PENGARUH ASIMETRI INFORMASI DAN PENERAPAN MEKANISME GOOD CORPORATE GOVERNANCE (GCG) TERHADAP PRAKTIK MANAJEME LABA (Studi Empiris pada Perusahaan LQ-45 yang listed di BEJ)

Abstract

The objective of this study is to examine the influence of information asymmetry and good corporate governance (GCG) mechanism, namely presence of independent of board of commisioner, size of board of commisioner, and managerial ownership to earnings management. This study takes sample from 23 companies in the LQ-45 index at the Jakarta Stock Exchange, which were published in financial report from 2005-2006. The method of analysis of this research used multi regression. The results of this study show that (1) information asymmetry had significant influence to earnings management, (2) presence of independent of board of commisioner had not significant influence to earnings management, (3) size of board of commisioner had significant influence to earnings management, (4) managerial ownership had not significant influence to earnings management, (5) and simultaneously of information asymmetry, presence of independent of board of commisioner, size of board of commisioner, and managerial ownership had not significant influence to earnings management.