Article Sidebar

Submitted
April 28, 2025
Accepted
July 9, 2025
Published
July 16, 2025
Download
PDF
Statistic
Read Counter : 14 Download : 9

Downloads

Download data is not yet available.

Main Article Content

Abstract

Creative accounting often used by managers to deceive financial statement users for personal gain, poses a threat to transparency and accountability. This study investigates the role of corporate governance in mitigating such practices, focusing on the influence of female board members, directors' nationality, and directors' capabilities, with the audit committee as a moderating variable. Using data from Indonesian manufacturing companies during 2019–2022, multiple linear regression and Moderated Regression Analysis (MRA) were employed. The findings reveal that the presence of female directors and the capabilities of board members significantly affect the level of creative accounting, while nationality does not. Furthermore, the audit committee does not moderate the relationship between female directors and creative accounting. Practically, these findings underscore the importance of enhancing gender diversity and leadership competence to reduce manipulative accounting behavior. Theoretically, this study contributes to the body of knowledge on corporate governance and financial reporting integrity. From a policy perspective, the results offer valuable insights for regulators and investors in promoting more transparent and accountable corporate financial disclosures.

Article Details

License

Copyright (c) 2025 Riyan Hidayat, Poppy Nurmayanti, Azwir Nasir

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Hak Cipta (Copyright)

Penulis yang mempublikasikan naskahnya pada Jurnal ini menyetujui ketentuan berikut:

Hak cipta pada setiap artikel adalah milik penulis.

