THE EFFECT OF INSTITUTIONAL OWNERSHIP ON EARNINGS MANAGEMENT, WITH CORPORATE SOCIAL RESPONSIBILITY (CSR) DISCLOSURE AS A MEDIATING VARIABLE
DOI:
https://doi.org/10.5281/zenodo.23100679Keywords:
Earnings Management, Institutional Ownership, Corporate Social Responsibility (CSR) DisclosureAbstract
This study examines the effect of institutional ownership on earnings management with Corporate Social Responsibility (CSR) disclosure as a mediating variable in basic material sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 period. The study employed an associative quantitative approach using path analysis and the Sobel test. The research sample consisted of 32 companies with a total of 128 observational data. The results indicate that institutional ownership does not have a significant effect on earnings management, but has a positive and significant effect on CSR disclosure. CSR disclosure also has a negative and significant effect on earnings management and is proven to fully mediate the relationship between institutional ownership and earnings management. These findings indicate that institutional ownership has not been able to directly reduce earnings management practices, but can encourage greater corporate transparency through CSR disclosure.
Downloads
References
Akbar, A., & Humaedi, S. (2020). Corporate social responsibility: Concepts and implementation.
Christian, A., et al. (2022). Analisis arus kas shenanigans pada PT Timah Tbk. Jurnal Akuntansi.
Elvina, E., & Karnawati, N. (2024). Institutional ownership and corporate governance. Jurnal Akuntansi.
Febrina, F., & Lekok, W. (2021). Institutional ownership and earnings management: Evidence from Indonesian listed companies. Jurnal Akuntansi.
Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Boston, MA: Pitman Publishing.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
Khairiyah, K., & Sari, S. (2024). Earnings management practices in LQ45 companies during 2019–2022. Jurnal Akuntansi.
Khairunnissa, K., et al. (2020). Earnings management and financial reporting quality. Jurnal Akuntansi.
Munawar, M., et al. (2024). Agency Theory and Financial Reporting.
Nabila, N., & Saiful, S. (2023). Corporate social responsibility disclosure and earnings management. Jurnal Akuntansi.
Potharla, S., et al. (2021). Institutional ownership and earnings management: Empirical evidence from emerging markets.
Prasetyo, P. (2024). Institutional ownership and corporate social responsibility disclosure. Jurnal Akuntansi.
Putri, R., & Kodriyah, K. (2019). Earnings management and accounting flexibility. Jurnal Akuntansi.
Putri, R., & Wirakusuma, M. G. (2022). The importance of earnings information in investment decision making. Jurnal Akuntansi.
Rohman, R. (2024). Institutional ownership and CSR disclosure. Jurnal Akuntansi.
Valensia, V., & Trisnawati, R. (2022). Institutional ownership and earnings management: Evidence from Indonesian manufacturing companies. Jurnal Akuntansi.
Wahyuningsih, W. (2023). Institutional ownership and earnings management in Indonesian listed companies. Jurnal Akuntansi.
Wati, W., & Malik, M. (2021). Corporate social responsibility disclosure and earnings management: Empirical evidence from Indonesia. Jurnal Akuntansi.
