ANALISIS PENGARUH KUALITAS AUDIT TERHADAP MANAJEMEN LABA DAN COST OF EQUITY CAPITAL: STUDI PENDEKATAN COMPOSITE MEASURE
The purpose of this study is to observe the effect of audit quality on earnings management and cost of equity capital. Audit quality is measured by the composite measure (variable AQMS), earnings management is measured by the modified Jones model, the cost of equity capital is measured with a modifi...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB)
2017-05-01
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| Series: | Media Riset Akuntansi, Auditing & Informasi |
| Online Access: | http://www.trijurnal.lemlit.trisakti.ac.id/index.php/mraai/article/view/1744 |
| Summary: | The purpose of this study is to observe the effect of audit quality on earnings
management and cost of equity capital. Audit quality is measured by the
composite measure (variable AQMS), earnings management is measured by
the modified Jones model, the cost of equity capital is measured with a modified
Ohlson models with random walk. This study uses manufacturing firms for
samples during 2010-2012 by using purposive sampling and regression analysis
for analyst the data. The results showed that audit quality has a significant
effect on earnings management and cost of equity capital, while for the control
variables size and leverage, only leverage which has significant effect to cost of
equity capital, and the other has no significant effect on earnings management
and cost of equity capital.
Keywords: Audit Quality, earnings management, cost of equity capital,
composite measure |
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| ISSN: | 1411-8831 2442-9708 |