DAFTAR ISI.docx

ANALISIS PENGARUH GOOD CORPORATE GOVERNANCE

TERHADAP HUBUNGAN ASIMETRI INFORMASI

DENGAN MANAJEMEN LABA

Disusun Oleh:

DWI RANGGA SETO

NIM. 115020300111106

SKRIPSI

Disusun Sebagai Salah Satu Syarat Untuk Meraih Derajat Sarjana Ekonomi

JURUSAN AKUNTANSI

FAKULTAS EKKONOMI DAN BISNIS

UNIVERSITAS BRAWIJAYA

MALANG

2015

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HALAMAN PERSETUJUAN

Skripsi dengan judul:




Yang disusun oleh:

Nama : Dwi Rangga Seto

NIM : 115020300111106

Fakultas : Ekonomi dan Bisnis

Jurusan : Akuntansi

Disetujui untuk digunakan dalam ujian komprehensif

ii

Malang, 10 September 2015

Dosen Pembimbing

( Prof. Dr. Sutrisno T., Ak., CA.)NIP. 195604031985031003

HALAMAN PERSETUJUAN

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PERNYATAAN ORISINALITAS

Yang bertanda tangan di bawah ini:


NIM : 115020300111106

Fakultas : Ekonomi dan Bisnis

Jurusan : Akuntansi

Dengan ini menyatakan bahwa Skripsi yang saya susun dengan judul:




adalah benar-benar hasil karya saya sendiri dan bukan merupakan plagiat dari

Skripsi orang lain. Apabila kemudian hari pernyataan saya tidak benar, maka saya

bersedia menerima sanksi akademis yang berlaku.

demikian pernyataan ini saya buat dengan sebenarnya, untuk dapat dipergunakan

bilamana diperlukan.

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Malang, 10 September 2015

Pembuat Pernyataan

( Dwi Rangga Seto )NIM. 115020300111106

RIWAYAT HIDUP


Jenis Kelamin : Laki-Laki

Tempat / Tanggal Lahir : Banyuwangi, 04 Nopember 1992

Agama : Islam

Status : Belum Menikah

Alamat Rumah : Dusun Kumbo RT. 02 RW. 03, Desa Gumirih, Kecamatan Singojuruh, Kabupaten Banyuwangi - Jawa Timur.

Alamat Email : [email protected]

Pendidikan Formal:

Sekolah Dasar (1999-2005) : SD Negeri 1 Singojuruh

SMP (2005-2008) : SMP Negeri 1 Genteng

SMA (2008-2011) : SMA Negeri 1 Rogojampi

Perguruan Tinggai (20011-2015) : S1 Akuntansi Fakultas Ekonomi dan Bisnis Universitas Brawijaya.

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mailto:[email protected]

PERUNTUKAN

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MOTTO

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KATA PENGANTAR

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DAFTAR ISI

HALAMAN JUDUL....................................................................................... i

HALAMAN PERSETUJUAN....................................................................... ii

HALAMAN PENGESAHAN........................................................................ iii

PERNYATAAN ORISINALITAS................................................................ iv

RIWAYAT HIDUP......................................................................................... v

PERUNTUKAN.............................................................................................. vi

MOTTO........................................................................................................... vii

KATA PENGANTAR.................................................................................... viii

DAFTAR ISI................................................................................................... ix

DAFTAR TABEL........................................................................................... xiii

DAFTAR GAMBAR...................................................................................... xiv

DAFTAR LAMPIRAN................................................................................... xv

ABSTRAKSI................................................................................................... xvi

BAB I PENDAHULUAN

1.1 Latar Belakang................................................................................ 1

1.2 Rumusan Masalah........................................................................... 5

1.3 Tujuan Penelitian............................................................................ 5

1.4 Kontribusi Penelitian...................................................................... 6

BAB II TINJAUAN PUSTAKA.................................................................... 7

2.1 Landasan Teori.............................................................................. 7

2.1.1 Laporan Keuangan............................................................. 7

2.1.2 Teori Keagenan.................................................................. 7

2.1.3 Asimetri Informasi............................................................. 10

2.1.4 Teori Bid-ask Spread......................................................... 12

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2.1.5 Manajemen Laba................................................................ 14

