PENGARUH MEKANISME CORPORATE GOVERNANCE TERHADAP PRAKTEK MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Earnings management is management potential accruals for profit. Efforts company or certain parties to retouch, manipulate information, and even profit management actions that could cause the financial statements no longer reflect fundamental value, because of the financial statements should serve as a communications management with external parties or between the company and its stakeholders. The purpose of this study was to analyze the effect of corporate governance mechanisms on earnings management in manufacturing companies listed on the Indonesia Stock Exchange in 2009-2011. The factors studied were independent commissioner, audit committees, institutional ownership and managerial ownership. The research methodology used is descriptive analysis method and statistical analysis methods. The data used are secondary data is used by 29 issuers in the sample. Hypothesis testing is performed using the F test and t test, with a significance level (α) of 5%. Data analysis using SPSS statistical data processing software for windows 15.00. The results of the regression analysis for this study indicate that 1). Independent commissioner effect on earnings management manufacturing companies listed on the Indonesia Stock Exchange. 2). Audit committee affect earnings management manufacturing companies listed on the Indonesia Stock Exchange. 3). Institutional Ownership has no effect on earnings management manufacturing companies listed on the Indonesia Stock Exchange. 4). Managerial Ownership does not affect earnings management manufacturing companies listed on the Indonesia Stock Exchange. Keyword : Independent Commissioner, Audit Committee, Institutional Ownership, Managerial Ownership and Earning Managemen