THE INFLUENCE OF GCG ON FINANCIAL PERFORMANCE WITH EARNINGS MANAGEMENT AS THE INTERVENING VARIABLE
Abstrak
Introduction/Main Objectives: This study investigates how good corporate governance influences the financial performance of Sharia Commercial Banks (BUS) in Indonesia, focusing on the mediating role of earnings management through independent board of commissioners and audit committees. Background Problems: While previous research has linked good corporate governance to financial performance, the impact of earnings management on this relationship remains unclear. This research aims to clarify whether earnings management mediates the relationship between corporate governance (independent board of commissioners and audit committee) and financial performance in BUS. Novelty: This research contributes by examining the mediating role of earnings management specifically in the context of Sharia Commercial Banks. It analyzes data from BUS companies between 2018 and 2021, providing insights into these dynamics within a unique sector. Research Methods: Population: Sharia Commercial Banks (BUS) in Indonesia (2018-2021). Sample: 40 companies selected through purposive sampling based on specific criteria. Data Analysis: Partial Least Squares (PLS) method using SmartPLS software version 4.0. Finding/Results: 1. The independent variables, independent board of commissioners, and audit committee, do not significantly affect financial performance. 2. These variables also do not significantly affect earnings management. 3. Earnings management significantly influences financial performance. 4. Earnings management does not mediate the relationship between good corporate governance (independent board of commissioners and audit committee) and financial performance. Conclusion: This study suggests that while independent board of commissioners and audit committees may not directly impact financial performance in Sharia Commercial Banks, earnings management does play a significant role. Surprisingly, earnings management does not act as a mediator between corporate governance and financial performance in this specific context. Further research is needed to understand these findings and explore alternative mediating factors.Referensi
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Eksandy, A. (2018). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Pada Perbankan Syari’Ah Indonesia. Jurnal Akuntansi : Kajian Ilmiah Akuntansi (JAK), 5(1), 1. https://doi.org/10.30656/jak.v5i1.498
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Indriyani, R. A. (2019). Analisis Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Bank Umum Syariah. AKURASI: Jurnal Riset Akuntansi Dan Keuangan, 1(2), 111–120.
Istianingsih. (2017). Deteksi Manajemen Laba Melalui Discretionary Revenue dan Aktifitas Riil: Implikasi Penerapan Good Corporate Governance. Jurnal Riset Akuntansi Dan Keuangan, 4(3), 1125–1142. https://doi.org/10.17509/jrak.v4i3.4666
Mahrani, M., & Soewarno, N. (2018). The effect of good corporate governance mechanism and corporate social responsibility on financial performance with earnings management as mediating variable. Asian Journal of Accounting Research, 3(1), 41–60. https://doi.org/10.1108/AJAR-06-2018-0008
Miftah, E. (2018). Mekanisme Good Corporate Governance terhadap Manajemen Laba Dan Kinerja Keuangan Perusahaan. Jurnal Riset Bisnis Dan Manajemen, 9(1), 80–87. https://doi.org/10.34010/jra.v9i1.534
Monika Wulanda, N. A. (2019). Pengaruh Corporate Governance Terhadap Nilai Perusahaan dan Manajemen Laba Sebagai Variabel Intervening. AKTSAR: Jurnal Akuntansi Syariah, 2(1), 83. https://doi.org/10.21043/aktsar.v2i1.5518
Nur Hisamuddin, M. Y. T. (2019). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Bank Umum Syariah. AKURASI: Jurnal Riset Akuntansi Dan Keuangan, 1(2), 111–120. https://doi.org/10.36407/akurasi.v1i2.117
Suryani, M. R. (2018). Pengaruh Mekanisme Good Corporate Governance terhadap Manajemen Laba dan Pengaruhnya terhadap Kinerja Keungan. News.Ge, https://news.ge/anakliis-porti-aris-qveynis-momava.
