PENGARUH EARNING MANAGEMENT DALAM MEMEDIASI PERAN CORPORATE GOVERNANCE, CAPITAL STRUCTURE DAN LIKUIDITAS TERHADAP KINERJA KEUANGAN

Abstrak

This study aims to examine the role of earnings management in mediating the influence of corporate governance, capital structure, and liquidity on financial performance in property and real estate companies. The population of this study is all property and real estate companies listed on the Indonesia Stock Exchange (IDX) in the period 2018–2024. The sampling technique used a purposive sampling method with a sample size of 15 companies. Thus, the number of observations is 105. The study uses panel data obtained from annual financial statements and Annual Reports for 7 years. The analytical tool used in this study is panel data mediation regression. The results show that GCG has a significant effect on financial performance both through JRDK and JRKA. DER also has a significant effect on ROE, both directly and through increasing assets. CR has a significant effect on TA, but does not always consistently affect ROE. TA is proven to have a significant effect on ROE, but its role as a mediating variable is not consistently proven because most of the relationships between independent variables and earnings management are insignificant. This indicates that earnings management practices are not solely a means of improving a company's financial performance.

Kata kunci

• Corporate Governance
• Earnings Management
• Financial performance
• Liquidity
• capital structure