ANALISIS PENGARUH KARAKTERISTIK PERUSAHAAN TERHADAP TINDAKAN PERATAAN LABA YANG DILAKUKAN OLEH PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK JAKARTA

SNA VIII Solo, 15 – 16 September 2005

AUTHOR:
EDY SUWITO----STIE Trisakti
ARLEEN HERAWATY-----STIE Trisakti

ABSTRACT:

The aimed of this study was to examine the influence of company’s characterictics toward income smoothing practice among listed companies at Jakarta Stock Exchange. Income smoothing practice used by the management to diminish the variability of a stream of reported income numbers related to some perceived target stream by manipulating artificial (accounting) and real (transactional) variables (Koch, 1981).

The factors being examined were industrial type, size of the company, company’s profitability ratios, company’s operating leverage ratios and company’s net profit margin. Index Eckel is used to  determine the income smoothing practice. The object of income smoothing in this study is the net profit of the company. The study was using 60 companies listed in Jakarta Stock Exchange, with a period between 2000-2002.

The hypothesis was tested using binary logistic regression. The first hypothesis was used to examine the influence of industrial type of the company to income smoothing. The second hypothesis was used to examine the influence of size of the company to income smoothing. The third hypothesis was used to examine the influence of company’s profitability ratios to income smoothing. The fourth hypothesis was used to examine the influence of company’s operating leverage ratios to income smoothing. The fifth hypothesis was used to examine the influence of company’s net profit margin to income smoothing.

The result of this study showed that some of the listed companies at Jakarta Stock Exchange were committed to income smoothing practice. Binary logistic regression showed that industrial type, size of the company, company’s profitability ratios, company’s operating leverage ratios and company’s net profit margin did not have significant influence to income smoothing.

Keywords: Industrial type, size of the company, company’s profitability ratios, company’s operating leverage ratios, company’s net profit margin, income smoothing.

FULL TEXT: FREE DOWNLOAD PERATAAN LABA