PENGARUH KEPEMILIKAN MANAJERIAL DAN GROWTH OPPORTUNITY TERHADAP PRUDENCE

Abstract

Abstract

This study aims to examine the effect of managerial ownership and growth opportunity on accounting prudence in basic materials sector companies listed on the Indonesia Stock Exchange during the period 2020–2024. Prudence reflects management’s caution in recognizing income and expenses to ensure the reliability and quality of financial reporting. This research employs a quantitative associative approach using panel data regression analysis. The sample is selected through purposive sampling based on companies that consistently publish financial statements and do not experience consecutive losses during the observation period. Managerial ownership is measured by the proportion of shares owned by management, growth opportunity is measured by asset growth, and prudence is measured using the Market to Book Ratio (MTB). The data analysis consists of descriptive statistics, model selection tests, including the Chow test, Hausman test, and Lagrange Multiplier test, as well as classical assumption tests. The results are expected to provide empirical evidence on how ownership structure and future growth prospects influence the application of prudence in financial reporting. This study contributes to accounting literature and provides insights for companies, investors, and other stakeholders in evaluating financial reporting quality.

Keywords : managerial ownership, growth opportunity, accounting prudence, Market to Book Ratio, panel data regression.

Abstrak

Penelitian ini bertujuan menganalisis pengaruh kepemilikan manajerial dan growth opportunity terhadap prudence pada perusahaan sektor basic materials yang terdaftar di Bursa Efek Indonesia periode 2020–2024. Prudence merupakan prinsip kehati-hatian dalam pelaporan keuangan untuk menjaga keandalan informasi yang disajikan. Penelitian ini menggunakan pendekatan kuantitatif asosiatif dengan metode regresi data panel. Sampel ditentukan dengan purposive sampling, yaitu perusahaan yang konsisten mempublikasikan laporan keuangan dan tidak mengalami kerugian berturut-turut selama periode penelitian. Kepemilikan manajerial diukur berdasarkan proporsi saham yang dimiliki manajemen, growth opportunity diukur dengan pertumbuhan aset, dan prudence diukur menggunakan Market to Book Ratio (MTB). Teknik analisis meliputi statistik deskriptif, pemilihan model melalui uji Chow, uji Hausman, dan uji Lagrange Multiplier, serta uji asumsi klasik. Hasil penelitian diharapkan memberikan bukti empiris mengenai peran struktur kepemilikan dan peluang pertumbuhan terhadap penerapan prudence serta menjadi referensi bagi perusahaan dan investor dalam menilai kualitas pelaporan keuangan.

Kata kunci: kepemilikan manajerial, growth opportunity, prudence akuntansi, Market to Book Ratio, regesi data panel.