董事会薪酬、薪酬委员会与盈余管理:公司可持续发展的双层制度

IF 4.8 Q1 BUSINESS
Ferdy Putra, Doddy Setiawan, Sri Hartoko, Taufiq Arifin
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引用次数: 0

摘要

本研究旨在以薪酬委员会为调节变量,分析董事和监事薪酬对盈余管理的影响。以2014 - 2023年印尼非金融类公司为样本,运用多元回归分析和调节回归分析,我们发现董事薪酬对盈余管理有正向影响,而监事薪酬对盈余管理有负向影响。薪酬委员会负向调节董事薪酬对盈余管理的影响,正向调节董事会薪酬对盈余管理的影响。当使用替代测量和内生性测试时,这些结果也保持一致。我们发现很多公司还没有设立薪酬委员会,所以公司治理还有待改进。本研究对于增加对代理理论、盈余管理以及董事、监事会和股东利益协调因素的认识,从而持续提高公司的可持续发展水平,具有实践和理论贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Board Remuneration, Remuneration Committee, and Earnings Management in a Two-Tier System for Company Sustainable Development

This study aims to analyze the effect of directors' and board of commissioners' remuneration on earnings management using the remuneration committee as a moderating variable. Using a sample of Indonesian non-financial companies from 2014 to 2023 and using multiple regression analysis and moderated regression analysis, we found that directors' remuneration has a positive effect, while the board of commissioners' remuneration has a negative effect on earnings management. The remuneration committee negatively moderates the effect of directors' remuneration and positively moderates the effect of the board of commissioners' remuneration on earnings management. These results also remain consistent when using alternative measurements and the endogeneity test. We found many companies do not yet have a remuneration committee, so corporate governance can still be improved. This study has practical and theoretical contributions to increasing knowledge about agency theory, earnings management, and factors that can align the interests of directors, boards of commissioners, and shareholders so that the company's sustainable development can continue to be improved.

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来源期刊
Business Strategy and Development
Business Strategy and Development Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
5.80
自引率
6.70%
发文量
33
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