Analisis Manajemen Laba Sebagai Variabel Mediasi Dalam Penerapan Good Corporate Governance Dan Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan
Abstract
The research was aimed at determining direct and indirect influence of Good Corporate Governance (GCG), Corporate Social Responsibility (CSR), and Profit Management as mediators towards Company Financial Performance. The data used in the research were in terms of secondary data taken from the state-owned enterprises (BUMN) registered in the Indonesia Stock Exchange in 2018 period. The data were analyzed using Partial Least Square (PLS) with the help of software SmartPLS 3. The results of the research show that GCG has no influence on Profit Management; CSR has a influence on Profit Management; and, Profit Management has a influence on Company Financial Performance. The results also show that Profit Management does not mediate the influence of GCG toward Company Financial Performance, but Profit Management fully mediates the influence of CSR toward Company Financial Perfromance.
Keywords : Good Corporate Governance, Corporate Social Responsibility, Profit Management, Company Financial Performance
References
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Agyemang, O. S., & Ansong, A. (2017). Corporate social responsibility and firm performance of Ghanaian SMEs: Mediating role of access to capital and firm reputation. Journal of Global Responsibility, 8(1), 47–62. https://doi.org/10.1108/JGR-08-2015-0015
Amar, A. Ben, & Chakroun, S. (2017). Do dimensions of corporate social responsibility affect earnings management? Evidence from France. Journal of Financial Reporting and Accounting.
Caesari, A. P. (2015). Pengaruh Tata Kelola Perusahaan Dan Tanggung Jawab Sosial Perusahaan Terhadap Kinerja Keuangan Pada Perusahaan Indeks Kompas100.
Chen, J. (2020). Earnings Per Share – EPS Definition. Retrieved May 11, 2020, from https://www.investopedia.com/terms/e/eps.asp
Fauziah, F. (2017). Kesehatan Bank, Kebijakan Dividen dan Nilai Perusahaan: Teori dan Kajian Empiris. Samarinda: Pustaka Horizon.
Hargrave, M. (2020a). Return on Assets—ROA. Retrieved May 11, 2020, fromhttps://www.investopedia.com/terms/r/returnonassets.asp
Hargrave, M. (2020b). Return on Equity – ROE. Retrieved May 11, 2020, fromhttps://www.investopedia.com/terms/r/returnonequity.asp
Hussein, A. S. (2015). Penelitian Bisnis dan Manajemen Menggunakan Partial Least Squares dengan SmartPLS 3.0. https://doi.org/10.1023/A:1023202519395
Maswadeh, S. (2018). The effect of the ownership structure on earnings management practices. Investment Management and Financial Innovations, 15(4), 48–60. https://doi.org/10.21511/imfi.15(4).2018.04
Nurdin, E., Hasbudin, Wawo, A. B., & Akib, M. (2018). Can Independence of The Board of Commissioners Improve The Earnings Quality ? Evidence From Indonesia. IOSR Journal of Business and Management (IOSR-JBM), 20(2), 18–22. https://doi.org/10.9790/487X-2002021822
Ofoeda, I. (2016). Corporate governance and non-bank financial institutions profitability. International Journal of Law and Management.
Orazalin, N., Mahmood, M., & Lee, K. J. (2016). Corporate governance, financial crises and bank performance: lessons from top Russian banks. Corporate Governance: The International Journal of Business in Society, 16(5), 798–814. https://doi.org/10.1108/CG-10-2015-0145
Segal, T. (2020). Profit Margin. Retrieved May 11, 2020, from https://www.investopedia.com/terms/p/profitmargin.asp
Soegoto, E. S. (2013). Entrepreneurship Menjadi Pebisnis Ulung. Jakarta: Elex Media Komputindo.
Soewarno, N. (2018). The effect of good corporate governance mechanism and corporate social responsibility on financial performance with earnings management as mediating variable. Asian Journal of Accounting Research, 3(1), 41–60. https://doi.org/10.1108/ajar-06-2018-0008
Supriyono, R. A. (2018). Akuntansi Keperilakuan. Yogyakarta: UGM PRESS.
Suyono, E. (2017). Bebagai Model Pengukuran Earnings Management : Mana Yang Paling Akurat. Sustainable Competitive Advantage-7 (Sca-7), 7, 303–324. Retrieved from https://www.researchgate.net/profile/Eko_Suyono2/publication/321490082_Berbagai_Model_Pengukuran_Earnings_Management_Mana_yang_Paling_Akurat/links/5a2793cea6fdcc8e866e792d/Berbagai-Model-Pengukuran-Earnings-Management-Mana-yang-Paling-Akurat.pdf
Tn. (2010). Impact of Corporate Social Performance on Financial Performance of Manufacturing Companies Listed on the Tehran Stock Exchange (IMC). 9(1), 76–99. https://doi.org/10.1558/jsrnc.v4il.24
Tn. (2014). Analisis Earnings Management Terhadap Kinerja dan Nilai Perusahaan.
Vira, A. N., & Wirakusuma, M. G. (2019). Pengaruh Pengungkapan Corporate Social Responsibility Pada Nilai Perusahaan Dengan Good Corporate Governance Sebagai Pemoderasi. E-Jurnal Akuntansi, 26(2), 1299–1326. https://doi.org/10.24843/eja.2019.v26.i02.p17
Wijaya, A. L. (2020). The Effect of Audit Quality on Firm Value: A Case in Indonesian Manufacturing Firm. Journal of Accounting, Finance and Auditing Studies (JAFAS), 6(1), 1–15. https://doi.org/10.32602/jafas.2020.001
Published
2021-12-19
How to Cite
Nurbayani, H., Norisanti, N., & Samsudin, A. (2021). Analisis Manajemen Laba Sebagai Variabel Mediasi Dalam Penerapan Good Corporate Governance Dan Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan. COSTING : Journal of Economic, Business and Accounting, 5(1), 523-529. https://doi.org/https://doi.org/10.31539/costing.v5i1.2443
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