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DOI:
https://doi.org/10.24914/jeb.v23i1.2531Kata Kunci:
struktur modal, nilai perusahaan, manajemen laba riilAbstrak
Penelitian ini bertujuan untuk menguji pengaruh struktur modal terhadap nilai perusahaan dengan manajemen laba sebagai variabel mediasi. Struktur modal diproksikan dengan menggunakan rasio utang terhadap modal, nilai perusahaan diproksikan dengan menggunakan Tobin's Q dan manajemen laba riil diproksikan dengan menggunakan biaya kegiatan produksi. Populasi penelitian adalah 144 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI). Jumlah sampel dalam penelitian ini adalah sebanyak 204. Data yang digunakan dalam penelitian ini adalah data sekunder yang diperoleh dari Bursa Efek Indonesia melalui situs web www.idx.co.id. Metode analisis data yang digunakan dalam penelitian ini adalah metode partial least square (PLS) dengan menggunakan aplikasi WarpPLS 4.0. Hasil analisis menunjukkan bahwa struktur modal berpengaruh positif terhadap nilai perusahaan dan variabel manajemen laba riil terbukti memediasi sebagian pengaruh struktur modal terhadap nilai perusahaan. Implikasi riset ini adalah mendorong badan penyusun standar untuk membuat peraturan yang lebih ketat terhadap praktik manajemen laba riil yang cenderung menyebabkan manajemen melakukan tindakan kecurangan.
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www.idx.co.id retrieved from http://idx.ticmi.co.id/?ReportType=rdf&Exchange Type=s&year=2017&kodeemiten=AALI;ABBA;ABDA;ABMM;ACES;ACST;ADES;ADHI;ADMF;ADMG;ADRO;AGAR;AGII & periode=audit on September 3, 2018.
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