Abstract
This study aims to examine the role of independent commissioners in moderating the relationship between earnings management with investment efficiency. This study uses quantitative data with secondary data sources that will be processed using SPSS 22 software. This study's population are manufacturing firms listed on the Indonesia Stock Exchange from 2016 through 2018 with 346 observations. This study found that earnings management had a negative relationship with investment efficiency. The higher the level of earnings management in a firm, the lower the investment efficiency. In addition, this study also found that independent commissioners could weaken the relationship between earnings management with investment efficiency.
| Original language | English |
|---|---|
| Pages (from-to) | 472-483 |
| Number of pages | 12 |
| Journal | Journal of Security and Sustainability Issues |
| Volume | 10 |
| Issue number | Oct |
| DOIs | |
| Publication status | Published - Oct 2020 |
Keywords
- agency theory
- corporate governance
- earnings management
- investment efficiency
