PENGARUH KARAKTERISTIK CORPORATE GOVERNANCE

TERHADAP RESTATEMENT LAPORAN KEUANGAN

SKRIPSI

ULFAH JAMILAH 1510112025

PROGRAM SARJANA AKUNTANSI

FAKULTAS EKONOMI DAN BISNIS

UNIVERSITAS PEMBANGUNAN NASIONAL “VETERAN” JAKARTA

2019

PENGARUH KARAKTERISTIK CORPORATE GOVERNANCE

TERHADAP RESTATEMENT LAPORAN KEUANGAN

SKRIPSI

Diajukan Sebagai Salah Satu Syarat Untuk Memperoleh Gelar Sarjana

Akuntansi

ULFAH JAMILAH 1510112025

PROGRAM SARJANA AKUNTANSI

FAKULTAS EKONOMI DAN BISNIS

UNIVERSITAS PEMBANGUNAN NASIONAL “VETERAN” JAKARTA

2019

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THE EFFECT OF CORPORATE GOVERNANCE CHARACTERISTICS ON

THE FINANCIAL RESTATEMENT

By

Ulfah Jamilah

Abstract

This study was conducted to examine the effect of proportion of independent board,

audit committee’s financial expertise and institusional ownership on the financial

restatement. The samples for study using 49 financial companies listed in Indonesia

Stock Exchange period 2014-2018 with purposive sampling method. Data obtained

from the company’s financial statements that have been publication. The number

of samples was obtained from 49 companies with total 242 sample. The analysis

technical that used in this study is logistic regression with a significance level of

5%. The results in this study indicates that (1) proportion of independent board has

significant not affect on Financial Restatement (2) financial expertise negative

affect the Financial Restatement, and (3) institusional ownership does not affect the

Financial Restatement

Keywords: proportion of independent board, audit committee’s financial expertise

and institusional ownership, financial restatement

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PENGARUH KARAKTERISTIK CORPORATE GOVERNANCE

TERHADAP RESTATEMENT LAPORAN KEUANGAN

Oleh

Ulfah Jamilah

Abstrak

Penelitian ini dilakukan untuk menguji pengaruh variabel Dewan Komisaris

Independen, Keahlian Keuangan Komite Audit dan Kepemilikan Saham

Institusional Terhadap Restatement Laporan Keuangan. Sampel dalam penelitian

ini berjumlah 49 perusahaan sector keuangan yang terdaftar di Bursa Efek

Indonesia periode 2014-2018 yang dipilih dengan menggunakan purposive

sampling. Data yang diperoleh sampel sebanyak 49 perusahaan dengan total sampel

242. Teknik analisis yang digunakan adalah analisis regresi logistic dengan tingkat

signifikan sebesar 5%. Hasil penelitian ini menunjukan bahwa (1) Dewan

Komisaris Independen tidak berpengaruh terhadap restatement laporan keuangan

(2) Keahlian Komite Audit berpengaruh terhadap restatement laporan keuanagan

dan (3) Kepemilikan saham Institusional tidak berpengaruh terhadap retstatement

laporan keuangan.

Kata Kunci: Dewan Komisaris Independen, Keahlian Keuangan Komite Audit,

Kepemilikan Saham Institusional, Restatement Laporan Keuangan

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PRAKATA

Alhamdulilahi Rabbi’alamin, Wa shallallahu wa salam ‘ala Nabiyyina

Muhammadin, Wa ‘ala alihi wa shahbihi ajma’in, Amma ba’dur

Segala puji bagi Allah SWT Tuhan semesta alam. Atas berkat, rahmat dan

hidayah-Nya penulis dapat menyelesaikan skripsi, yang berjudul “Pengaruh

Karakteristik Corporate Governance Terhadap Restatement Laporan Keuangan”.

Terimakasih penulis ucapkan kepada Bapak Satria Yudhia Wijaya, S.E., M.S.Ak

dan Bapak Akhmad Saebani, S.E., M.Si., CMAA., CBV selaku dosen pembimbing

dalam penelitian ini, Bapak Drs Munasiron Miftah, MM, selaku Dekan Fakultas

Ekonomi dan Bisnis, Ibu Ni Putu Eka Widiastuti S.E., M.Si, CSRS selaku Ketua

Jurusan Akuntansi, Bapak Danang Mintoyuwono., S.E., M.Ak., AAP selaku

Kepala Prodi Akuntansi S1, Bapak Sumilir S.E., MM selaku dosen pembimbing

akademik saya serta dosen - dosen Fakultas Ekonomi dan Bisnis lain yang telah

banyak memberikan kesempatan, arahan dan saran yang sangat bermanfaat bagi

penulis.

