Pengaruh Free Cash Flow Dan Leverage Terhadap Manajemen Laba Dengan Corporate Governance Sebagai Variebel Moderasi

Ria Hartati

Abstract


ABSTRACT-This study aims to influence free cash flow and leverage to earning management and to ability
analyze corporate governance as moserating variable. This sample in research is manufacturing listed in
Indonesia stock exchange, use purposive sampling during years 2011-2014. In this research that were one
variable dependent, two variabel independent and four variabel moderating. Dependent variable is earning
management, independent variable is free cash flow and leverage. Moderating variable in this study consist of
institusional ownership, manajerial ownership, quality audits and independent board. The result showed that
free cash flowhad negative significant influence on earning management. But leverage not significantly
influence on earning management. Moderating variable that influence the relationship of free cash flow to
earning management is institusional ownership, manajerial ownership, quality audits and independent board.
Meanwhile moderating variable leverage not influence the relationship to earning management. Institusional
ownership, managerial ownership and independent board is not variable moderating.


Keywords: Free cash flow, Leverage, Earning Management, Institusional ownership, managerial ownership,
audits quality and independent board.


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DOI: https://doi.org/10.58217/joce-ip.v12i2.73

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