PENGARUH ASIMETRI INFORMASI TERHADAP PRAKTIK MANAJEMEN LABA PADA PERUSAHAAN PERBANKAN PUBLIK YANG TERDAFTAR DI BURSA EFEK JAKARTA
Dra. Rahmawati, Msi, Ak*
Drs. Yacob Suparno, Msi, Ak*
Nurul Qomariyah, SE***
The purpose of this research is to find out whether available significant positive effect between information asymmetry and earnings management. The hypothesis (Ha) in this research is available significant positive effect between information asymmetry and earnings management.
This research is designed as a empiris study. The population of this research are public Indonesian banking firms in 2000 until 2004. The purposive sampling is used to collect 120 samples. Assumption classic tests are done, there are normality test with Jarque-Bera (JB) Test of Normality, heteroskedasticity test with White Heteroskedasticity test, multicolinearity test with VIF test and autocorrelation test with Durbin-Watson test. The hypothesis is tested by t – test and F – test.
The result of hypothesis testing show that regression coefficient are significant (p value < 0.05), so Ha are accepted or available significant positive effect between information asymmetry and earnings management.
R2 value is 0.358355 that mean 35.84% dependent variable earnings management can be explained by independent variable information asymmetry, and control variable CFVAR, GROWTH, SIZE, MKTBV and then 64.16% explained by another factor out side in the regression model but in the regression between dependent variable earnings management with control variable resulted R2 value 0.417227 and then in the regression between dependent variable earnings management with independent variable information asymmetry resulted R2 value 0.183306 so control variable more explaine dependent variable earnings management. Independent variable information asymmetry has significant positive effect and can explaine dependent variable earnings management 18%.
Keywords : information asymmetry, earnings management, discretionary accruals