ANTI-CORRUPTION DISCLOSURE AND EARNINGS MANAGEMENT: A CASE IN INDONESIAN CAPITAL MARKET

Putri Dwi Aprilia Nur Khasanah, Indra Wijaya Kusuma

Abstract


Abstract

This study investigates the relationship between anti-corruption disclosure and earnings management. Firms that disclose anti-corruption are related to the lower earnings management. The sample consists of 207 firm-year observation from 2016-2018. The data are hand-collected for the anti-corruption disclosure and the rest of the firm’s data are obtained from the Osiris database. Our result indicate a significant negative relationship between anti-corruption disclosure and earnings management. The relationship is more pronounce for the profitable and smaller firms. The high level of anti-corruption disclosure reported by the company can reduce earnings management actions in the company and show awareness, ability, skill, actualization of attitudes and behaviors with integrity in creating a business climate with integrity, fairness, and high competitiveness.

Abstrak 

Penelitian ini bertujuan untuk menguji hubungan antara pengungkapan anti-korupsi dan manajemen laba. Penelitian dilakukan dengan menggunakan 207 perusahaan pada tahun observasi 2016-2018. Data yang digunakan di dalam penelitian ini diperoleh dengan hand collecting untuk variabel pengungkapan anti korupsi sedangkan untuk data variabel lain diperoleh melalui basis data OSIRIS. Hasil penelitian menunjukkan bahwa terdapat hubungan negatif yang signifikan antara pengungkapan anti-korupsi dan manajemen laba. Hubungan tersebut lebih jelas ketika perusahaan memiliki profitabilitas positif dan ukuran perusahaan yang kecil. Tingginya pengungkapan anti-korupsi yang dilaporkan perusahaan dapat mengurangi tindakan manajemen laba pada perusahaan dan menunjukkan kesadaran, kemampuan, keterampilan, aktualisasi sikap dan perilaku berintegritas dalam menciptakan iklim usaha yang berintegritas, adil, dan berdaya saing tinggi. 


Keywords


Anti-corruption disclosure, Earnings management, Profitability, Firms Size, Pengungkapan anti-korupsi, Manajemen laba, Profitabilitas, Ukuran perusahaan

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