PENGARUH BESARAN PERUSAHAAN, FINANCIAL LEVERAGEDAN NET PROFIT MARGIN (NPM) TERHADAP PRAKTIK PERATAAN LABA (INCOME SMOOTHING) PADA PERUSAHAAN INDUSTRI DASAR DAN KIMIA DI BURSA EFEK INDONESIA
Abstract: The aim of this
study isto examine the influence of company’s characteristics toward income
smoothing practice among listed basic and chemical companies at Indonesia Stock
Exchange. The factors being examined were size of the company, company’s
financial leverage ratios, and company’s net profit margin ratios. Index Eckel
is used to determine the income smoothing practice. The object of income
smoothing in this study is the net profit of the company. The study was using
61 basic and chemical companies listed in Indonesia Stock Exchange, with a
period between 2003-2005. The hypothesis was tested using Multiple Linier
Regression. Both t-test and F-test have also been used to test the significance
of the study hypothesis. The result of this study showed that some of basic and
chemical companies listed at Indonesia Stock Exchange were committed to income
smoothing practice. Multiple Linier Regression showed that both partially and
simultaneously, size of the company, company’s financial leverage ratios, and
company’s net profit margin ratios didn’t prove to have a significant influence
on income smoothing.
Penulis: Bunga Maharani
Kode Jurnal: jpakuntansidd120423
