EFFECT OF ACCOUNTING CONSERVATISM AND EARNINGS MANAGEMENT ON FIRM VALUES
DOI:
https://doi.org/10.35310/jass.v4i02.1105Keywords:
Firm Value, Earnings Management, Accounting ConservatismAbstract
This study investigates how accounting conservatism and eaarnings management affect the value of a company. This research investigates state-owned firms that were listed on the Indonesia Stock Exchange between 2019 and 2021.
The valuation of a company is determined using Tobin's Q formula. On the basis of incurred items, accounting conservatism is evaluated. Earnings management is evaluated using a modified version of the Jones model to determine the value of discretionary accruals.
The samples were collected using a strategy of purposive sampling based on the author's criteria. Then, thirteen firms were collected for study. Therefore, this analysis utilizes 39 data samples. The research data were analyzed using SPSS 25. This study's findings demonstrate that (1) accounting conservatism impacts firm value, whereas (2) earnings management has no impact on firm value.
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Subanidja, S., Rajasa, A., Suharto, E., & Atmanto, J. D. (2016). The determinants of firm value: The role of earnings management and good corporate governance. Corporate Ownership & Control, 13(4-4), 609-615. https://doi.org/10.22495/cocv13i4c4p10
Sulistyanto, S. (2018). Manajemen Laba: Teori dan Model Empiris. Jakarta: Grasindo.
Ubaidillah, M. (2021). Increasing Firm Value via Conservatism in Accounting. Journal of Auditing, Finance, and Forensic Accounting, 9(2),54-64. https://doi.org/10.21107/jaffa.v9i2.12118
Zhong, Y. and Li, W. (2017), Accounting Conservatism: A Literature Review. Australian Accounting Review, 27: 195-213. https://doi.org/10.1111/auar.12107
Arief, H., Saratian, E. T., Nugroho, D. A., Ashshidiqy, N., & Kolis, D. N. (2020). Pengaruh Roa, Der, Dan Tobin’s Q-Ratio Terhadap Harga Saham Pada Industri Pertambangan Migas Di Bursa Efek Indonesia. Jurnal Ilmiah Manajemen Bisnis, 6(2), 174-183 Retrieved from https://publikasi.mercubuana.ac.id/index.php/jimb/article/view/8199
Bandiyono, A. (2019). The Effect Of Good Corporate Governance And Political Connection On Value Firm. Jurnal Akuntansi, 23(3), 333–348. https://doi.org/10.24912/ja.v23i3.599
Darwis, H. (2012). Manajemen laba terhadap nilai perusahaan dengan corporate governance sebagai pemoderasi. Jurnal keuangan dan Perbankan, 16(1). https://doi.org/10.26905/jkdp.v16i1.1045
Dr. Enni Savitri, SE, MM, Ak. (2016). Konservatisme Akuntansi: Cara Pengukuran, Tinjauan Empiris dan Faktor-Faktor yang Mempengaruhinya. Yogyakarta: Pustaka Sahila Yogyakarta.
Dzahabiyya, J., Jhoansyah, D., & Danial, R. D. M. (2020). Analisis nilai perusahaan dengan model rasio tobin’s Q. JAD: Jurnal Riset Akuntansi & Keuangan Dewantara, 3(1), 46-55. https://doi.org/10.26533/jad.v3i1.520
Filip, A., & Raffournier, B. (2013). The value relevance of earnings in Europe after IFRS implementation: why do national differences persist?. International Journal of Accounting, Auditing and Performance Evaluation, 9(4), 388-415. https://doi.org/10.1504/IJAAPE.2013.057527
Filip, A., & Raffournier, B. (2014). Financial crisis and earnings management: The European evidence. The International Journal of Accounting, 49(4), 455-478. https://doi.org/10.1016/j.intacc.2014.10.004
Hartono, R. A., & Sabeni, A. (2014). Pengaruh konservatisme akuntansi terhadap nilai perusahaan pada krisis keuangan tahun 2008. Diponegoro Journal of Accounting, 0, 550-557. Retrieved from https://ejournal3.undip.ac.id/index.php/accounting/article/view/6227
Ilaboya, O. J., Izevbekhai, M. O., & Ohiokha, F. I. (2016). Tax planning and firm value: A review of literature. Business and Management Research, 5(2), 81-91. Retrieved from https://ideas.repec.org/a/jfr/bmr111/v5y2016i2p81-91.html
