Pengaruh Asimetri Informasi Dan Leverage Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2017-2019)

This study aims to determine the effect of information asymmetry and leverage on earnings management in manufacturing companies. Information asymmetry is measured by bid ask spread, leverage is measured by debt to asset ratio and earnings management is measured by discretionary accruals calculated by the modified Jones model. This research was conducted on 131 selected manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2019 period. The sample was determined using purposive sampling method so that 343 samples were obtained to be used. The data analysis technique used is the bootstrap technique. The results of this study indicate that information asymmetry has no effect on earnings management and leverage has a negative effect on earnings management. Keywords: Information Asymmetry, Leverage, Earnings Managemen