ii ABSTRAK
Tujuan dari penelitian ini adalah untuk mengetahui pengaruh mekanisme
corporate governance yang meliputi kepemilikan manajerial, kepemilikan institusional, proporsi dewan komisaris independen, ukuran dewan komisaris, dan ukuran komite audit terhadap kinerja keuangan melalui manajemen laba.
Penelitian ini menggunakan sampel sebanyak 11 perusahaan real estate
yang terdaftar di Bursa Efek Indonesia, dengan menggunakan purposive sampling
dengan kriteria tertentu. Metode analisis dari penelitian ini menggunakan regresi berganda dan analisis jalur.
Hasil dari penelitian ini menunjukkan bahwa (1) kepemilikan manajerial berpengaruh positif dan signifikan terhadap manajemen laba, (2) ukuran komite audit berpengaruh negatif dan signifikan terhadap manajemen laba, (3) kepemilikan institusional, proporsi dewan komisaris independen, dan ukuran dewan komisaris tidak berpengaruh terhadap manajemen laba, (4) manajemen laba berpengaruh positif terhadap kinerja keuangan, (5) kepemilikan institusional dan proporsi dewan komisaris independen berpengaruh terhadap kinerja keuangan melalui manajemen laba, (6) kepemilikan manajerial, ukuran dewan komisaris, dan ukuran komite audit berpengaruh secara langsung terhadap kinerja keuangan.
Kata Kunci : Mekanisme Corporate Governance, Manajemen Laba, Kinerja
Keuangan
iii ABSTRACT
The objective of this research is to examine the influence of corporate governance mechanism, namely managerial ownership, institusional ownership, presence of independent commissioner, size of commissioner, and size of audit committee to financial performance through earnings management.
This research used sampel from 11 real estate companies listed on Indonesia Stock Exchange, by using purposive sampling with certain criteria. The method of analysis of this research used multi regression and path analysis.
The results of this research show that (1) managerial ownership had positive significant influence to earnings management, (2) size of audit committee had negative significant influence to earnings management, (3)institusional ownership, presence of independent commissioner, and size of commissioner had not significant influence to earnings manajemen, (4)earning management had positive influence to financial performance, (5) institusional ownership and presence of independent commissioner had influence to financial performance through earnings management, (6) managerial ownership, size of commissioner, and size of audit committee had direct influence to financial performance.
Key Words : Corporate Governance Mechanism, Earnings Management, Financial Performance
