Erwin, Erwin
(2018)
The impact of adoption of international financial reporting standards (IFRS) on real and accrual earnings management: analysis on manufacturing companies listed in Indonesia stock exchange for the period 2015-2017.
Bachelor thesis, Universitas Pelita Harapan.
Full text not available from this repository.
Abstract
The primary objective of this research study is to analyze the effects of the adoption of IFRS on both accrual earnings management and real earnings management. The variables used in this study includes IFRS adoption, accrual earnings management (proxied by discretionary accruals, DA), and real earnings management (proxied by abnormal cash flow from operations, AbnCFO and abnormal production costs, AbnPROD). Discretionary accruals modified Jones model by Dechow et al (1995) is used for the measurement of accrual earnings management. The real earnings management measurement is based on the proxies established by Rowchowdhury (2006). The data is secondary data which are manufacturing companies listed in Indonesia Stock Exchange. This study uses a total of 139 firm-years observation of manufacturing companies listed in Indonesia Stock Exchange during the period of 2015-2017 which have been selected by purposive sampling technique. The multiple linear regressions through Statistical Package for Social Sciences 23 (SPSS 23) is used as analysis model in this research. The result of this study reveals that the adoption of IFRS positively affects the accrual earnings management, the result of the research is based on the agency theory and positive accounting theory that involves opportunistic perspective in earnings management. On the contrary, the adoption of IFRS does not influence real earnings management that is proxied by abnormal cash flow from operations and abnormal production costs.
Actions (login required)
 |
View Item |
