خلاصة:
the research was aimed to analyze effects of Good Corporate Governance, comprising of Composition of Commissioners & Audit Committee on earnings management an Empirical Study on Indonesia Stock Exchange with Panel Data Approach. The data collection method used was documentation. The samples in this research were in Indonesia registered in Indonesia Stock Exchange. The data analysis method employed panel data regression analysis with E-Views Software. The results demonstrate that Good Corporate Governance simultaneously affects earnings management. Partial testing indicates that Good Corporate Governance variable of Composition of Commissioners has no effect on earnings management & Audit Committee has no effect on Earnings Management.
ملخص الجهاز:
"3 Hypothesis Testing The hypothesis testing was conducted using panel data regression analysis model which aims to predict the extent of the strength of effects of independent variable on dependent variable through t test and F test using static regression equation model: Description : EM = a + b1CBC+ b2AC + e EM : Earnings Management a : Constants b1,b2 : Coefficient Regression CBC : Composition of Board of Commissioners AC : Audit Committee e : Error 3.
1 Common Effect Model (CEM) Table 2: Cammon Effect Model (CEM) Dependent Variable: EM Method: Panel Least Squares Date: 04/08/17 Time: 18:41 Sample: 2011 2015 Periods included: 5 Cross-sections included: 78 Total panel (balanced) observations: 390 رجع شود به تصویر صفحه Source: Eviews Results (2017) Common Effect Model (CEM) generates the following equation: EM = 0,051169 + 0,017664CBC – 0,005740AC Based on the estimation result of using Common Effect Model (CEM) with common intercept, it gives determination coefficient value of Adjusted R-squared by 0.
The fixed effect model can be seen in the table as follows: Dependent Variable: EM Method: Panel Least Squares Sample: 2011 2015 Periods included: 5 Cross-sections included: 78 Table 8: F Model Test Total panel (balanced) observations: 390 رجع شود به تصویر صفحه Source: Eviews Results (2017) Based on the table above, the value of F count is 2,489219, the F table value is 1.
6. Conclusion Based on simultaneous analysis results, the independent good corporate governance variable which consists of the Composition of Commissioners and audit committee, affects the manufacturing companies’ earning management in Indonesia Stock Exchange."