Pengaruh Risiko Litigasi Terhadap Hubungan Kesulitan Keuangan Dan Konflik Kepentingan Dengan Konservatisme Akuntansi (Studi Empiris Pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia)

Rahma Fitri - Program Studi Akuntansi Fakultas Ekonomi Universitas Negeri Padang

Abstract


This study aims to determine the effect of: (1) financial distress of the accounting conservatism; (2) conflicts of interest to accounting conservatism; (3) the litigation risk to relation financial distress with accounting conservatism; (4) the litigation risk to relation  conflict of interest with accounting conservatism.

This research is the causative research, sample research is manufacturing companies listed in Indonesia Stock Exchange 2011-2013 period were selected with purposive sampling method, so that the samples obtained are 40 companies. Hypothesis testing moderated regressions analysis. Conservatism measured with Non Operating Accruals, financial distress as measured by Zmijesky bankruptcy models, Conflicts of interest are measured using DIVASS ratio, and the litigation risk is measured using the ratio DER.

The results showed that financial distress is not significant negative effect on accounting conservatism, conflict of interest negatively affect to accounting conservatism, litigation risk weakening the relationship of financial distress with accounting conservatism, and the risk of litigation strengthen the relationship conflicts of interest to accounting conservatism.
Keywords: accounting conservatism, financial difficulties, conflicts of interest between investors and creditors, and the risk of litigation.


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