PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP PRAKTEK MANAJEMEN LABA (EARNING MANAGEMENT) PADA PERUSAHAAN PERBANKAN YANG LISTING DI BURSA EFEK INDONESIA PERIODE 2010 – 2012

Abstract

This study was meant to examine the influence of the implementation of Good Corporate Governance (GCG) which consist of board of directors scale, independent commissioners scale, audit committee scale, independency of audit committee and institutional ownership as the proxy through earnings management. To identify earnings management in the company, this study use ratio of working capital accruals to company sales. This study used the secondary data as banking sector companies sample which listed on the Indonesia Stock Exchange (IDX) during the period 2010-2012 and 11 of the companies fulfilled the certain require criteria which chosen by purposive sampling as the selection method. Based on the result that shown by t-test, independent variable less significantly affects the level of earnings management. It proved that there was positive effect of implementation of GCG in a company  in order to decrease earnings management case which happened in the sample companies in the level of less significant.

Keywords : Good Corporate Governance, Board of Directors Scale, Independent Commissioners Scale, Audit Committee Scale, Independency of Audit Committee, Institutional Ownership