Earnings Quality: The Moderating Role of CEO's Demographic Backgrounds in Agency Relationships
Abstract
Chief executive officer (CEO) sebagai pemimpin perusahaan berperan penting dalam memengaruhi hubungan dengan pemangku kepentingan, terutama dalam perspektif hubungan keagenan. Penelitian ini bertujuan untuk menguji pengaruh bonus, kualitas audit, dan kesulitan keuangan pada kualitas laba untuk mewakili potensi konflik dalam hubungan keagenan serta peran moderasi latar belakang demografis CEO pada pengaruh tersebut. Dengan menggunakan sampel perusahaan properti dan real estat yang terdaftar di Bursa Efek Indonesia (BEI) dari 2014 hingga 2020, penelitian ini menemukan bahwa bonus dan latar belakang demografis CEO berpengaruh negatif terhadap kualitas laba, sedangkan kualitas audit dan kesulitan keuangan tidak berpengaruh signifikan terhadap kualitas laba. Kualitas audit berperan penting dalam menyelaraskan kepentingan principal dan agent di perusahaan yang dipimpin oleh CEO yang memiliki latar belakang demografis yang berisiko. Akan tetapi, latar belakang demografis CEO gagal memoderasi konflik keagenan yang terjadi antara manajer-pemegang saham (bonus) dan manajer-kreditur (kesulitan keuangan) terhadap kualitas laba. Penelitian selanjutnya diharapkan menyelidiki pengaruh latar belakang demografis tim manajemen puncak pada hubungan keagenan.
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