  1. Penulis mengakui bahwa Jurnal  Current : Jurnal Kajian Akuntansi dan Bisnis Terkini berhak sebagai yang mempublikasikan pertama kali dengan lisensi Creative Commons Attribution 4.0 International License.
  2. Penulis dapat memasukan tulisan secara terpisah, mengatur distribusi non-ekskulif  dari naskah yang telah terbit di jurnal ini kedalam versi yang lain (misal: dikirim ke respository institusi penulis, publikasi kedalam buku, dll), dengan mengakui bahwa naskah telah terbit pertama kali pada Jurnal  Current :Jurnal Kajian Akuntansi dan Bisnis Terkini.
How to Cite
Riyan Hidayat, Nurmayanti, P., & Nasir, A. (2025). PEREMPUAN DI DIREKSI, KEBANGSAAN, DAN KAPABILITAS: MAMPUKAH KOMITE AUDIT MEMBATASI AKUNTANSI KREATIF? FEMALE DIRECTORS, NATIONALITY, AND CAPABILITY: CAN AUDIT COMMITTEES CURB CREATIVE ACCOUNTING?. CURRENT: Jurnal Kajian Akuntansi Dan Bisnis Terkini, 6(2), 853–870. https://doi.org/10.31258/current.6.2.853-870
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Abbas, U. (2020). The moderating effect of gender on audit committee attributes and earnings management. Scholedge International Journal of Business Policy and Governance, 7(3), 48–62.
  2. Abed, I. A., Hussin, N., Alis, M. A., Haddad, H., Shehadesh, M., & Hasan, E. F. (2022). Creative accounting determinants and financial reporting quality: Systematic literature review. Risks, 10(4), 1–25.
  3. Adhikara, M. F., & Arrozzi. (2011). Creative accounting: Apakah suatu tindakan ilegal? Akrual: Jurnal Akuntansi, 2(2), 109–135. https://doi.org/10.2502-6380
  4. Ahmad, N. H., Zulkafli, A. H., & Puat Nelson, S. (2023). Foreign directors and financial reporting quality: Evidence from ASEAN. Asian Review of Accounting, 31(1), 84–101. https://doi.org/10.1108/ARA-07-2022-0203
  5. Alfraih, M. M. (2020). Board of directors’ characteristics and firm performance: Evidence from Kuwait. International Journal of Business and Management, 15(3), 45–55.
  6. Aifuwa, H. O., & Embele, K. (2019). Board characteristics and financial reporting quality: Evidence from Jordan. Journal of Accounting and Financial Management, 5(1), 30–49.
  7. Alshirah, M., Al Shbail, M., Al Shbail, M. O., & Alshirah, A. F. (2023). Board diversity and earnings management: Evidence from emerging markets. Journal of Accounting in Emerging Economies, 13(1), 125–146. https://doi.org/10.1108/JAEE-02-2022-0045
  8. Alqatan, A. (2019). The association between board diversity, earnings management and firm performance in Kuwait: A research agenda. 254–274. https://doi.org/10.22495/cpr19p14
  9. Annisa, M. R., Nurazizah, R. A., & Ardiansyah, M. (2023). Pengaruh karakteristik dewan direksi terhadap manajemen laba. Jurnal Akuntansi Multiparadigma, 14(1), 123–138. https://doi.org/10.18202/jamp.v14i1.5678
  10. Agustia, D., & Palupi, D. A. (2016). Pengaruh struktur corporate governance terhadap manajemen laba dengan kualitas audit sebagai variabel moderasi. Jurnal Akuntansi dan Keuangan, 18(1), 39–50. https://doi.org/10.9744/jak.18.1.39–50
  11. Budhyarto, D. S. (2023). Pengaruh gender diversity, board ethnicity, board education, dan tenure terhadap manajemen laba. Jurnal Ekonomi Trisakti, 3(1), 341–354.
  12. Carter, D. A., Simkins, B. J., Souza, F. D., & Simpson, W. G. (2007). The diversity of corporate board committees and firm financial performance. https://doi.org/10.2139/ssrn.9727633
  13. Estelyi, K. S., & Nisar, T. M. (2016). Diverse boards: Why do firms get foreign nationals on their boards? Journal of Corporate Finance, 39, 174–192. https://doi.org/10.1016/j.jcorpfin.2016.02.006
  14. Garcia Lara, J. M., García Osma, B., & Mora, A. (2020). Corporate governance and earnings quality: A meta‐analysis. Corporate Governance: An International Review, 28(6), 417–438. https://doi.org/10.1111/corg.12302
  15. Ghozali, I. (2018). Aplikasi Analisis Multivariat dengan Program IBM SPSS 25 (Ed. 9). Universitas Diponegoro Press.
  16. Githaiga, P. N., Muturi Kabete, P., & Caroline Bonareri, T. (2022). Board characteristics and earnings management: Does firm size matter? Cogent Business and Management, 9(1), 2088573.
  17. Isa, M. A., & Farouk, M. A. (2018). Board characteristics and earnings management of listed consumer goods firms in Nigeria. International Journal of Academic Research in Business and Social Sciences, 8(7), 47–60. https://doi.org/10.6007/IJARBSS/v8-i7/4333
