PENGARUH OVERVALUED EQUITIES TERHADAP TARIF AUDIT DENGAN MANAJEMEN LABA SEBAGAI VARIABEL PEMODERASI (Studi Empiris Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2010-2012)
Abstract: The purpose of this
study was to examine the effect on audit fees overvalued equities with earnings
management as a moderating variable. This study uses the variable Rate Audit as
the dependent variable, the dependent variable is measured using the cost index
of financial statements in accordance professional manufacturing company.
Overvalued equities are used as independent variables, overvalued equities can
be determined by using three proxies, the Price Earning Ratio (PER), Price Book
Value (PBV), and the Abnormal Return (ABnRET). This study also uses earnings
management as a moderator variable, determined by earnings management In
addition, this study also adds four control variables, Sales Growth, Big4, ROA,
and Leverage.
This study used 148 manufacturing company, samples that was used were
selected by purposive sampling method. After reduction with some criteria so
that the samples used were 60 companies listed in Indonesia Stock Exchange
(IDX) during 2010-2012. The analytical method used was Ordinary Least Squares
regression (OLS). Before doing the regression test, this study tested the
classical assumptions first.
Results of hypothesis testing showed that Overvalued Equities positive
effect on audit fees, but in contrast to the results of Price Earning Ratio
(PER) expressed a negative effect on audit fees. Other results noted that Sales
Growth, Big4, Leverage, ROA is positively related to the Audit Fees. While the
results of Earnings Management as moderating variables revealed no significant
effect on the interaction between overvalued equities with Audit Fees. Overall
it can be concluded from these results that Overvalued Equities may affect
audit fees but not with earnings management as a moderator variable between the
two variables is expressed negatively related research. Measurement of earnings
management using the modified Jones model.
Penulis: Renaldo Surya
Pramudyatama, Sugeng Pamudji
Kode Jurnal: jpakuntansidd140910
