PENGARUH MANAJEMEN LABA, ASIMETRI INFORMASI, CORPORATE GOVERNANCE, DAN PERAN KUALITAS AUDIT DALAM MEMODERASI MANAJEMEN LABA DAN ASIMETRI INFORMASI TERHADAP BIAYA MODAL EKUITAS

Abstrak

This study aims to determine the Influence of Profit Management, Information Asymmetry, Corporate Governance, and the Role of Audit Quality in Moderating Profit Management and Information Asymmetry on the Cost of Equity Capital. The object of this research is a manufacturing company listed on the Indonesia Stock Exchange for the 2019-2023 period. The sample in this study was 16 companies selected using the purposive sumpling method. The data used in this study is secondary data. The analysis technique was carried out by panel data regression analysis technique processed using eviews 12. The results of this study show that, Profit Management, and Information Asymmetry have a significant positive effect on the Cost of Equity Capital, corporate Governance, Leverage, the interaction of Audit Quality moderation and Profit Management, the interaction of Audit Quality moderation and Information Asymmetry has a negative and insignificant effect on the cost of equity capital.

Kata kunci

• Corporate Governance
• Cost of Equity Capital
• Information Asymmetry
• SIZE
• SPREADit
• earning Management
• leverage