Pengaruh Manajemen Laba terhadap Kinerja Keuangan di Moderasi Tanggung Jawab Sosial Perusahaan
Studi Kasus pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Periode 2017-2021
Abstract
The purpose of this study was to determine the effect of earning management on financial performance and the effect of corporate social responsibility (CSR) as the moderating effect. Population in this study comes from secondary data of non-financial company listed on the Indonesia Stock Exchange (IDX) from 2017 to 2021. Final samples of this study were 1371 companies sorted based on purposive sampling technique. The result of this study indicated that earning management have significant effect on financial performance and corporate social responsibility and significantly moderates the effect of earnings management on financial performance measured by ROA and Tobin's Q, but does not moderate the effect of earnings management on financial performance as measured by ROE.
Keywords: Financial performance, Return on Equity, Return on Asset, Earnings Management, Corporate Social Responsibility
References
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Bravo, F., dan M. D. Alcaide-Ruiz. 2019. The disclosure of financial forward-looking information: Does the financial expertise of female directors make a difference? Gender in Management 34 (2): 140–156.
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Tandry, A. Y., L. Setiawati, dan E. Setiawan. 2014. The effect of CSR disclosure to firm value with earning management as moderating variable: Case study of non-financing firms listed at Indonesia Stock Exchange. International Journal of Trade and Global Markets 7 (3): 190–204.
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Xie, B., W. N. Davidson, dan P. J. Dadalt. 2003. Earnings management and corporate governance: The role of the board and the audit committee. Journal of Corporate Finance 9 (3): 295–316.
Zalata, A. M., V. Tauringana, dan I. Tingbani. 2018. Audit committee financial expertise, gender, and earnings management: Does gender of the financial expert matter? International Review of Financial Analysis 55: 170–183.
Zimon, G., A. Appolloni, E. Daneshpou, D. Manajemen, F. Ekonomi, U. Roma, dan T. Vergata. 2021. risiko Manajemen Laba , Transaksi Pihak Terkait dan Kinerja Perusahaan : Peran Moderasi Pengendalian Internal: 1–26.
Bozzolan, S., M. Fabrizi, C. A. Mallin, dan G. Michelon. 2015. Corporate Social Responsibility and Earnings Quality: International Evidence. International Journal of Accounting 50 (4): 361–396.
Bravo, F., dan M. D. Alcaide-Ruiz. 2019. The disclosure of financial forward-looking information: Does the financial expertise of female directors make a difference? Gender in Management 34 (2): 140–156.
Chakroun, S., A. Ben Amar, dan A. Ben Amar. 2021. Earnings management, financial performance and the moderating effect of corporate social responsibility: evidencefrom France. Management Research Review.
Ching, C. P., B. H. Teh, O. tze San, dan H. Y. Hoe. 2015. The Relationship among Audit Quality , Earnings Management , and Financial Performance of. Int. Journal of Economics and Management 9 (1): 211 - 229 (2015) IJEM 9 (1): 211–229.
Chung, K. H., dan S. W. Pruitt. 1994. A simple Approximation of Tobin’s q. Financial management.
Cornett, M. M., A. J. Marcus, dan H. Tehranian. 2008. Corporate governance and pay-for-performance: The impact of earnings management. Journal of Financial Economics 87 (2): 357–373.
Dechow, P. M., R. G. Sloan, dan A. P. Sweeney. 1995. Detecting Earnings Management. The Accounting Review 70 (2): 193–225.
Devie, D., L. P. Liman, J. Tarigan, dan F. Jie. 2020. Corporate social responsibility, financial performance and risk in Indonesian natural resources industry. Social Responsibility Journal 16 (1): 73–90.
Farhadi, M., dan M. Fooladi. 2017. The moderating effect of corporate governance on the relationship between related party transactions and firm value. Afro-Asian J. of Finance and Accounting 7 (3): 201.
Firdiansjahc, A., G. Apriyanto, dan L. Widyaratna. 2020. Analisis of ceo dualify influence and corporate social responsibility (Csr) toward financial performance through earning management on food & beverage company listed in Indonesian stock exchange period 2013 - 2017. International Journal of Scientific and Technology Research 9 (1): 1206–1216.
Gao, L., dan J. H. Zhang. 2015. Firms’ earnings smoothing, corporate social responsibility, and valuation. Journal of Corporate Finance 32 (April 2015): 108–127.
Gavana, G., P. Gottardo, dan A. M. Moisello. 2017. Earnings management and CSR disclosure. Family vs. non-family firms. Sustainability (Switzerland) 9 (12): 1–21.
