Pengaruh Struktur Kepemilikan, Debt Covenant Dan Growth Opportunities Terhadap Konservatisme Akuntansi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

Abstract

This study aimed to obtain empirical evidence of 1) The effect of managerial ownership on the accounting conservatism, 2) the effect of debt covenant on the accounting conservatism, 3) The effect of growth opportunities on the accounting conservatism.

This study considered as causative research. The population in this study is a manufacturing company listed in the Indonesia Stock Exchange in the year 2007-2010. Sampling method used is purposive sampling.  The method of analysis used is multiple regression analysis.

The results showed that 1) Managerial ownership has significant negative effect on the accounting conservatism. 2) Debt covenant does not significant negative effect on the accounting conservatism. 3) Growth opportunitieshas significant positive effect on the accounting conservatism.

In this study suggested: 1) For the next researchers who are interested in researching the same title should add another variable, because of the model used in this research, it is known that the variables used in this research can explain 18,1%. 2) The period of resource must be lengthen, so that the trend every year can cacth in resource and with the number of a bigger company sample.

Key words: Managerial ownership, Debt covenant, Growth opportunities, Accounting conservatism