Dampak Kinerja Keuangan, Struktur Pendanaan, dan Tata Kelola Perusahaan yang Baik terhadap Mutu Laporan Finansial Entitas
DOI:
https://doi.org/10.55606/cemerlang.v6i2.8906Keywords:
Capital Structure, Financial Performance, Financial Statement Quality, Good Corporate Governance, Multiple Linear RegressionAbstract
This study was conducted to evaluate the impact of financial performance, capital structure, and good corporate governance on entities. The approach used is quantitative with a causal associative method. The research observations utilize secondary data sourced from the financial statements of entities listed on the stock exchange during the 2020–2023 period. The research sample was determined using a purposive sampling technique based on predefined criteria, totaling 160 observations. The analytical method employed is multiple linear regression, preceded by classical assumption tests. The results reveal that financial performance and good corporate governance have a positive and significant effect on the quality of financial statements, while capital structure has a significant negative effect. Simultaneously, the three independent variables are proven to significantly affect the quality of financial statements, with a coefficient of determination of 68%. These findings support agency theory and signaling theory in explaining the financial reporting behavior of entities. The implications of this study indicate that improving financial performance and implementing good corporate governance can enhance the quality of financial statements. Furthermore, optimal management of capital structure is also necessary to reduce the risk of financial statement manipulation.
Downloads
References
Anderson, M. R., Johnson, E. C., & Smith, D. A. (2023). Corporate governance and financial reporting quality: Evidence from emerging markets. Journal of Accounting and Public Policy, 42(2), 106987. https://doi.org/10.1016/j.jaccpubpol.2023.106987
Brown, W. T., & Smith, J. M. (2023). Financial performance and earnings quality: Empirical evidence from global firms. International Journal of Accounting, 58(1), 2150003. https://doi.org/10.1142/S109440602150003X
Committee of Sponsoring Organizations of the Treadway Commission. (2023). Internal control—Integrated framework. COSO Publications.
Gujarati, D. N., & Porter, D. C. (2023). Basic econometrics (6th ed.). McGraw-Hill Education.
International Accounting Standards Board. (2023). Conceptual framework for financial reporting. IFRS Foundation.
Jensen, M. C. (2023). Agency costs of free cash flow, corporate finance, and takeovers revisited. Journal of Financial Economics, 148(1), 1–20. https://doi.org/10.1016/j.jfineco.2023.01.001
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2023). Intermediate accounting (18th ed.). Wiley.
Lee, C. D., Kim, S. P., & Chen, W. L. (2023). Financial performance and reporting quality: Evidence from Asian markets. Asian Review of Accounting, 31(3), 456–478. https://doi.org/10.1108/ARA-05-2023-0102
Miller, A. B. (2023). Revisiting agency theory in modern corporate governance. Corporate Governance: An International Review, 31(2), 189–205. https://doi.org/10.1111/corg.12456
Organisation for Economic Co-operation and Development. (2023). OECD principles of corporate governance. OECD Publishing. https://doi.org/10.1787/9789264236882-en
Ross, S. A. (2023). The signaling theory and financial decision making revisited. Journal of Finance, 78(2), 789–812. https://doi.org/10.1111/jofi.13123
Scott, W. R. (2023). Financial accounting theory (8th ed.). Pearson Education.
Sekaran, U., & Bougie, R. (2023). Research methods for business: A skill building approach (8th ed.). Wiley.
Spence, M. (1973). Job market signaling. Quarterly Journal of Economics, 87(3), 355–374. https://doi.org/10.2307/1882010
Wooldridge, J. M. (2023). Introductory econometrics: A modern approach (7th ed.). Cengage Learning.
World Bank Group. (2023). Global economic prospects. World Bank Publications.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 CEMERLANG : Jurnal Manajemen dan Ekonomi Bisnis
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