Selain itu, ucapan terima kasih secara khusus penulis sampaikan kepada

Alm. M. Djamil dan Ibu Bahijah selaku kedua orangtua tercinta, kepada Abang

Heri, Kakak Rika dan Ka Yayang selaku saudara kandung serta seluruh keluarga

yang tidak henti-hentinya memberikan penulis semangat dan doa. Penulis secara

khusus menyampaikan rasa terima kasih kepada teman seperjuangan saya di UPN

Veteran Jakarta yaitu Zahra, Levana, Yuni, Abell, Indri, Savira, Dimas, Wahyu,

Fahreza, Denny, Adib, Ghafar, Bianda dan Anita. Penulis juga menyampaikan rasa

terimakasih kepada saudara saya Wafa dan Syifa yang selalu menemani saya dalam

pembuatan skripsi ini. Penulis pun menyadari bahwa kekeliruan sangat mungkin

terjadi. Selanjutnya, penulis berharap karya ini dapat bermanfaat bagi pembaca dan

penulis secara khusus dan dapat dimanfaatkan dalam kehidupan. Saya ucapkan

terimakasih sekali lagi bagi yang membaca penelitian ini. Semoga menjadi berkah

bagi kita semua.

Jakarta,15 Juli 2019

Ulfah Jamilah

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DAFTAR ISI

HALAMAN SAMPUL .....................................................................................i

HALAMAN JUDUL ........................................................................................ii

PERNYATAAN ORISINALITAS ...................................................................iii

PERNYATAAN PERSETUJUAN PUBLIKASI ............................................iv

PENGESAHAN .................................................................................................v

ABSTRACT .......................................................................................................vi

ABSTRAK .........................................................................................................vii

BERITA ACARA UJIAN SKRIPSI ................................................................viii

PRAKATA .........................................................................................................ix

DAFTAR ISI ......................................................................................................x

DAFTAR TABEL .............................................................................................xii

DAFTAR GAMBAR .........................................................................................xiiii

DAFTAR LAMPIRAN .....................................................................................xiv

BAB I PENDAHULUAN ..................................................................................1 1.1 Latar Belakang .................................................................................1

1.2 Rumusan Masalah ............................................................................10

1.3 Tujuan Penelitian..............................................................................10

1.4 Manfaat Penelitian............................................................................10

BAB II TINJAUAN PUSTAKA .......................................................................12 2.1 Tinjauan Pustaka ..............................................................................12

2.1.1 Teori Keagenan ................................................................................12

2.1.2 Laporan Keuangan ...........................................................................16

2.1.3 Restatement Laporan Keuangan .......................................................18

2.1.4 Good Corporate Governance ...........................................................20

2.1.5 Dewan Komisaris Independen .........................................................22

2.1.6 Keahlian Keuangan Komite Audit ...................................................24

2.1.7 Kepemilikan Saham Institusional ....................................................26

2.2 Model Penelitian Empirik ................................................................28

2.3 Hipotesis ...........................................................................................31

BAB III METODE PENELITIAN ..................................................................32 3.1 Definisi Operasional dan Pengukuran Variabel ...............................32

3.1.1 Definisi Operasional .........................................................................32

3.1.2 Pengukuran Variabel ........................................................................33

3.2 Populasi dan Sampel ........................................................................34

3.2.1 Populasi ............................................................................................34

3.2.2 Sampel ..............................................................................................35

3.3 Teknik Pengumpulan Data ...............................................................36

3.3.1 Jenis Data .........................................................................................36

3.3.2 Sumber Data .....................................................................................36

3.3.3 Pengumpulan Data ...........................................................................36

3.4 Teknik Analisis Data dan Uji Hipotesis ...........................................37

3.4.1 Teknik Analisis ................................................................................37

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3.4.1.1 Analisis Statistik Deskriptif .............................................................37

3.4.1.2 Uji Keseluruhan Model (Overall Model Fit) ...................................37

3.4.1.3 Uji Kelayakan Model Regresi (Hosmer and Lemeshow’s Goodness

of Fit ) ...............................................................................................38

