FAKTOR-FAKTOR YANG MEMPENGARUHI PELUANG TERJADINYA INCOME SMOOTHING

Income smoothing is defined as a practice by management to stabilize reported income. This research was conducted with the aim of obtaining empirical evidence of the influence of institutional ownership, managerial ownership, public ownership, cash holding, income tax, and firm value on the probability for income smoothing. The data in this study used a purposive sampling method. The amount of samples used are 61 companies with a total of 183 data. The object used is a manufacturing company listed consistently on the Indonesia Stock Exchange (IDX) for 6 years from 2014 to 2019. The sample is classified as income smoothing and non-income smoothing using the Eckel Index. Data in the analysis using binary logistic regression. The results of this study indicate that income tax has an effect on the chances of income smoothing. Meanwhile, institutional ownership, managerial ownership, public ownership, cash holding, and firm value have no effect on the probability for income smoothing