© 2020 |Published by Scholars Middle East Publishers, Dubai, United Arab Emirates 76
Scholars Bulletin
Abbreviated Key Title: Sch Bull
ISSN 2412-9771 (Print) |ISSN 2412-897X (Online)
Scholars Middle East Publishers, Dubai, United Arab Emirates
Journal homepage: https://saudijournals.com/sb
Subject Category: Economics
Influence of Manager Ownership, Manager Quality and Conservatism on
Earnings Quality: Evidence from Indonesian Banking Sector
Fazril Azi Nugraha
*
, Erna Setiany
Universitas Mercubuana Jakarta, Indonesia
DOI: 10.36348/sb.2020.v06i03.004 | Received: 19.03.2020 | Accepted: 26.03.2020 | Published: 30.03.2020
*Corresponding author: Fazril Azi Nugraha
Abstract
This study aims to look at the effect of manager ownership, manager quality, and conservatism on earnings quality in
banking companies in Indonesia. The population used in this study is banking companies listed on the Indonesian stock
exchange. The sample used was 41 banking companies on the Indonesia Stock Exchange in the period 2013-2018.
Purposive sampling is used in this study, based on sampling criteria, the number of observations was 218 unit of analysis.
The results of the study found that manager ownership has a positive and significant effect on the quality of accrual
earnings in companies in the banking sector, while manager quality and conservatism do not have a significant effect on
quality accrual earnings in a sample of banking sector companies in Indonesia.
Keywords: Banking Sector, Conservatism, Discretionary Accrual, Earning Quality, Free Cash Flow, Leverage,
Managerial Ownership, Manager Quality, Sales Growth.
Copyright @ 2020: This is an open-access article distributed under the terms of the Creative Commons Attribution license which permits unrestricted
use, distribution, and reproduction in any medium for non-commercial use (NonCommercial, or CC-BY-NC) provided the original author and source
are credited.
INTRODUCTION
The management makes financial statements
as a tool to provide financial information to
stakeholders including government, investors, creditors,
and other parties. The financial statement information is
carried out to meet the information needs of internal
and external stakeholders as the responsibility of
management. So that the report becomes a compulsory
source of information to be published and is a means of
management accountability towards the management of
the resources owned by investors and creditors.
According to Scott [1] Agency theory is a branch of
game theory to understand and learn how to design
contracts in order to motivate the minds of agents to act
in accordance with the wishes of the principal when
there is a conflict of interest between the agent and the
principal. Many studies that try to explain the
relationship between owners and managers and also
distrust of the performance of managers as
representatives of the owner are called agency problems
in agency theory. For one thing, management often has
great economic motivation to increase added value for
itself for two reasons. First, compensation for
management is related to financial performance. Then
the second, incentives related to job prospects
(position). Good performance in companies tends to get
promotions. Managers who can achieve the objectives
of the shareholders will get a better offer opportunity on
the job market ie high salaries [2]. To get these
incentives, one of them is through earnings
management. Agency theory is important to explain the
phenomenon that occurs in managers in reporting
corporate earnings or earnings management, causing
differences in the quality of earnings generated in the
report due to operational cycles and decision making by
managers. In this case, corporate governance is one
solution to reduce conflicts of interest. According to
Bloomfield [2], corporate governance becomes a
system to direct or control a company by determining
rights and responsibilities between the board, managers,
shareholders. Then outline the rules and procedures for
making decisions in the company. So that governance
can be a mechanism to resolve conflicts of interest.
Wherewith the governance can improve the quality of
earnings by ensuring that reported income is not made
up for a specific purpose.
Previous research on earnings management in
banks in Indonesia was carried out by Muid [3] and
Abbas [4] with accrual discretion used to calculate
earnings management carried out in banks in Indonesia.
While Faradilla [5] examines Islamic banking in