Pengaruh Debt Covenant, Political Cost, dan Risiko Litigasi terhadap Konservatisme Akuntansi

Abstract

Abstract. This study aims to determine the effect of debt covenant, political costs and the risk of litigation against accounting conservatism in transportation service companies listed on the IDX. In this study the method in selecting samples using purposive sampling and verification research with quantitative approaches. The samples used were 14 transportation service companies listed on the Indonesia Stock Exchange (IDX) with the observation period of 2013-2017, then obtained 70 observations (firm years). The type of data used in this study is secondary data derived from the financial statements of transportation service companies listed on the Indonesia Stock Exchange (IDX). The technique used in hypothesis testing is multiple regression and data processing using SPSS version 20. The results of this study indicate that debt covenants, and political costs have a negative and significant effect on accounting conservatism, while litigation risk does not affect accounting conservatism. For further research, it is recommended to replace independent variables such as financial distress, and use data from other companies other than transportation service companies such as manufacturing companies and replace the measurement of risk litigation with measurements other than LEVit.

Keywords : Debt Covenant, Political Cost, Litigation Risk and Conservatism Accounting.

Abstrak. Penelitian ini bertujuan untuk mengetahui pengaruhidebticovenant, politicalicostidan risiko litigasi terhadapikonservatismeiakuntansiipadai perusahaani jasa transportasi yangiterdaftaridi BEI. Pada penelitian ini metode dalam pemilihan sampel menggunakan purposive sampling dan penelitian verifikatif dengani pendekatan kuantitatif. Adapun sampel yang digunakan sebanyak 14 perusahaan jasa transportasi yangiterdaftaridiiBursaiEfekiIndonesia (BEI) dengan periodeipengamatanitahuni2013-2017, maka diperoleh 70 pengamatan (firm years). Jenisidataiyangidigunakan pada penelitian ini adalah data sekunder yangiberasalidariilaporanikeuanganiperusahaan jasa transportasi yang tercatati di Bursa Efek Indonesia (BEI). Teknik yang digunakan pada pengujian hipotesis adalahiregresiiberganda dan pengolahanidataimenggunakan SPSS versi 20. Hasil dari penelitianiiniimenunjukkanibahwa debt covenant, dan political costi berpengaruhinegatifidanisignifikaniterhadapikonservatismeiakuntansi,isedangkan risikoilitigasi tidak berpengaruhiterhadap konservatismeiakuntansi. Untuk penelitianiselanjutnya disarankan untuk mengganti variabel bebas seperti financial distress, dan menggunakan data dari perusahaan lainnya selain perusahaan jasa transportasi seperti perusahaan manufaktur dan mengganti pengukuran risiko litigasi dengan pengukuran yang lainnya selain LEVit

Kata kunci :Debt Covenant, Political Cost, Risiko Litigasi dan KonservatismeiAkuntansi