ANALISIS PENGARUH MEKANISME INTERNAL DAN EKSTERNAL CORPORATE GOVERNANCE TERHADAP PERSISTENSI LABA
Abstract: This research aims
to analyze the affect of internal and external corporate governance mechanism
on earning persistence. Earnings persistence is defined as the profit that can
be used as an indicator of future earnings, in other words, the persistence of
the earnings of a company's ability to survive in the future. Variabel
independent used in this study is Internal corporate governance mechanisms
(ownership concentration, institutional ownership, and audit committe) and
external corporate governance mechanisms (audit tenure, industry specialize
audit firm, and leverage). The dependent variabel used in this study is earning
persistence in observations 2012 and 2013. The population of this research is
132 companies in the manufacturing sector which were listed in Indonesian Stock
Exchange (IDX). The research data were collected from manufacturing companies
financial statement for the period of 2012 and 2013. Based on purposive
sampling method, there are 98 samples.
The reseacrh hypotesis were tested using multiple linear regression analysis.
The results of this research showed that ownership concentration, audit
commite, leverage and industry specialize audit firm has positive and
significant effect on earning persistence. While institutional ownership and
audit tenure has no significant effect on earning persistence
Keywords: earning persistence,
internal corporate governance mechanism, external corporate governance
mechanisms, agency theory
Penulis: Tri Junawatiningsih,
Puji Harto
Kode Jurnal: jpakuntansidd140917
