PENGARUH FAKTOR GOOD CORPORATE GOVERNANCE, FREE CASH FLOW, DAN LEVERAGE TERHADAP MANAJEMEN LABA (STUDI KASUS PADA PERUSAHAAN YANG TERDAFTAR DI JII 2012-2014)

This study aims to provide empirical evidence of the influence of good corporate governance, free cash flow, and leverage ratio to earnings management. Good corporate governance is measured by Board of Commissioners, Independent Commissioners, and Audit Committee. Discretionary accruals are used as profit management proxies. The sample of the study were 16 companies listed on the Indonesia Stock Exchange, selected using purposive sampling during the study period, 2012-2014. Data were analyzed using Data Panel analysis. Based on the test results, it is concluded that all components of good corporate governance have significant influence to earnings management, while leverage also has a positive and significant impact on earnings management. This means companies with high free cash flow will affect earnings management. Keywords: profit management, good corporate governance, free cash flow, leverage {Inggris} Penelitian ini bertujuan untuk memberikan bukti empiris pengaruh good corporate governance, free cash flow, dan rasio leverage terhadap manajemen laba. Good corporate governance diukur dengan Dewan Komisaris, Komisaris Independen, dan Komite Audit. Discretionary accrual digunakan sebagai proksi manajemen laba. Sampel penelitian adalah 16 perusahaan yang terdaftar di Bursa Efek Indonesia, yang dipilih menggunakan purposive sampling selama periode penelitian, tahun 2012-2014. Data dianalisis menggunakan analisi Data Panel. Berdasarkan hasil pengujian disimpulkan bahwa semua komponen good corporate governance (Dewan Komisaris, Komisaris Independen, danKomite Audit) berpengaruh signifikan terhadap manajemen laba, sedangkan leverage berpengaruh juga, free cash flow berpengaruh positif dan signifikan terhadap manajemen laba. Hal ini berarti perusahaan dengan free cash flow yang tinggi akan mempengaruhi manajemen laba. Kata kunci: manajemen laba, good corporate governance, free cash flow,leverag