Peran Kepemilikan Manajerial Memoderasi Tingkat Hutang, Ukuran Perusahaan, Arus Kas Operasi Terhadap Persistensi Laba

Muhamad Robi  Salam; Muhammad Nuryatno  Amin

doi:10.33395/owner.v8i3.2182

Authors

Muhamad Robi Salam Universitas Trisakti, Jakarta
Muhammad Nuryatno Amin Universitas Trisakti, Jakarta

DOI:

10.33395/owner.v8i3.2182

Keywords:

Debt Levels; Earnings Persistence; Firm Size; Managerial Ownership; Operating Cash Flow

Abstract

This study uses management ownership as a moderating variable to examine the effects of debt levels, firm size, and operating cash flow on earnings persistence. Quantitative approaches are employed in this study. Up to 80 samples were selected via purposive selection, with the population of this study consisting of industrials sector companies listed on the Indonesia Stock Exchange in 2019–2022. Multiple linear regression analysis models and moderated regression analysis (MRA) were used for the hypothesis testing, with the moderator variables being tested. The results of this research based on partial testing (t test) probability value of the debt level variable is 0.008. The firm size variable is 0.032. The operating cash flow variable is 0.160. The managerial ownership variable is 0.014. The degree of debt and management ownership have an interaction variable of 0.016. The interaction variable between firm size and managerial ownership is 0.010. Additionally, managerial ownership and operating cash flow interact with a coefficient of 0.132. Known that debt levels and firm size have positive effect on profit persistence, while operating cash flow has no effect on profit persistence. The moderating effect of managerial ownership can amplify the favorable impact of debt levels on earnings persistence. However, the favorable impact of company size and operating cash flow on earnings persistence cannot be amplified by managerial ownership

Downloads

Download data is not yet available.

Plum-X Analityc

References

Annisa, R., & Kurniasih, L. (2017). Analisis Pengaruh Perbedaan Laba Akuntansi Dengan Laba Fiskal Dan Komponen Laba Terhadap Persistensi Laba. JAB: Jurnal Akuntansi dan Bisnis, 17(1), 61–75. https://doi.org/http://dx.doi.org/10.20961/jab.v17i1.221

Dayanti, K. A. T., Yoga, I. G. A. P., & Rini, G. A. I. S. (2021). The Effect of Accrual Reability, Debt Level, and Cash Flow Volatility on Earning Persistence. International Journal of Environmental, Sustainability, and Social Sciences, 2(1), 7–10. https://doi.org/https://doi.org/10.38142/ijesss.v2i1.56

Denita, O., & Safii, M. (2022). Pengaruh Tingkat Hutang, Arus Kas Operasi, Penghindaran Pajak dan Likuiditas terhadap Persistensi Laba. Jurnal Revenue, 3(1), 279–289. https://doi.org/https://doi.org/10.46306/rev.v3i1.141

Giri, K. R. A., & Darmawan, N. A. S. (2022). Pengaruh Kepemilikan Manajerial, Volatilitas Penjualan dan Ukuran Perusahaan Terhadap Persistensi Laba (Studi Empiris Pada Perusahaan Sektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2019-2020). Jurnal Akuntansi Profesi, 13(3), 827–836. https://doi.org/https://doi.org/10.23887/jap.v13i3.53861

Gunawan, Y., & Gurusinga, L. B. (2022). Analisis Pengaruh Tingkat Hutang, Arus Kas Operasi dan Volatilitas Penjualan Terhadap Persistensi Laba. Kumpulan Riset Akuntansi, 14(1), 114–122. https://doi.org/https://doi.org/10.22225/kr.14.1.2022.114-122

Hastutiningtyas, P. D., & Wuryani, E. (2019). Pengaruh Volatilitas Arus Kas dan Kepemilikan Manajerial terhadap Persistensi Laba. AKUNESA: Jurnal Akuntansi Unesa, 7(3), 1–11.

Mahendra, M. E., & Suardikha, I. M. S. (2020). Pengaruh Tingkat Hutang, Fee Audit, dan Konsentrasi Pasar Pada Persistensi Laba. E-Jurnal Akuntansi, 30(1), 179–193. https://doi.org/https://doi.org/10.24843/EJA.2020.v30.i01.p13

Mumtazah, F., & Purwanto, A. (2020). Analisis Pengaruh Kinerja Keuangan dan Pengungkapan Lingkungan terhadap Nilai Perusahaan. Diponegoro Journal of Accounting, 9(2), 1–11.

Munir, M., & Widiatmoko, J. (2022). Pengaruh Struktur Kepemilikan dan Komite Audit terhadap Persistensi Laba. Jurnal Ilmiah Akuntansi Peradaban, 8(2), 434–446.

Nurdiniah, D., Oktapriana, C., Meita, I., & Yanti, M. D. (2021). Impact of Leverage and Firm Size on Earnings Persistence with Managerial Ownership as Moderating Variables. EJBMR: European Journal of Business & Management Research, 6(5), 132–139. https://doi.org/10.24018/ejbmr.2021.6.5.1080

Oktavia, M., & Susanto, Y. K. (2022). The Determinant Factors of Earning Persistence. JEJ: Jambura Equilibrium Journal, 4(1), 1–12. https://doi.org/https://doi.org/10.37479/jej.v4i1.13087

Olivia, V. E. (2021). Pengaruh Akrual, Arus Kas Operasi, Leverage, dan Ukuran Perusahaan terhadap Persistensi laba. Jurnal Paradigma Akuntansi, 3(4), 1379–1387. https://doi.org/https://doi.org/10.24912/jpa.v3i4.14934

Pernamasari, R. (2018). The Effect of Accrual Earnings, Corporate Governance, and Firm Size on Earnings Persistence of 100 Compass Index Companies Listedn 2015-2016. Journal of Economics and Sustainable Development, 9(10), 196–205.

Pratomo, D., & Nauraulia, A. N. (2021). Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial dan Konsentrasi Kepemilikan terhadap Persistensi Laba. Jurnal Bisnis Dan Akuntansi, 3(1), 13–22. https://doi.org/https://doi.org/10.34208/jba.v23i1.761

Sabila, R. F., Evana, E., & Septiyanti, R. (2021). Analysis of the Effect of Operating Cash Flow, Leverage, and Firm Size on Earnings Persistence. Journal Dimensie Management and Public Sector, 2(3), 43–50. https://doi.org/https://doi.org/10.48173/jdmps.v2i3.104

Tambunan, A. L. (2021). Analisis Pengaruh Financial Leverage, Ukuran Perusahaan, dan Struktur Kepemilikan terhadap Persistensi Laba. Jurnal Akuntansi, Keuangan dan Perpajakan, 4(1), 1–13.

Widiatmoko, J., & Indarti, M. K. (2019). Book Tax Differences, Operating Cash Flow, Leverage and Earning Persistence in Indonesia Manufacturing Companies. Jurnal Dinamika Akuntansi, 11(2), 79–91. https://doi.org/https://doi.org/10.15294/jda.v11i2.20481

Wisudawati, B., & Achyani, F. (2022). The Effect of Audit fee, Good Corporate Governance, Managerial Ownership, Debt Level, Operational Cash Flow Volatility and Firm Size on Earnings Persistence. The International Journal of Business Management and Technology, 6(4), 79–91.