REAL EARNINGS MANAGEMENT AS MODERATING FACTOR ON THE INFLUENCE OF GOOD CORPORATE GOVERNANCE AND FINANCIAL DISTRESS TOWARDS QUALITY OF FINANCIAL STATEMENTS

Abstract

Abstrak: Manajemen Laba Riil sebagai Pemoderasi pada Pengaruh Good Corporate Governance & Financial Distress terhadap Kualitas Laporan Keuangan. Penelitian ini bertujuan untuk mengetahui: pengaruh positif Good Corporate Governance, pengaruh positif Financial Distress terhadap Kualitas Laporan Keuangan dengan Manajemen Laba Riil sebagai pemoderasi. Penelitian ini menggunakan pendekatan kuantitatif dengan populasi dari perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2015-2019 dengan menggunakan purposive sampling sebagai metode pengambilan sampel dengan hasil sebanyak 8 (delapan) sampel perusahaan. Teknik analisis data yang digunakan adalah uji regresi logistik dan Moderated Regression Analysis. Hasil penelitian menunjukkan bahwa: Good Corporate Governance tidak berpengaruh terhadap Kualitas Laporan Keuangan, Financial Distress tidak berpengaruh terhadap Kualitas Laporan Keuangan, Manajemen Laba Riil tidak dapat memoderasi hubungan pengaruh positif Good Corporate Governance terhadap Kualitas Laporan Keuangan, dan Manajemen Laba Riil tidak dapat memoderasi hubungan pengaruh positif Financial Distress terhadap Kualitas Laporan Keuangan.

Kata kunci: Good Corporate Governance, Financial Distress, Kualitas Laporan Keuangan, Real Earnings Management

Abstract: Real Earnings Management as a Moderating Factor on the Influence of Good Corporate Governance & Financial Distress on The Quality of Financial Statements. The aim of this study is to determine: the positive effect of Good Corporate Governance, the positive effect of Financial Distress on the Quality of Financial Statements with Real Earnings Management as a moderating factor. This study uses a quantitative approach with the study's population consisting of manufacturing companies listed on the Indonesia Stock Exchange from 2015 to 2019 period. Purposive sampling was used as a sampling method, with the results of 8 (eight) samples of companies. The logistic regression test and Moderated Regression Analysis were used to analyze the data. The results of this study indicate that: Good Corporate Governance has no effect on the Quality of Financial Statements, Financial Distress has no effect on the Quality of Financial Statements, Real Earnings Management cannot moderate the relationship between the positive influence of Good Corporate Governance on the Quality of Financial Statements, and Real Earnings Management cannot moderate the relationship between the positive influence of Financial Distress on the Quality of Statements.

Keywords: Good Corporate Governance, Financial Distress, The Quality of Financial Statements, Real Earnings Management