Internal Control, Debt Risk, CEO Education and Real Earnings Management in Consumer Non-Cyclicals Companies in Indonesia
Keywords:
Real Profit Management, Internal Control, Debt Risk, CEO EducationAbstract
This study aims to prove the effect of internal control, debt risk and CEO education on real earnings management with Big4, ROA, Firm Size, and OCF as control variables. The population in this study are non-cyclical consumer sector companies in Indonesia listed on the IDX for the period 2021 to 2023 The data used is secondary data in the form of company annual reports. The sampling technique used purposive sampling and obtained 58 companies with a total of 173 data. The data analysis technique used is panel data regression analysis with the help of the EViews 12 program. The results concluded that real earnings management is not influenced by internal control and CEO education level, but is influenced by debt risk and control variables, namely ROA and OCF. This implies that real earnings management practices in non-cyclical consumer sector companies are more influenced by company financial variables than non-financial variables, namely the quality of internal control and CEO education.
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