SNA XII - AKPM 91

KONSERVATISME PERUSAHAAN DI INDONESIA

DAN FAKTOR-FAKTOR YANG MEMPENGARUHINYA

Fakultas Ekonomi Universitas Indonesia

ABSTRACT

This research discusses the finanical statement conservatism level and its determinants. Obervations are done for manufacturing companies listen in Jakarta Stock Exchange in 2005 and 2007. The factors identified are debt/equity hypothesis (proxied by leverage ratio) and size hypothesis (measured by firms size, firm risk, capital intensity and concentration ratio of manufacturing industry). Conservatism level is measured by Non-Operating Accruals and Discretionary Accruals. Using multiple regression, the results show that concentration ratio, capital intensity and firm size are the significant factors.

Keywords: Conservatism, debt/equity hypothesis, size hypothesis.