Wahyuningsih, D. (2020). Pengaruh Struktur Good Corporate Governance Terhadap Kinerja Perusahaan Dan Manajemen Laba. Jurnal Akuntansi Trisakti, 7(2), 287–302. https://doi.org/10.25105/jat.v7i2.6254
Zurriah, R. (2017). Pengaruh Good Corporate Governance, Arus Kas Bebas, Ukuran Perusahaan Dan Leverage Terhadap Praktek Manajemen Laba. Jurnal Akuntansi Dan Bisnis, 3(1), 50–60. http://ojs.uma.ac.id/index.php/jurnalakundanbisnis/article/view/424
Books
Ghozali, I. (2011). Aplikasi Analisis Multivariate Dengan Program SPSS (5th ed.). Badan Penerbit Universitas Diponegoro.
Luki Kurniawan, Z. (2021). Good Corporate Governance (GCG) dan Komite Audit. Zurra Infigro Media.
Eksandy, A. (2018). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Pada Perbankan Syari’Ah Indonesia. Jurnal Akuntansi : Kajian Ilmiah Akuntansi (JAK), 5(1), 1. https://doi.org/10.30656/jak.v5i1.498
Fioren, I. (2017). Pengaruh Good Corporate Governance dan Leverage Terhadap Manajemen Laba. Jurnal Riset Mahasiswa Akuntansi, 19(2). https://doi.org/10.21067/jrma.v6i2.4218
Holly, A., & Lukman, L. (2021). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Dan Manajemen Laba Terhadap Kinerja Keuangan. Ajar, 4(01), 64–86. https://doi.org/10.35129/ajar.v4i01.159
Indriyani, R. A. (2019). Analisis Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Bank Umum Syariah. AKURASI: Jurnal Riset Akuntansi Dan Keuangan, 1(2), 111–120.
Istianingsih. (2017). Deteksi Manajemen Laba Melalui Discretionary Revenue dan Aktifitas Riil: Implikasi Penerapan Good Corporate Governance. Jurnal Riset Akuntansi Dan Keuangan, 4(3), 1125–1142. https://doi.org/10.17509/jrak.v4i3.4666
Mahrani, M., & Soewarno, N. (2018). The effect of good corporate governance mechanism and corporate social responsibility on financial performance with earnings management as mediating variable. Asian Journal of Accounting Research, 3(1), 41–60. https://doi.org/10.1108/AJAR-06-2018-0008
Miftah, E. (2018). Mekanisme Good Corporate Governance terhadap Manajemen Laba Dan Kinerja Keuangan Perusahaan. Jurnal Riset Bisnis Dan Manajemen, 9(1), 80–87. https://doi.org/10.34010/jra.v9i1.534
Monika Wulanda, N. A. (2019). Pengaruh Corporate Governance Terhadap Nilai Perusahaan dan Manajemen Laba Sebagai Variabel Intervening. AKTSAR: Jurnal Akuntansi Syariah, 2(1), 83. https://doi.org/10.21043/aktsar.v2i1.5518
Nur Hisamuddin, M. Y. T. (2019). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Bank Umum Syariah. AKURASI: Jurnal Riset Akuntansi Dan Keuangan, 1(2), 111–120. https://doi.org/10.36407/akurasi.v1i2.117
Suryani, M. R. (2018). Pengaruh Mekanisme Good Corporate Governance terhadap Manajemen Laba dan Pengaruhnya terhadap Kinerja Keungan. News.Ge, https://news.ge/anakliis-porti-aris-qveynis-momava.
Wahyuningsih, D. (2020). Pengaruh Struktur Good Corporate Governance Terhadap Kinerja Perusahaan Dan Manajemen Laba. Jurnal Akuntansi Trisakti, 7(2), 287–302. https://doi.org/10.25105/jat.v7i2.6254
Zurriah, R. (2017). Pengaruh Good Corporate Governance, Arus Kas Bebas, Ukuran Perusahaan Dan Leverage Terhadap Praktek Manajemen Laba. Jurnal Akuntansi Dan Bisnis, 3(1), 50–60. http://ojs.uma.ac.id/index.php/jurnalakundanbisnis/article/view/424
Books
Ghozali, I. (2011). Aplikasi Analisis Multivariate Dengan Program SPSS (5th ed.). Badan Penerbit Universitas Diponegoro.
Luki Kurniawan, Z. (2021). Good Corporate Governance (GCG) dan Komite Audit. Zurra Infigro Media.
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