PENGARUH MANAJEMEN LABA DAN EFEKTIVITAS KOMITE AUDIT TERHADAP NILAI PERUSAHAAN

Abstract

This research was conducted to gain understanding and provide empirical evidence regarding the effect of earnings management and audit committee effectiveness on firm value with the control variable firm size. This study uses earnings management as a variable as measured by discretionary accruals and audit committee effectiveness as measured by the number of audit committee meetings. The discretionary accrual model used in this study uses the modified Jones model. In terms of the dependent variable, firm value is measured using the Tobins'Q. Firm size control variable is measured using total assets. The research sample used in this study were 90 companies listed on the Indonesia Stock Exchange. The research data used the period from 2012 to 2016 and was processed using the SPSS program for Windows version 22.0. The results of this study indicate that earnings management and audit committee effectiveness have a positive effect on firm value. Meanwhile, firm size has a significant negative effect on firm value.