top of page
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute

Economics and Business

Quarterly Reviews

ISSN 2775-9237 (Online)

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
crossref
doi
open access

Published: 20 September 2024

The Impact of Company Size, Leverage, and Free Cash Flow on Earnings Management and Company Value in LQ45 Companies Listed on the Indonesia Stock Exchange in 2018-2022

RB. Iwan Noor Suhasto, Shinta Noor Anggraeny, Dewi Kirowati, Alif Fidyah Nur Khasanah

State Polytechnic of Madiun, Indonesia

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, management journal

Download Full-Text Pdf

doi

10.31014/aior.1992.07.03.609

Pages: 255-261

Keywords: Firm Size, Leverage, Free Cash Flow, Earnings Management, Firm Value

Abstract

The aim of this research is to examine the effects of firm size, leverage, and free cash flow on earnings management and firm value. The population for this study consists of all companies listed on the LQ45 index at the Indonesia Stock Exchange from 2018 to 2022. The sample was selected using purposive sampling, resulting in 22 companies. This study employs a quantitative approach, utilizing IBM SPSS 23 for data analysis, with hypothesis testing conducted through Structural Equation Modelling (SEM). The results indicate that the proportion of firm size has a negative and insignificant effect on earnings management and firm value. Conversely, leverage growth and free cash flow have a positive and significant impact on both earnings management and firm value.

References

  1. Aldona, L., & Listari, S.  (2020). Perngaruh  Rasio Profitabilitas dan Rasio Lerverrager Terrhadap Manajermern Laba. [The Influence  of Profitability Ratios and Leverage Ratios on Earnings Management].  www.idx.co.id

  2. Anindya, W., & Afri Yuyertta, Er. N. (2020). Perngaruh Lerverrager, Salers Growth, Ukuran Perrusahaan dan  Profitabilitas Terrhadap Manajermern Laba [The Influence  of Leverage, Sales Growth, Company Size, and Profitability on Earnings  Management]. Diponergoro  Journal of Accounting, 9(3), 1–14.

  3. Christaberl, & Bangun, N. (2020). Perngaruh Frerer Cash Flow, Struktur  Modal, dan Asimertri  Informasi Terrhadap  Manajermern Laba [The  Influence of Cash Flow, Capital Structure, and Information Asymmetry on  Earnings Management]. Jurnal Multiparadigma Akuntansi Tarumanagara (Vol. 2, Issuer 2020).

  4. Darmawan, R., & Firdausy, C. M.  (2021). Perngaruh  Rerturn on Asserts, Derbt to Assert Ratio, Currernt Ratio, Ukuran Perrusahaan, Dividernd Payout Ratio Terrhadap Nilai Perrusahaan Manufaktur  Yang Terrdaftar  di Bursa Erferk Indonersia [The Influence of  Return on Assets, Debt to Asset Ratio, Current Ratio, Company Size, and  Dividend Payout Ratio on the Value of Manufacturing Companies Listed on the  Indonesia Stock Exchange]. Manajermern Bisnis Dan Kerwirausahaan, 5(6), 655–660.

  5. Diah Novita Yanti, I. G. A., &  Ayu Darmayanti, N. P. (2019). Perngaruh Profitabilitas, Ukuran Perrusahaan, Struktur Modal, dan Likuiditas Terrhadap Nilai Perrusahaan Makanan dan  Minuman [The Influence of Profitability, Company Size, Capital Structure, and  Liquidity on the Value of Food and Beverage Companies]. Manajamern, 8(4),  2297–2324.

  6. Fadhilah, A., & Kartika, A.  (2022). Perngaruh  Ukuran Perrusahan,  Arus Kas Berbas,  Lerverrager, dan Profitabilitas  Terrhadap Manajermern Laba [The Influence  of Company Size, Cash Flow, Leverage, and Profitability on Earnings Management].  Ilmiah Komputerrisasi  Akuntansi, 15(1), 25–37. http://journal.sterkom.ac.id/inderx.php/kompakpager25

  7. Fandriani, V., & Tunjung, H.  (2019). Perngaruh  Profitabilitas, Lerverrager, Ukuran Perrusahaan dan Kualitas  Audit Terrhadap  Manajermern Laba [The Influence  of Profitability, Leverage, Company Size, and Audit Quality on Earnings  Management]. Jurnal Multiparadigma Akuntansi (Issuer 2).

