FAKTOR-FAKTOR YANG MEMENGARUHI MANAJEMEN LABA PADA PERUSAHAAN NON KEUANGAN DI INDONESIA
The purpose of this study is to investigate the impact of managerial ownership, institutional ownership, board size, return on asset, firm size, leverage, operating cash flow, free cash flow, and firm age as independent variables to earnings management as dependent variable on non financial companies in Indonesia. This study use discretionary accruals calculated with Modified Jones Model as proxy of earnings management. Samples are obtained through purposive sampling method, in which 65 non financial companies listed in Indonesia Stock Exchange for the period 2014 to 2017 meet the criterias needed and resulting 195 data for this study. Multiple linear regression and hypothesis testing are used to analyze the data in this study. The study finding can be summarized as follows. First, managerial ownership, board size, and leverage statistically do not have effect on earnings management. Second, institutional ownership, return on asset, firm size, operating cash flow, free cash flow, and firm age statistically have effect on earnings management.