Pengaruh Konservatisme Akuntansi dan Financial distress terhadap Manajemen Laba yang Dimediasi Oleh Good Corporate Governance pada Perusahaan Subsektor Batubara yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2021-2024

Abstract

This study aims to examine and analyze the influence of accounting conservatism and financial distress on earnings management, as well as to assess the role of Good Corporate Governance (GCG) as a mediating variable in coal subsector companies listed on the Indonesia Stock Exchange (IDX) for the 2021–2024 period. A quantitative approach was used in this study, using panel data regression and path analysis methods, as well as the Sobel test to test the mediation effect. Secondary data were obtained from annual reports of coal subsector companies over four years of observation, with a total of 28 companies or 112 observation units. The results indicate that accounting conservatism, financial distress, and Good Corporate Governance significantly influence earnings management. Furthermore, accounting conservatism and financial distress also significantly influence Good Corporate Governance. However, the Sobel test results indicate that Good Corporate Governance does not mediate the influence of accounting conservatism or financial distress on earnings management. These findings confirm that financial reporting practices and Good Corporate Governance remain important factors in maintaining the integrity and credibility of financial reports amidst the high-risk dynamics of the coal industry.