengan debt to equity ratio. Sedangkan Corporate Social Responsibility diukur menggunakan indeks dari penelitian Tong (2017) yang mengacu pada Global Reporting Initiative (GRI) G4. Data pada penelitian ini diperoleh dari laporan tahunan perusahaan pertambangan yang terdaftar di Bursa Efek Indonesia periode 2015-2019. Analisis yang digunakan adalah regresi variabel intervensi yang diolah menggunakan Smart PLS. Hasil dari penelitian ini adalah ukuran dan CSR berpengaruh positif terhadap manajemen laba sedangkan leverage tidak berpengaruh. Ukuran dan leverage berpengaruh positif terhadap Corporate Social Responsibility. Ukuran perusahaan berpengaruh negatif pada manajemen laba melalui pengungkapan Corporate Social Responsibility, dan leverage berpengaruh positif terhadap manajemen laba melalui pengungkapan Corporate Social Responsibility.


Full Text:

PDF

References


Agustia, Y. P. and Suryani, E. (2018) ‘Pengaruh Ukuran Perusahaan, Umur Perusahaan, Leverage, dan Profitabilitas Terhadap Manajemen Laba (Studi Pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2014-2016)’, Jurnal ASET (Akuntansi Riset), 10(1), pp. 63–74. doi: https://doi.org/10.17509/jaset.v10i1.12571.

Aini, A. K. (2015) ‘Pengaruh Karakteristik Perusahaan Terhadap Pengungkapan Tanggung Jawab Sosial Perusahaan (CSR) Pada Perusahaan yang Terdaftar di Indeks LQ45 Bursa Efek Indonesia (BEI)’, Jurnal Ekonomi & Manajemen, 12(1), pp. 1–11. doi: http://dx.doi.org/10.29264/jkin.v12i1.16.

Alfiyah, S. N. (2018) ‘Effect of Profitability and Leverage on Disclosure of Corporate Social Responsibility in Islamic Commercial Banks’, Journal of Finance and Islamic Banking, 1(2), pp. 133–149. doi: 10.22515/jfib.v1i2.1494.

Ali, U. et al. (2015) ‘Impact of Firm Size on Earnings Management: A Study of Textile Sector of Pakistan’, SSRN Electronic Journal, 7(28), pp. 47–56. doi: http://dx.doi.org/10.2139/ssrn.2698317.

Almalita, Y. (2017) ‘Pengaruh Corporate Governance dan Faktor Lainnya Terhadap Manajemen Laba’, Jurnal Bisnis dan Akuntansi, 19(2), pp. 183–194. doi: https://doi.org/10.34208/jba.v19i2.271.

Anagnostopoulou, S. ain. C. and Tsekrekos, A. E. (2016) ‘The Effect of Financial Leverage on Real and Accrual-Based Earnings Management’, Accounting and Business Research, 47(2), pp. 191–236. doi: https://doi.org/10.1080/00014788.2016.1204217.

Anggraeni, M. D. and Wardhani, R. (2017) ‘The Effect of Leverage and IFRS Convergence on Earnings Management Through Real Activities Manipulation in Asia’, Asian Journal of Business and Accounting, 10(1), pp. 87–125. Available at: https://ajba.um.edu.my/article/view/3476.

Arifin, L. and Destriana, N. (2016) ‘Pengaruh Firm Size, Corporate Governance, dan Karakteristik Perusahaan Terhadap Manajemen Laba’, Jurnal Bisnis dan Akuntansi, 18(1), pp. 84–93. doi: https://doi.org/10.34208/jba.v18i1.41.

Astari, A. A. M. R. and Suryanawa, I. K. (2017) ‘Faktor-Faktor yang Mempengaruhi Manajemen Laba’, E-Jurnal Akuntansi Universitas Udayana, 20(1), pp. 290–319. Available at: https://ojs.unud.ac.id/index.php/Akuntansi/article/view/29819.

Bae, K.-H. et al. (2018) ‘Does Corporate Social Responsibility Reduce The Costs of High Leverage? Evidence From Capital Structure and Product Markets Interactions’, Journal of Banking and Finance. doi: https://doi.org/10.1016/j.jbankfin.2018.11.007.

Buertey, S. et al. (2019) ‘Corporate Social Responsibility and Earnings Management: The Moderating Effect of Corporate Governance Mechanisms’, Corporate Social Responsibility and Environmental Management. doi: 10.1002/csr.1803.

Dang, N. H., Hoang, T. V. H. and Tran, M. D. (2017) ‘Factors Affecting Earnings Management: The Case of Listed Firms in Vietnam’, International Jorunal of Economic Research, 14(20), pp. 117–134. Available at: https://www.researchgate.net/profile/Dang_Hung9/publication/322759769_Factors_Affecting_Earnings_Management_The_Case_of_Listed_Firms_in_Vietnam/links/5a6f03a4458515d40758a2a6/Factors-Affecting-Earnings-Management-The-Case-of-Listed-Firms-in-Vietnam.pdf.

de Groot, T. and van de Ven, A. (2019) ‘The Classroom as a Community of Interpretation: Discussing Earnings Management Practices as More than Solely Purposeful Interventions’, Qualitative Research in Accounting & Management, 16(4), pp. 491–516. doi: https://doi.org/10.1108/QRAM-10-2017-0095.

Gunawan, K., Darmawan, A. S. and Purnamawati, I. G. A. (2015) ‘Leverage Terhadap Manajemen Laba Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (BEI)’, e-Journal S1 Ak Universitas Pendidikan Ganesha Jurusan Akuntansi Program S1, 03(01), pp. 1–8. doi: http://dx.doi.org/10.23887/jimat.v3i1.5272.

