PENGARUH STRUKTUR KEPEMILIKAN MANAJERIAL, VOLATILITAS PENJUALAN, DAN KOMITE AUDIT TERHADAP KUALITAS LABA DENGAN ASIMETRI INFORMASI SEBAGAI VARIABEL PEMODERASI (Studi pada perusahaan pertambangan yang terdaftar di Bursa Efek Indonesia tahun 2014-2017)

Abstract

Earning quality is related to decision making by parties who is using
company’s financial statements. The higher the quality of earnings reported, the
smaller the risk caused by wrong decision making because quality earnings are
able to present the company's situation better, and are able to be used to predict
possibilities in the future. The purpose of this study was to see the effect of
independent variables such as managerial ownership structure, sales volatility,
and audit committee with information asymmetry as moderating variables on
earnings quality as measured by three proxies; accrual quality, persistence, and
predictability. The research sample on this researh is companies in the mining
sector that were listed on the Indonesia Stock Exchange in 2013-2017. The results
showed that the ownership structure did not affect earnings quality, sales
volatility had an negative effect on earnings quality, and the audit committee had
a positive effect on earnings quality. The results of the moderation regression
analysis shows that information asymmetry does not moderate the relationship of
managerial ownership to earnings quality, but it moderates the relationship
between sales volatility and audit committee on earnings quality.