PENGARUH KOMITE AUDIT (AUDIT MEETING), MANAGERIAL DIRECTOR TERHADAP KONSERVATISME AKUNTANSI (Studi pada Industri Ritel yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2016) OWNERSHIP, FOREIGN OWNERSHIP, DAN INDEPENDENT
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Date
2018-09
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Jurnal Akuntansi Bisnis & Ekonomi, Fakultas Ekonomi Universitas Widyatama, Vol.4, No.2
Abstract
Conservatism is prudence principle in the preparation of financial reporting
in which the company is not rush to recognizing revenue and profit as well as
immediatilly recognize cost and loss that have possibility of occurring. The
prudence principle is referred to accounting conservatism.
This study aimed to obtain empirical evidence of the influence of the audit
committee, managerial ownership, foreign ownership, and independent director
to accounting conservatism. The population in this study is a sub company retail
industry sector listed on the Indonesia Stock Exchange in 2012-2016.
Mechanical sample selection using purposive sampling and acquired 5
companies by 5 years in order to get 25 samples was observed. Model analysis
of the data in this research is panel data regression using Software Eviews 9.0.
This study shows that independent variables such as the audit committee,
managerial ownership, foreign ownership, and independent director
simultaneously affect the dependent variable accounting conservatism. In partial
of variable audit committee significant positive effect on accounting
conservatism, variabel independent director significant negative effect on
accounting conservatism. Meanwhile, the variable managerial ownership and
foreign ownership no significant effect on accounting conservatism.
Conclusions of this research is the audit committee and independent
director significant effect on accounting conservatism, while managerial
ownership and foreign ownership has no effect and can reduce the accounting
conservatism at the company. Suggestions for the company is to increase the
amount of managerial share ownership and for the investor to see the company
that have a high proportion of foreign share ownership. As for further research,
can use other measurement methods to measure conservatism as using Zhang
or Basu method.
From the test results obtained partial results showing variable levels of
financial difficulty with negative direction have a significant effect on accounting
conservatism. Variable litigation risk and growth opportunities no significant effect
on accounting conservatism.
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Keywords
Audit Committee, Managerial Ownership, Foreign Ownership, Independent Director, Accounting Conservatism