Perbedaan Manajemen Laba Untuk Menghindari Penurunan Laba Berdasarkan Tipe Direktur Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia

Abstract

Profit is one of the indicators used to assess company management performance. Management tends to carry out earnings management when there is a decline in profits compared to the previous period. This study analyzes earnings management to avoid decreasing profits based on director type (professional-director and owner-director) in companies listed on the Indonesia Stock Exchange in 2017 - 2022. This research uses secondary data, namely financial statements and annual reports of companies listed on the Indonesian Stock Exchange. The sample in this study was 541 companies. The samples were analyzed using two earnings management measurements, namely accrual management (discretionary accruals adjusted for performance) and real activities management (abnormal operating cash flow). The sample was divided into two groups based on director type to analyze earnings management to avoid decreasing profits for each group. The results show that all directors types carry out earnings management. Companies managed by owner-directors tend to manage discretionary accruals to avoid profits decline. Meanwhile, companies led by professional-directors tend to manage earnings by performing real activities management.