THE IMPACT OF GOOD CORPORATE GOVERNANCE ON EARNINGSudMANAGEMENT THROUGH REAL ACTIVITIES MANIPULATIONud(Empirical study of Merchandising Companies Listed on Indonesia Stock Exchange)

摘要

This study examines the effect of good corporate governance on earningsudmanagement through real activities manipulation. Good corporate governance is measured byudthe board commissioner size, number of board commissioners meeting, the independentudboard commissioner composition, audit committee size, number of audit committee meetings,udaudit committee competency, and audit quality. Earnings management through real activitiesudmanipulation is measured using abnormal cash flow from operations and abnormaluddiscretionary expenses.udThis research was conducted by using financial statements of merchandising companyudthat listed in the Indonesian Stock Exchange in 2009-2013 as many as 83 samples. Theudmethod of analysis used in this study is multiple regression.udBased on the results of the study showed that the variables of good corporateudgovernance has no effect on earnings management through real activities manipulation. Thisudis due to the less effective application of board commissioner and audit committee, lessudcompetency and only to comply with existing regulations