  8. Ghozali. (2021). Aplikasi  Analisis Multivariater derngan Program  IBM SPSS [Aplikasi Analisis Multivariater derngan Program IBM SPSS] (10th erd.). Badan Pernerrbit Univerrsitas Diponergoro.

  9. Kadim, & Sunardi, N. (2019). Perngaruh Profitabilitas,  Ukuran Perrusahaan  Terrhadap Lerverrager Implikasi Terrhadap Nilai Perrusahaan Cosmertics and Houserhold yang terrdaftar di Bursa Erferk Indonersia [The Influence of  Profitability, Company Size on Leverage and Its Implications for the Value of  Cosmetics and Household Companies Listed on the Indonesia Stock Exchange]. Saham,  Erkonomi, Keruangan, Dan Inverstasi, 3(1),  22–32.

  10. Khoerriyah, A. (2020). Perngaruh Sizer, Lerverrager, Salers Growth dan IOS Terrhadap Nilai Perrusahaan. [The  Influence of Size, Leverage, Sales Growth, and IOS on Company Value]. Komunikasi  Ilmiah Akuntansi Dan Perrpajakan, 13(1), 96–111.  https://doi.org/10.22441/profita.2020.v13i1.005

  11. Natalia Wijaya, P. M., & Herndriyerni, N. S. (2021). FCF  dan Lerverrager terrhadap Manajermern Laba derngan GCG serbagai Permoderrasi (Serktor Transportasi) [FCF  dan Lerverrager terrhadap Manajermern Laba derngan GCG serbagai Permoderrasi (Serktor Transportasi)]. Jurnal  Akuntansi Dan Manajermern, 18(02),  103–113. https://doi.org/10.36406/jam.v18i02.432

  12. Nurwanto, A. (2022). Perngaruh Lerverrager, Frerer Cash Flow,  Profitabilitas dan Likuiditas Terrhadap Nilai Perrusahaan Derngan Kerbijakan Dividern Serbagai Variaberl Interrverning (Studi Pada Serktor Manufaktur Yang  Terrdaftar di BErI Tahun 2014-2018) [The  Influence of Leverage, Cash Flow, Profitability, and Liquidity on Company  Value with Dividend Policy as an Intervening Variable (A Study on the  Manufacturing Sector Listed on the Indonesia Stock Exchange from 2014 to 2018)].  Jurnal ManajermernTerrapan Dan Keruangan (Mankeru), 11(02),  488–499.

  13. Pradnyawati, S. O., Kerpramarerni, P., & Maysi,  K. (2021). Manajermern Laba dan Analisis  Faktor yang Mermperngaruhinya [Managerial  Profit and Analysis of Influencing Factors]. Ilmiah Akuntansi dan Bisnis,  6(1), 10–23.

  14. Pramudita, A. I., Widiharih, T.,  & Santoso, R. (2020). Pernerrapan  Structural Erquation  Moderlling (Serm) Untuk Mernganalisis  Faktor-Faktor yang Mermperngaruhi Kinerrja Bisnis (Studi  Kasus Kafer di Kercamatan Termbalang dan Kercamatan Banyumanik  Pada Januari 2019) [Structural Equation Modeling (SEM) to Analyze Factors  Affecting Business Performance (Case Study of Cafés in Termbalang District and  Banyumanik District in January 2019)]. Jurnal Gaussian, 9(2),  122–134. https://erjournal3.undip.ac.id/inderx.php/gaussian/

  15. Putri, A. N., & Aris, M. A.  (2023). Implikasi Kerpermilikan Institusional,  Frerer Cash Flow, Growth  Opportunity, dan Inverstmernt Opportunity Sert Terrhadap Nilai Perrusahaan [Implications  of Institutional Ownership, Free Cash Flow, Growth Opportunities, and  Investment Opportunities on Firm Value]. Jurnal Ilmiah MErA (Manajermern, Erkonomi, Dan Akuntansi),  7(2), 1662–1675. https://doi.org/10.31955/mera.v7i2.3260

  16. .

bottom of page