| dc.description.abstract | This study examined the antecedents and consequence variables of earnings management. This
study explained the motive of earnings management practices by public property and real estate
companies in Indonesia: opportunistic or efficient. Based on developing the hypotheses, the theory
was an agency, positive accounting, and signaling theories. This study was explanatory research,
which aims to explain the causal relationship between variables through hypothesis testing. This
research's data were financial statements of public companies in Indonesia's property and real
estate sector (2014-2018) with some criteria. There are 60 firm-years data used in the analysis.
Hypothesis testing uses multiple linear regression two-stage. The first stage of testing examined the
influence of earnings management factors, followed by the second stage of testing to reviewed the
consequences of earnings management practices. The results showed debt and independent
commissioners affect earnings management. Management performs more dominant earnings
management because of opportunistic interests than maintaining market value and its
shareholders' interests. The implication of this research was to provide a comprehensive discourse
on the motives for earnings management behavior in Indonesia. | en_US |