Hasty, A. D. and Herawaty, V. (2017) ‘Pengaruh Struktur Kepemilikan, Leverage, Profitabilitas dan Kebijakan Dividen Terhadap Manajemen Laba dengan Kualitas Audit Sebagai Variabel Pemoderasi’, Jurnal Media Riset Akuntansi, Auditing & Informasi, 17(1), pp. 1–16. doi: http://dx.doi.org/10.25105/mraai.v17i1.2023.

Hou, T. C.-T. (2018) ‘The Relationship Between Corporate Social Responsibility and Sustainable Financial Performance: Firm Level Evidence From Taiwan’, Corporate Social Responsibility and Environmental Management, 26(1), pp. 1–10. doi: https://doi.org/10.1002/csr.1647.

Hur, W. M. and Kim, Y. (2017) ‘How Does Culture Improve Consumer Engagement in CSR Initiatives? The Mediating Role of Motivational Attributions’, Corporate Social Responsibility and Environmental Management, 6(620–633). doi: https://doi.org/10.1002/csr.1432.

Jordaan, L. A., De Klerk, M. and De Villiers, C. J. (2018) ‘Corporate Social Responsibility and Earnings Management of South African Companies’, South African Journal of Economics and Management, 21(1), pp. 1–3. doi: http://dx.doi.org/10.4102/sajems.v21i1.1849.

Kurniatama, G. A. (2019) Pengaruh Tanggung Jawab Sosial Perusahaan Terhadap Nilai Perusahaan dengan Profitabilitas Perusahaan Sebagai Variabel Intervening. Universitas Kristen Satya Wacana.

Lopez-Perez, M. E., Melero, I. and Javier Sese, F. (2017) ‘Management for Sustainable Development and Its Impact on Firm Value in the SME Context: Does Size Matter?’, Business Strategy and the Environment, 26(7), pp. 985–999. doi: https://doi.org/10.1002/bse.1961.

Octavia, E. (2017) ‘Implikasi Corporate Governance dan Ukuran Perusahaan Pada Manajemen Laba’, Jurnal Akuntansi Multiparadigma, 8(1), pp. 126–137. doi: http://dx.doi.org/10.18202/jamal.2017.04.7044.

Pradnyani, I. G. A. A. and Sisdyani, E. A. (2015) ‘Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, Dan Ukuran Dewan Komisaris Pada Pengungkapan Tanggung Jawab Sosial Perusahaan’, E-Jurnal Akuntansi, 11(2), pp. 384–397. Available at: https://ojs.unud.ac.id/index.php/Akuntansi/article/view/10703.

Prasetya, P. J. and Gayatri (2016) ‘Pengaruh Ukuran Perusahaan Terhadap Manajemen Laba dengan Pengungkapan Corporate Social Responsibility sebagai Variabel Intervening’, E-Jurnal Akuntansi Universitas Udayana, 14.1 Janua, pp. 511–538. Available at: https://ojs.unud.ac.id/index.php/Akuntansi/article/view/17482.

Purba, I. B. G. I. W. and Yadnya, P. (2015) ‘Pengaruh Ukuran Perusahaan dan Leverage Terhadap Profitabilitas dan Pengungkapan Corporate Social Responsibility’, E-Jurnal Manajemen Unud, 4(8), pp. 2428–2443. Available at: https://ojs.unud.ac.id/index.php/Manajemen/article/view/12888.

Rahman, F. and Norman, R. T. (2016) ‘The Effect of Firm Scale and CSR Geographical Scope of Impact on Consumers’ Response’, Journal of Retailing and Consumer Services, 28, pp. 189–198. doi: https://doi.org/10.1016/j. jretconser.2015.10.006.

Rai, S. and Bansal, S. (2015) ‘Factors Explaining Corporate Social Responsibility Expenditure in India’, Review of Market Integration, 7(1), pp. 37–61. doi: w/https://doi.org/10.1177/0974929215611578.

Saputra, S. E. (2016) ‘Pengaruh Leverage, Profitabilitas dan Size Terhadap Pengungkapan Corporate Social Responsibility pada Perusahaan di Bursa Efek Indonesia’, Journal of Economic and Economic Education, 5(1), pp. 75–89. doi: https://doi.org/10.22202/economica.2016.v5.i1.817.

Tong, X. F. (2017) ‘A Comparative Review On Company Specific Determinants For Sustainability Reporting in United Kingdom (UK) and Malaysia’, SHS Web of Conferences, 36(12), pp. 1–21. doi: https://doi.org/10.1051/shsconf/20173600012.

Türegün, N. (2016) ‘Effects of Borrowing Costs, Firm Size, and Characteristics of Board of Directors on Earnings Management Types: a Study at Borsa Istanbul’, Asia-Pacific Journal of Accounting & Economics, 25(1–2), pp. 42–56. doi: https://doi.org/10.1080/16081625.2016.1246192.

Utari, N. P. L. A. and Sari, M. M. R. (2016) ‘Pengaruh Asimetri Informasi, Leverage, Kepemilikan Manajerial dan Kepemilikan Institusional Pada Manajemen Laba’, E-Jurnal Akuntansi Universitas Udayana, 15(3), pp. 1886–1914. doi: https://ojs.unud.ac.id/index.php/Akuntansi/article/view/16390.




DOI: https://doi.org/10.26877/ep.v6i1.7234

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 EQUILIBRIA PENDIDIKAN : Jurnal Ilmiah Pendidikan Ekonomi

 

 

INDEXED BY   :

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.