Title: THE INFLUENCE OF REAL EARNINGS MANAGEMENT ON EXECUTIVE REMUNERATION WITH CFO ACCOUNTANT AS A MODERATION VARIABLE
Author: SARI RATIH NUR ISTIQOMAH
Affiliations: Master of Accounting Study Program, Faculty of Economics and Business, Universitas Airlangga Surabaya
Publisher: Universitas Airlangga
Abstract
This research aims to examine the effect of real earnings management on executive remuneration with the accountant CFO as a moderating variable. This research uses a sample of companies from all sectors except financial sector companies listed on the Indonesia Stock Exchange for the 2012-2017 period. The total sample in this study was 1,799 observations with details, namely 270 observations in 2012, 302 observations in 2013, 308 observations in 2014, 302 observations in 2015, 301 observations in 2016 and 316 observations in 2017. Technique The analysis used in this research is multiple linear regression analysis and moderated regression with the STATA 12.0 program. The research results show that when real earnings management is measured comprehensively it has a significant positive influence on executive remuneration. The research results also show that each real earnings management method individually has a significant influence on executive remuneration. The accountant CFO was proven to be able to comprehensively moderate the influence of real earnings management, abnormal operating cash flow, and abnormal production costs on executive remuneration, while the influence of abnormal discretionary expenses on executive remuneration was not proven to be moderated by the accountant CFO.
Keywords: Real Earnings Management, CFO Accountant, Executive Remuneration
Sources: http://repository.unair.ac.id/87345/
