PENGARUH KINERJA KEUANGAN, KINERJA PASAR DAN UKURAN PERUSAHAAN TERHADAP PERATAAN LABA (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2013-2017)

Abstract

Income smoothing is one of the patterns of profit management which aims to reduce
fluctuation of profit presented on financial report as achievement of desired target profit. The
aim of this study is to test influential factors on equal distribution of profit. The sample used
in the study was manufacturing company listed on Indonesia stock exchange in the year
2013-2017. The sampling technique used in this study was purposive sampling. The selected
samples were 22 companies with specified criteria. The hypothesis testing was conducted by
using multiple linear regression analysis. The results showed that cash holding variable,
profitability, leverage and firm size had negative influence on income smoothing, while the
variable of firm value had positive influence on income smoothing.