PENGARUH PERUBAHAN RETURN ON ASSETS, PERUBAHAN PERATING PROFIT MARGIN, DAN UKURAN PERUSAHAAN TERHADAP KEMUNGKINAN PRAKTIK PERATAAN LABA PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA [JURNAL]
ABSTRACT
The objective of this research was to prove the influence of Return
On Assets (ROA) changes, Operating Profit Margin (OPM) changes, and
the size of the company towards the probability of income smoothing
practice. Income smoothing practice is a practice used by the managers of
a company to reduce the fluctuation of the reported income so as to
increase investors’ abilities to forecast the companies’ cash flows in the
future. Index Eckel was used to determine the income smoothing practice.
This research was carried out by using 90 manufacture companies
listed in Indonesia Stock Exchange during 5 years period from 2003 until
2007. The hypotheses were tested using binary logistic regression.
The first hypothesis was done to prove the positive influence of
ROA changes towards the probability of income smoothing practice. The
second hypothesis was conducted to examine the positive influence of
OPM changes towards the probability of income smoothing practice. The
last hypothesis was carried out to test the positive influence of the size of
the company towards the probability of income smoothing practice. The
result of this research indicated that 54 out of 90 companies which were
used as samples committed income smoothing practices. The output of
binary logistic regression showed that ROA changes and OPM changes
had positive effects towards the probability of income smoothing practice.
However, the size of the company did not affect the probability of income
smoothing practice.
Keywords: ROA changes, Operating Profit Margin (OPM) changes,
the size of the company, the probability of income smoothing practice
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