2.1.6 Corporate Governance...................................................... 21

2.1.6.1 Kepemilikan Manajerial...................................... 25

2.1.6.2 Kepemilikan Institusional.................................... 26

2.1.6.3 Dewan Komisaris................................................. 27

2.1.6.4 Komite Audit....................................................... 29

2.1.7 Ukuran Perusahaan............................................................ 30

2.2 Penelitian Terdahulu...................................................................... 31

2.3 Kerangka Pemikiran...................................................................... 34

2.4 Hipotesis Penelitian....................................................................... 35

2.4.1 Kepemilikan Institusional, Asimetri Informasi dan

Manajemen laba................................................................... 36

2.4.2 Kepemilikan Manajerial, Asimetri Informasi dan

Manajemen Laba.................................................................. 37

2.4.3 Komposisi Dewan Komisaris, Asimetri Informasi dan

Manajemen Laba.................................................................. 38

2.4.4 Ukuran Komite Audit, Asimetri Informasi dan Manajemen

Laba...................................................................................... 38

BAB III METODE PENELITIAN................................................................ 40

3.1 Variabel Penelitian dan Definisi Operasional................................ 40

3.1.1 Variabel Independen.......................................................... 40

3.1.2 Variabel Dependen............................................................. 41

3.1.3 Variabel Pemoderasi.......................................................... 42

3.1.4 Variabel Kontrol................................................................ 43

3.2 Penentuan Sampel.......................................................................... 45

3.3 Sumber Data.................................................................................. 45

3.4 Metode Pengumpulan Data............................................................ 45

3.5 Metode Analisis Data..................................................................... 46

3.5.1 Statistik Deskriptif............................................................. 46

3.5.2 Pengujian Asumsi Klasik................................................... 46

3.5.2.1 Uji Normalitas...................................................... 47

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3.5.2.2 Uji Autokorelasi................................................... 47

3.5.2.3 Uji Heteroskedastisitas........................................ 48

3.5.2.4 Uji Multikolinearitas............................................ 49

3.5.3 Pengujian Hipotesis............................................................ 49

3.5.3.1 Uji Regresi Linear Berganda............................... 49

3.5.3.2 Uji Koefisien Determinasi................................... 50

3.5.3.3 Uji Signifikansi Simultan..................................... 50

3.5.3.4 Uji Signifikansi Parameter Individual................. 51

BAB IV HASIL DAN PEMBAHASAN........................................................ 52

4.1 Deskripsi Penelitian....................................................................... 52

4.2 Analisis Data.................................................................................. 53

4.2.1 Variabel Asimetri Informasi.............................................. 53

4.2.2 Variabel Manajemen Laba................................................. 53

4.2.3 Analisis Statistik Deskriptif............................................... 54

4.2.4 Analisis Linear Berganda................................................... 56

4.2.5 Uji Asumsi Klasik.............................................................. 57

4.2.5.1 Uji Normalitas...................................................... 57

4.2.5.2 Uji Autokorelasi................................................... 58

4.2.5.3 Uji Heteroskedastisitas........................................ 59

4.2.5.4 Uji Multikolinearitas............................................ 62

4.2.6 Uji Koefisien Determinasi................................................. 64

4.2.7 Uji Signifikansi Simultan................................................... 65

4.2.8 Uji Signifikansi Parameter................................................. 66

4.3 Pembahasan................................................................................... 69

4.3.1 Pengaruh Kepemilikan Institusional terhadap Hubungan

Asimetri Informasi dengan Manajemen Laba.................... 69

4.3.2 Pengaruh Kepemilikan Institusional terhadap Hubungan


4.3.3 Pengaruh Komposisi Dewan Komisaris terhadap

Hubungan Asimetri Informasi dengan Manajemen Laba. . 72

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4.3.4 Pengaruh Ukuran Komite Audit terhadap Hubungan


BAB V PENUTUP.......................................................................................... 74

5.1 Kesimpulan.................................................................................... 74

5.2 Keterbatasan Penelitian.................................................................. 75

5.3 Saran.............................................................................................. 76

DAFTAR PUSTAKA...................................................................................... 77

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DAFTAR TABEL

Tabel 3.1........................................................................................................... 48

Tabel 4.1........................................................................................................... 52

Tabel 4.2........................................................................................................... 54

Tabel 4.3........................................................................................................... 55

Tabel 4.4........................................................................................................... 58

Tabel 4.5........................................................................................................... 59

Tabel 4.6........................................................................................................... 62