  18. 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
  19. Kasmir. (2013). Analisis Laporan Keuangan (1st ed.). Jakarta: RajaGrafindo Persada.
  20. Kesuma, J. T. (2021). Kasus fraud PT. Tiga Pilar Sejahtera (Masalah Fraud). Binus University School of Accounting. https://accounting.binus.ac.id/2021/12/27/kasus-fraud-pt-tiga-pilar-sejahtera-masalah-fraud/
  21. Mesiryani, A., Susanto, A., & Wahyudi, S. (2022). The effect of good corporate governance and earnings management on firm value: Evidence from Indonesia. Accounting, 8(6), 1425–1432. https://doi.org/10.5267/j.ac.2022.3.012
  22. Musa, F., & Aminu, M. I. (2018). Moderating effect of audit committee on board diversity and earnings management in Nigerian banks. NDIC Quarterly, 33(3–4), 19–32.
  23. Mutuc, E. B., Lesse, J.-S., & Tsai, F.-S. (2019). Doing good with creative accounting? Linking corporate social responsibility to earnings management in market economy, country and business sector contexts. Sustainability, 11(17), 1–20.
  24. Nadeem, M., Zaman, R., & Saleem, I. (2022). Female directors and earnings management: Evidence from emerging markets. Pacific-Basin Finance Journal, 74, 101765. https://doi.org/10.1016/j.pacfin.2022.101765
  25. Nugroho, B. Y., & Umanto, E. P. (2012). Board characteristics and earnings management. Bisnis & Birokrasi: Jurnal Ilmu Administrasi dan Organisasi, 18(1).
  26. Ploskonka, M. (2024). Report on occupational fraud. Selden Fox, May 22.
  27. Setyaningrum, A., & Arifin, R. (2019). Analisis upaya perlindungan dan pemulihan terhadap korban kekerasan dalam rumah tangga (KDRT) khususnya anak-anak dan perempuan. Jurnal Ilmiah Muqoddimah: Jurnal Ilmu Sosial, Politik, Dan Humaniora, 3(1), 9–19.
  28. Suwarna, A. A. A., & Suhardjanto, D. (2021). Kompetensi dewan direksi dan implikasinya terhadap transparansi laporan keuangan. Jurnal Akuntansi dan Auditing Indonesia, 25(2), 127–138. https://doi.org/10.20885/jaai.vol25.iss2.art4
  29. Suryandari, D., Retnoningrum Hidayah, D. R., Ivan Aulia, S. R. Bashar, I. N. Kayati, S. I. Hasna, S. A. A. Nugraha, & F. T. Rohmah. (2024). Is the board of directors associated with earnings management strategy? The role of the audit committee. Corporate Board: Roles, Duties and Composition, 20(2). https://doi.org/10.22495/cbv20i2art1
  30. Tang, S., & Suwarsini, L. (2021). The effect of the boards directors and women audit committee on earnings management. JMBI UNSRAT (Jurnal Ilmiah Manajemen Bisnis dan Inovasi Universitas Sam Ratulangi), 8(2).
  31. Triki Damak, S. (2018). Gender diverse board and earnings management: Evidence from French listed companies. Sustainability Accounting, Management and Policy Journal, 9(3), 289–312.
  32. Tjager, N. (2013). Corporate Governance: Tantangan dan Kesempatan bagi Komunitas Bisnis Indonesia. PT Prenhallindo.
  33. Ulfani, A., & Ernawati. (2024). Studi literatur: Pengaruh audit investigatif terhadap pengungkapan fraud pada perusahaan Waskita Karya Tbk dan Wijaya Karya Tbk. Multidisciplinary Journal Website. https://yasyahikamatzu.com/index.php/FSN
  34. Usman, A., & Hassan, S. U. (2022). Mediating effect of audit committee on board dynamic and creative accounting in Nigerian firms. Gusau Journal of Accounting and Finance, 3(1), 29.
  35. Wahyuningsih, D. (2020). Pengaruh struktur good corporate governance terhadap kinerja perusahaan dan manajemen laba. Jurnal Akuntansi Trisakti, 7(2), 265–287.
  36. Wanri, H. D., & Erinos, N. R. (2021). Pengaruh strategi bisnis dan financial leverage terhadap manajemen laba dengan corporate governance sebagai variabel moderasi. Jurnal Eksplorasi Akuntansi, 3(1), 203–217.
  37. Wardoyo, D. U., Sihombing, Y. G., & Anantawijaya, G. N. A. (2022). Pengaruh diversitas gender terhadap manajemen laba. Ulil Albab: Jurnal Ilmiah Multidisiplin, 1(4), 642–648.
  38. Yahaya, K. A. (2025). Corporate board characteristics and accrual-based earnings management: Evidence from emerging markets. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5099242
  39. Zalata, A. M., Ntim, C. G., & Choudhry, T. (2021). Female CEOs and core earnings quality: New evidence on the ethics versus risk-aversion puzzle. Journal of Business Ethics, 168(4), 763–784. https://doi.org/10.1007/s10551-019-04291-8

Most read articles by the same author(s)