Meylan Adisti Ridwan Tika, Destia Pentiana, Rusmianto Rusmianto

Pengaruh Book Tax Differences, Kepemilikan Manajerial, Dan Leverage Terhadap Persistensi Laba

Introduction

Pengaruh book tax differences, kepemilikan manajerial, dan leverage terhadap persistensi laba. Penelitian mengkaji pengaruh book tax differences, kepemilikan manajerial, & leverage pada persistensi laba. Temukan BTD & kepemilikan manajerial berdampak negatif terhadap sustainabilitas laba perusahaan.

Abstract

This study aims to examine the influence of Book tax differences, managerial ownership, and leverage on earnings persistence in companies. Using a quantitative approach with multiple linear regression analysis, this research processes financial statement data to test the relationships between these variables. The findings reveal that Book tax differences and managerial ownership have a negative impact on earnings persistence. This indicates that the greater the disparity between financial accounting and taxation, as well as the higher the proportion of shares owned by managers, the lower the company's earnings sustainability. Meanwhile, leverage does not have a significant effect on earnings persistence, suggesting that a company's debt level does not determine long-term earnings stability. These findings align with agency theory, which highlights conflicts of interest between managers and shareholders, as well as signaling theory, which emphasizes the importance of financial information in assessing a company's performance. 

Review

This study, titled "Pengaruh Book Tax Differences, Kepemilikan Manajerial, Dan Leverage Terhadap Persistensi Laba," addresses a pertinent topic in financial accounting: the factors influencing the sustainability of company earnings. Using a quantitative approach and multiple linear regression, the authors investigate the relationships between book-tax differences, managerial ownership, leverage, and earnings persistence. The core findings suggest that both book-tax differences and managerial ownership negatively impact earnings persistence, implying that greater discrepancies between financial and tax accounting, as well as higher managerial shareholdings, reduce the long-term predictability of earnings. Leverage, however, was found to have no significant effect. These results are presented as consistent with agency theory and signaling theory, providing a theoretical framework for the observed relationships. While the research delves into an important area, the abstract leaves several critical methodological and interpretive details unaddressed, which would be essential for a thorough evaluation. The description of the methodology, while stating "multiple linear regression," lacks specifics regarding the sample characteristics (e.g., industry, country, time period, sample size) and, critically, the precise operationalization of "earnings persistence." This omission makes it difficult to assess the robustness and validity of the dependent variable. Furthermore, the negative effect of managerial ownership on earnings persistence, while intriguing, warrants a more nuanced theoretical discussion. While agency theory highlights potential conflicts, high managerial ownership is often theorized to *align* interests, potentially leading to more stable, higher-quality earnings. A negative association could suggest opportunistic behavior or a focus on short-term gains, which requires explicit discussion and perhaps consideration of different types or thresholds of managerial ownership. Despite these areas needing further elaboration, the study offers interesting empirical insights, particularly the finding regarding managerial ownership, which could challenge conventional wisdom and stimulate further research. To strengthen the manuscript, the authors should provide a more explicit and detailed description of their methodology, including the precise measurement of earnings persistence and the specific characteristics of their sample. A more in-depth and nuanced discussion of the theoretical implications, especially concerning the negative impact of managerial ownership on earnings persistence, would also enhance the paper's overall contribution. With greater methodological transparency and theoretical refinement, this research has the potential to significantly advance the understanding of earnings quality and its determinants within the existing literature.

Full Text

Comments

You need to be logged in to post a comment.