Tabel 4.7........................................................................................................... 64

Tabel 4.8........................................................................................................... 65

Tabel 4.9........................................................................................................... 66

Tabel 4.10......................................................................................................... 67

Tabel 4.11......................................................................................................... 67

Tabel 4.12......................................................................................................... 68

Tabel 4.13......................................................................................................... 69

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DAFTAR GAMBAR

Gambar 2.1....................................................................................................... 34

Gambar 4.1....................................................................................................... 60

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DAFTAR LAMPIRAN

Lampiran 1........................................................................................................ 80

Lampiran 2........................................................................................................ 82

Lampiran 3........................................................................................................ 86

Lampiran 4........................................................................................................ 90

Lampiran 5........................................................................................................ 94

Lampiran 6........................................................................................................ 101

Lampiran 7........................................................................................................ 103

Lampiran 8........................................................................................................ 105

Lampiran 9........................................................................................................ 107

Lampiran 10...................................................................................................... 108

Lampiran 11...................................................................................................... 110

Lampiran 12...................................................................................................... 111

Lampiran 13...................................................................................................... 113

Lampiran 14...................................................................................................... 115

Lampiran 15...................................................................................................... 117

Lampiran 16...................................................................................................... 119

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ABSTRAK

ANALISIS PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP HUBUNGAN ASIMETRI INFORMASI


Oleh:Dwi Rangga Seto

NIM. 115020300111106

Dosen Pembimbing:Prof. Dr. Sutrisno T., Ak., CA

Tujuan penelitian ini untuk menguji pengaruh good corporate governance terhadap hubungan asimetri informasi dengan manajemen laba. Dalam pengungkapan laporan keuangan perusahaan seringkali ditemui praktik manajemen laba, hal ini dikarenakan adanya asimetri informasi antara pihak manajemen dan pihak eksternal, untuk itu perlu diketahui faktor-faktor yang mempengaruhi asimetri informasi dan manajemen laba yang dalam penelitian ini diujikan dengan good corporate governance. Corporate governance diproksi dengan kepemilikan institusional, kepemilikan manajerial, komposisi dewan komisaris dan ukuran komite audit. Sampel penelitian ini adalah 52 perusahaan manufaktur yang terdaftar di Bursa Efek Indoesia dari tahun 2011 sampai 2013 yang berjumlah dengan jumlah observasi 156. Analisis penelitian ini menggunakan uji asumsi klasik untuk menguji normalitas data dan regresi linear berganda dengan menggunakan tiga model. Hasil analisis menunjukkan kepemilikan manajerial, komposisi dewan komisaris dan ukuran komite audit merupakan variabel moderasi antara hubungan asimetri informasi dengan manajemen laba. Sedangkan kepemilikan manajerial bukan merupakan variabel moderasi antara hubungan asimetri informasi dengan manajemen laba.

Kata kunci: Good Corporate Governance, Kepemilikan Institusional, Kepemilikan Manajerial, Komposisi Dewan Komisaris, Ukuran Komite Audit, Asimetri Informasi, Manajemen Laba.

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ABSTACT

ANALYSIS EFFECT OF GOOD CORPORATE GOVERNANCE TO INFORMATION ASYMMETRI RELATION

WITH EARNINGS MANAGEMENT

By:Dwi Rangga Seto

NIM. 115020300111106

Advisor lecture:Prof. Dr. Sutrisno T., Ak., CA

The purpose of this research is to examine the effect of good corporate governance on the relation between information asymmetry with earnings management. In the corporate annual report often found practice of earnings management, this is due to the information asymmetry between management and external parties, for it is necessary to know the factors that influence the information asymmetry and earnings management in this research were tested with good corporate governance. Corporate governance proxy for institutional ownership, managerial ownership, board of directors composition and audit committee size. Samples were 52 companies listed on the Indonesia Stock Exchange from 2011 to 2013, amounting to 156 the number of observations. This research analyzes using classic assumption test to examine the normality of data and multiple linear regression using three models. The analysis showed institutional ownership, board of directors composition and audit committee size are moderating variable between information asymmetry relation with earnings management. While the managerial ownership is not a moderating variable between information asymmetry relations with earnings management.

Keywords: Institutional Ownership, Managerial Ownership, Board of Directors Composition, Audit Committee size, Information Asymmetry, Earnings Management.

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