Jusny, F. (2014). Pengaruh Konservatisme Akuntansi Terhadap Nilai Perusahaan Dimoderasi Oleh Good Corporate Governance (Studi Empiris Pada Perusahaan Sektor Retail Trade yang Listing di Bursa Efek Indonesia). JAAKFE UNTAN (Jurnal Audit dan Akuntansi Fakultas Ekonomi Universitas Tanjungpura), 3(1), 29-52. http://dx.doi.org/10.26418/jaakfe.v3i1.9003
Kristanti, E. W., & Priyadi, M. P. (2016). Pengaruh good corporate governance sebagai pemoderasi hubungan manajemen laba terhadap nilai perusahaan. Jurnal Ilmu dan Riset Akuntansi (JIRA), 5(3), 1-16. Retrieved from http://jurnalmahasiswa.stiesia.ac.id/index.php/jira/article/view/276
Kurniyawati, I. (2019). Pengaruh Konservatisme Akuntansi dan Good Corporate Governance Terhadap Asimetri Informasi. JURNAL PENELITIAN EKONOMI DAN AKUNTANSI (JPENSI), 4(1), 979-1006. http://dx.doi.org/10.30736%2Fjpensi.v4i1.221
Ng, S., Robert Jao, Fransiskus E. Daromes, & Monica. (2022). Public Ownership And Firm Value: Mediation Role Of Carbon Emissions Disclosure. Jurnal Akuntansi, 26(3), 426–442. https://doi.org/10.24912/ja.v26i3.1049
Oktayani, D., & Hakim, L. (2021). A Analisis Kinerja Keuangan Dalam meningkatkan Nilai Perusahaan. Kompak: Jurnal Ilmiah Komputerisasi Akuntansi, 14(2), 359-372. https://doi.org/10.51903/kompak.v14i2.559
Panda, B., & Leepsa, N. M. (2017). Agency theory: Review of theory and evidence on problems and perspectives. Indian Journal of Corporate Governance, 10(1), 74-95. https://doi.org/10.1177/0974686217701467
Pasupati, B. (2020). Pengaruh Konservatisme Akuntansi Terhadap Penilaian ekuitas perusahaan. BHIRAWA, 5(1), 16-24. Retrieved from https://e-journal.stie-aub.ac.id/index.php/bhirawa/article/view/757
Prastowo, Y. (2019). Kasus Garuda dan misteri akuntansi. Online at https://money.kompas.com/read/2019/07/18/152000526/kasus-garuda-dan-misteri-akuntansi?page=all.
Prof. Dr. Sugiyono. (2021). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
Putri, M. D. N., & Kisman, Z. (2022). Analysis of factors affecting firm value (Empirical studies on food and beverage sub-sector industry companies listed on idx in 2014–2020). Islamic Banking: Jurnal Pemikiran dan Pengembangan Perbankan Syariah, 8(1), 197-216. https://doi.org/10.36908/isbank.v8i1.571
Riswandi, P., & Yuniarti, R. (2020). Pengaruh manajemen laba terhadap nilai perusahaan. Jurnal Pamator: Jurnal Ilmiah Universitas Trunojoyo, 13(1), 134-138. https://doi.org/10.21107/pamator.v13i1.6953
Rohmaniyah, A., & Khanifah, K. (2018). Analisis Manajemen Laba Pada Laporan Keuangan Perbankan Syariah. AKSES: Jurnal Ekonomi dan Bisnis, 13(1), 9-15. http://dx.doi.org/10.31942/akses.v13i1.3225
Subanidja, S., Rajasa, A., Suharto, E., & Atmanto, J. D. (2016). The determinants of firm value: The role of earnings management and good corporate governance. Corporate Ownership & Control, 13(4-4), 609-615. https://doi.org/10.22495/cocv13i4c4p10
Sulistyanto, S. (2018). Manajemen Laba: Teori dan Model Empiris. Jakarta: Grasindo.
Ubaidillah, M. (2021). Increasing Firm Value via Conservatism in Accounting. Journal of Auditing, Finance, and Forensic Accounting, 9(2),54-64. https://doi.org/10.21107/jaffa.v9i2.12118
Zhong, Y. and Li, W. (2017), Accounting Conservatism: A Literature Review. Australian Accounting Review, 27: 195-213. https://doi.org/10.1111/auar.12107
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Published
2023-08-10
How to Cite
Mutia, P. S. (2023). EFFECT OF ACCOUNTING CONSERVATISM AND EARNINGS MANAGEMENT ON FIRM VALUES. JASS (Journal of Accounting for Sustainable Society), 4(02). https://doi.org/10.35310/jass.v4i02.1105
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