Pengaruh Accrual Earnings Management dan ESG disclosure terhadap Capital Structure: Studi pada Perusahaan Non-keuangan yang Terdaftar di Bursa Efek Indonesia
DOI:
https://doi.org/10.57093/metansi.v9i2.597Keywords:
Bursa Efek Indonesia, manajemen laba, pengungkapan ESG, struktur modal, tingkat utangAbstract
Studi ini bertujuan menganalisis pengaruh accrual earnings management dan ESG disclosure terhadap capital structure di perusahaan non-keuangan yang terdaftar di BEI periode 2020-2024. Studi ini mempergunakan pendekatan kuantitatif dengan data sekunder dan teknik purposive sampling. Analisis dilaksanakan mempergunakan regresi linear. Temuan studi ini memperlihatkan bahwasanya accrual earnings management dan ESG disclosure dapat memengaruhi signifikan negatif terhadap capital structure. Temuan tersebut memperlihatkan bahwasanya perusahaan yang menerapkan manajemen laba serta mempunyai tingkat pengungkapan ESG lebih tinggi cenderung mempunyai tingkat leverage lebih rendah. Studi ini memberikan bukti empiris yang dapat memperkaya literatur bidang akuntansi dan keuangan, sekaligus menjadi bahan pertimbangan bagi perusahaan menetapkan kebijakan pendanaan optimal. Implikasi penelitian menunjukkan pentingnya transparansi informasi dan kualitas pelaporan keuangan dalam mendukung Keputusan pendanaan. Hasil penelitian ini juga dapat menjadi referensi bagi investor, manajemen, dan pemangku kepentingan dalam mengevaluasi risiko keuangan, tata kelola, serta strategi perusahaan secara lebih komprehensif dan berkelanjutan untuk menghadapi perubahan lingkungan bisnis global.
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