MANIPULASI LABA RIIL: UPAYA UNTUK  MENGHINDARI KERUGIAN

Gustin Padwa Sari

doi:10.24127/akuisisi.v11i2.23

MANIPULASI LABA RIIL: UPAYA UNTUK MENGHINDARI KERUGIAN

Gustin Padwa Sari

Abstract

This study aims to determine the practice of real earnings manipulation to avoid losses. This study uses four proxy of earnings manipulation that abnormal operating cash flow , abnormal production costs ,abnormal discretionary expenses, and real manipulation combinations. This research used sample on manufacturing companies listed on the Indonesia Stock Exchange among 2010-2012 by using purposive sampling method. Sample used in this study were 104 firm-years observation. This research using multiple regression analysis. Grouping the sample companies Identified allegedly manipulating profit and not identified earnings manipulation using EPS distribution. EPS based distribution rupiah exchange rate against the US $. The test results show This study provides empirical evidence that many companies perform real earnings management to increase the company's operating cash flow and increase the cost of production to avoid losses.

Key words: Abnormal Operating Cash Flow , Abnormal Production Costs ,Abnormal Discretionary Expenses, Real Manipulation Combinations,Prospect Theory, Manufakturing Companies.

Full Text:

PDF

References

Cohen, Daniel, A., Dey, Aiyesha, and Thomas Z Lys. 2008. Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods. The Accounting Review Vol. 83. No. 3, pp. 757-787.

Degeorge, F., J. Patel, dan R. Zeckhauser. 1999. “Earnings Management to Exceed Thresholds.” Journal of Business, 72: 1-33.

Graham, J.R., Harvey, C.R., dan Rajgopal, S. 2005. The economics implication of corporate financial reporting. Journal of Accounting and Economics 40: 3-73.

Kahneman, D. dan A. Tversky. 1979. “Prospect Theory: An Analysis of Decision Under Risk.” Econometrica, March: 263- 291.

Kim,Yongtae. Myung Seok Park and Benson Wiar. 2012. Is Earnings Quality Associated with Corporate Social Responsibility? The Accounting Review. Vol. 87 No. 3. 2012. Pp. 761-796.

Lo, Eko Widodo. 2005. Penjelasan Teori Prospek Terhadap Manajemen Laba Jurnal Akuntansi dan Manajemen Volume XVI, Nomor 1. Yogyakarta:STIE YKPN Yogyakarta

Roychowdhury, S. 2006. Earnings Management through Real Activities Manipulation. Journal of Accounting and Economics 42: 335-370

Scott, WR.2003. Financial Accounting Theory. (third ed.) Toronto: Prentice Hall.

Sholihin, Mahfud dan Ainun Na’im. 2004. Ethical Judgment Manajer Terhadap Praktik Earnings Management. URNAL RISET AKUNTANSI INDONESIA Vol. 7, No. 2, Mei 2004Hal. 179-191

Subekti, Imam. 2010. The Real and Accruals Earnings Management: Satu Perspektif dari Teori Prospek. Makalah disampaikan pada Simposium Nasional Akuntansi XII, Purwekerto.

Trisnawati, Wiyadi dan Noer Sasongko. 2012. Pengukuran Manajemen Laba: Pendekatan Terintegrasi. SNA IV

Zang, Y. Amy. 2012. Evidence on the Trade-Off between Real Activities Manipulation and Accrual-Based Earnings Management. The Accounting Review. Vol. 87 No. 2. Pp. 675-703.

DOI: 10.24127/akuisisi.v11i2.23

DOI (PDF): https://doi.org/10.24127/akuisisi.v11i2.23.g21