The Effect of Financial Distress, Ownership Structure, and Other Factors on Profit Management
DOI:
https://doi.org/10.55927/fjbes.v2i1.620Kata Kunci:
Earnings Management, Financial Distress, Managerial Ownership, Institutional Ownership, Audit Quality, Firm Age.Abstrak
This research aims to obtain empirical evidence regarding the effect of financial distress, managerial ownership, institutional ownership, audit quality, firm age, firm size, profitability, and leverage on earnings management. The research object in this study consists of all manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period of 2022 to 2024. The sample was selected using the purposive sampling method, and the data was analyzed using multiple linear regression. From this process, 70 companies with a total of 210 observations successfully met the research criteria. The results of this study indicate that audit quality has a negative effect on earnings management. A high level of audit quality is considered capable of increasing public confidence in the reliability of financial statements, thereby reducing the possibility of earnings management practices. Meanwhile, financial distress, managerial ownership, institutional ownership, firm age, firm size, profitability, and leverage are found to have no effect on earnings management.
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