PENGARUH PRAKTIK TATA KELOLA PERUSAHAAN TERHADAP MANAJEMEN LABA PADA PERUSAHAAN KELUARGA (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia Periode 2009-2011)

• Main Authors: , RISDYA LEVINA, , Prof. Dr. Indra Wijaya Kusuma, MBA, CMA
• Format: Theses and Dissertations NonPeerReviewed
• Published: [Yogyakarta] : Universitas Gadjah Mada 2013
• Subjects: ETD
• Online Access: https://repository.ugm.ac.id/124943/; http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=65107
• Institution: Universitas Gadjah Mada

This research is an empirical study about the effect of good corporate governance to the magnitude of earning management occurs in family-controlled companies. Unlike the non-family companies which mostly will experience type I agency conflict, the family-controlled company will be more vulnerable to agency conflict between the majority dan minority shareholders known as type II. Based on prior literatures, this agency conflict can be minimalized through the good corporate governance system. The research area is focusing on internal good corporate governance proxied by the independence of board of commissioner and the background of president director. Earning management will be measured by adopting Abnormal Working Capital Accruals model. The result proved that the proportion of independent board commissioner negatively related with the earning management in the family-controlled companies. In addition, family-controlled companies which lead by the founder as president director and family-controlled companies which lead by professional as the president director with the founder as the president commissioner will have lower magnitude of earning management than family- controlled companies which lead by others than above.