Peran Kepemilikan Managerial Dalam Memoderasi Manajemen Laba (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2018)

Abstract

This study aims to analyze empirically that free cash flow, return on assets and earnings per share affect earnings management and to empirically analyze that Managerial Ownership can moderate return on assets to earnings management in manufacturing companies listed on the Indonesia Stock Exchange in 2015-2018. This study uses quantitative data that has been published on the Indonesia Stock Exchange (IDX). Where the sample used was 236 consisting of 59 manufacturing companies. The tool used to test the model and hypothesis in this study is SEM WarpPLS 6.0. The test results obtained by free cash flow have a significant effect on earnings management, return on assets has a significant influence on earnings management, earnings per share does not have a significant effect on earnings management and managerial ownership cannot moderate return on assets to earnings management.