Gonçalves, T., C. Gaio, dan A. Ferro. 2021. Corporate social responsibility and earnings management: Moderating impact of economic cycles and financial performance. Sustainability (Switzerland) 13 (17).
Ittonen, K., J. Miettinen, dan S. Vähämaa. 2010. Does Female Representation in Audit Committees Affect Audit Fees ? Quarterly Journal of Finance and Accounting 49 (3–4): 113–139.
Jensen, M. C., dan W. H. Meckling. 1979. Rights and production functions: An application to labor-managed firms and codetermination. Journal of business: 469–506.
Khuong, N. V., N. T. T. Ha, dan P. A. Thu. 2019. The relationship between real earnings management and firm performance: the case of energy firms in Vietnam. International Journal of Energy Economics and Policy 9 (2): 307–314.
Kyaw, K., M. Olugbode, dan B. Petracci. 2017. The Role of the Institutional Framework in the Relationship between Earnings Management and Corporate Social Performance. Corporate Social Responsibility and Environmental Management 24 (6): 543–554.
Lai, L., dan H. Tam. 2017. Corporate governance, ownership structure and managing earnings to meet critical thresholds among Chinese listed firms. Review of Quantitative Finance and Accounting 48 (3): 789–818.
Müller, V.-O. 2014. Do Corporate Board Compensation Characteristics Influence the Financial Performance of Listed Companies? Procedia - Social and Behavioral Sciences 109: 983–988.
Oh, S., A. Hong, dan J. Hwang. 2017. An analysis of CSR on firm financial performance in stakeholder perspectives. Sustainability 9 (6): 1023.
Rafique, Q., dan Y. A. Al Mamun. 2016. The relationship between board leadership structure and earnings management in Asia-Pacific. Accounting Research Journal 29 (4): 1–25.
Sari, N. 2014. Analisis Pengungkapan Corporate Social Responsibility berdasarkan Global Reporting Initiatives (GRI): Studi Kasus Perusahaan Tambang Batubara Bukit Asam (Persero) Tbk dan Timah. Binus Business Review 5 (2): 527–536.
Seifert, B., S. A. Morris, dan B. R. Bartkus. 2004. Having, Giving, and Getting: Slack Resources, Corporate Philanthropy, and Firm Financial Performance. Business & Society 43 (2): 135–161.
Sial, M. S., Z. Chunmei, T. Khan, dan V. K. Nguyen. 2018. Corporate social responsibility, firm performance and the moderating effect of earnings management in Chinese firms. Asia-Pacific Journal of Business Administration 10 (2–3): 184–199.
Tandry, A. Y., L. Setiawati, dan E. Setiawan. 2014. The effect of CSR disclosure to firm value with earning management as moderating variable: Case study of non-financing firms listed at Indonesia Stock Exchange. International Journal of Trade and Global Markets 7 (3): 190–204.
Widagdo, A. K., S. Murni, S. Nurlaela, dan Rahmawati. 2021. Corporate social responsibility, earnings management, and firm performance: Are the companies really ethical? IOP Conference Series: Earth and Environmental Science 824 (1).
Xie, B., W. N. Davidson, dan P. J. Dadalt. 2003. Earnings management and corporate governance: The role of the board and the audit committee. Journal of Corporate Finance 9 (3): 295–316.
Zalata, A. M., V. Tauringana, dan I. Tingbani. 2018. Audit committee financial expertise, gender, and earnings management: Does gender of the financial expert matter? International Review of Financial Analysis 55: 170–183.
Zimon, G., A. Appolloni, E. Daneshpou, D. Manajemen, F. Ekonomi, U. Roma, dan T. Vergata. 2021. risiko Manajemen Laba , Transaksi Pihak Terkait dan Kinerja Perusahaan : Peran Moderasi Pengendalian Internal: 1–26.
Published
2023-04-27
How to Cite
KARINA, Ria; ROSMERY, Diana.
Pengaruh Manajemen Laba terhadap Kinerja Keuangan di Moderasi Tanggung Jawab Sosial Perusahaan.
Jurnal Ekonomi Akuntansi dan Manajemen, [S.l.], v. 22, n. 1, p. 35-54, apr. 2023.
ISSN 2459-9816.
Available at: <https://jurnal.unej.ac.id/index.php/JEAM/article/view/36419>. Date accessed: 10 may 2024.
doi: https://doi.org/10.19184/jeam.v22i1.36419.
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