3.4.1.4 Koefisien Determinasi (Nagelkerke R Square) ................................38

3.4.2 Uji Hipotesis .....................................................................................39

3.4.2.1 Uji Signifikansi Koefisien Regresi ...................................................39

3.4.2.2 Model Regresi ..................................................................................39

3.5 Kerangka Model Penelitian ..............................................................40

BAB IV ANALISIS DAN PEMBAHASAN ....................................................42

4.1 Hasil Penelitian ................................................................................42

4.1.1 Deskripsi Objek Penelitian ...............................................................42

4.1.2 Deskripsi Data Penelitian .................................................................44

4.1.3 Tehnik Analisis ................................................................................54

4.1.3.1 Hasil Uji Outlier ...............................................................................54

4.1.3.2 Uji Keseluruhan Model (Overall Model Fit) ...................................55

4.1.3.3 Uji Kelayakan Model (Hosmer and Lemeshow’s Goodness

of Fit) ...............................................................................................56

4.1.3.4 Uji Koefisien Determinasi (Nagelkerke R Square) ..........................57

4.1.3.5 Uji Matriks Klasifikasi .....................................................................57

4.1.4 Uji Hipotesis .....................................................................................58

4.1.4.1 Uji Signifikansi Koefisien Regresi ...................................................59

4.1.4.2 Model Regresi ..................................................................................60

4.2 Pembahasan ......................................................................................62

4.2.1 Pengaruh Dewan Komisaris Independen terhadap Restatement

Laporan Keuangan ...........................................................................63

4.2.2 Pengaruh Keahlian Keuangan Komite Audit terhadap Restatement

Laporan keuangan ............................................................................64

4.2.3 Pengaruh Kepemilikan Saham Institusional terhadap Restatement

Laporan Keuangan ...........................................................................66

BAB V SIMPULAN DAN SARAN ..................................................................67

5.1 Simpulan...........................................................................................67

5.2 Keterbatasan Penelitian ....................................................................67

5.3 Saran .................................................................................................68

DAFTAR PUSTAKA ........................................................................................69

RIWAYAT HIDUP

LAMPIRAN

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DAFTAR TABEL

Tabel 1. Kriteria Sampel .................................................................................... 42

Tabel 2. Daftar Perusahaan yang Menjadi Objek Penelitian ............................. 43

Tabel 3. Data Restatement .................................................................................. 45

Tabel 4. Hasil Distribusi Frekuensi Restatement ............................................... 48

Tabel 5. Data Dewan Komisaris Independen ..................................................... 47

Tabel 6. Hasil Statistik Deskriptif Dewan Komisaris Independen ..................... 49

Tabel 7. Data Keahlian Keuangan Komite Audit .............................................. 49

Tabel 8. Hasil Statistik Deskriptif Keahlian Keuangan Komite Audit .............. 51

Tabel 9. Data Kepemilikan Saham Institusional ................................................ 52

Tabel 10. Hasil Statistik Deskriptif Kepemilikan Saham Institusional ............. 53

Tabel 11. Hasil Casewise List ............................................................................. 54

Tabel 12. Data Outlier ........................................................................................ 55

Tabel 13. Hasil -2 Log Likehood Block Number=0 ........................................... 56

Tabel 14. Hasil -2 Log Likehood Block Number=1 ........................................... 56

Tabel 15. Hasil Omnibus Test Of Model Coefficients ........................................ 56

Tabel 16. Hasil Hosmer and Lemeshow Test ..................................................... 56

Tabel 17. Hasil Nagelkerke R Square ................................................................ 57

Tabel 18. Hasil Tabel Klasifikasi ....................................................................... 58

Tabel 19. Hasil Uji Wald .................................................................................... 59

Tabel 20. Hasil Model Regresi ........................................................................... 60

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DAFTAR GAMBAR

Gambar 1. Kerangka Pemikiran ......................................................................... 31

Gambar 2. Model Penelitian .............................................................................. 40

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DAFTAR LAMPIRAN

Lampiran 1 Daftar Perusahaan Yang Menjadi Objek Penelitian

Lampiran 2 Data Dewan Komisaris Independen

Lampiran 3 Data Keahlian Keuangan Komite Audit

Lampiran 4 Data Kepemilikan Saham Institusional

Lampiran 5 Data Restatement

Lampiran 6 Data Outlier

Lampiran 7 Hasil Pengolahan SPSS 25 sebelum outlier

Lampiran 8 Pengolahan SPSS 25 setelah outlier

Lampiran 9 Surat Riset