JRAA Vol.3 No.3, November 2016 ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KONSERVATISME AKUNTANSI:

Erika Vivi Andriyani Fakultas Ekonomi dan Bisnis, Universitas Telkom; Farida Titik Kristanti Fakultas Ekonomi dan Bisnis, Universitas Telkom; Vaya Juliana Dillak Fakultas Ekonomi dan Bisnis, Universitas Telkom

Erika Vivi Andriyani Fakultas Ekonomi dan Bisnis, Universitas Telkom
Farida Titik Kristanti Fakultas Ekonomi dan Bisnis, Universitas Telkom
Vaya Juliana Dillak Fakultas Ekonomi dan Bisnis, Universitas Telkom

Keywords: Accounting conservatism, Information Asymmetry, Managerial Ownership, leverage

Abstract

Accounting conservatism is one of accounting principles to secure from being overstated financial statement. Company will apply this principle because increase of litigation cost in the future. Implementation of conservatism will make assets and income as lower, inversely with debt and expenses that grow higher. Chemical and pharmaceutical industry sectors have investment value that constantly increase by the time, so this sector indicates has apply the principles of accounting conservatism. This study aimed to analyze variables that affect to accounting conservatism such as information asymmetry, managerial ownership, and leverage. This study uses the chemical and pharmaceutical industry sector listed in the Indonesian Stock Exchange as a population. The sample selection technique using purposive sampling thus acquired nine companies in the years 2011-2015 with 45 samples were observed. The analytical method used is the panel data regression. This research result shows that information asymmetry, managerial ownership, and leverage are simultaneously significant affect on accounting conservatism. While partially shows that information asymmetry and
managerial ownership has significant influence with positive direction towards conservatism accounting. Leverage has significant influence with negative towards accounting conservatism. Based on the result here the following recomendation that can be given such as, a) investor; investor need to be smart and selective with regard level of information asymmetry, managerial ownership, and leverage. b) regulator ; to create standards related to accounting conservatism and monitoring information asymmetry, managerial ownership, and leverage.