Effect Type Strategy, Investment Opportunity Set In Relation Between Managerial Ownership And Accounting Conservatism

Abstract

The purpose of this study was to determine the effect type strategy, investment opportunity set in relation between managerial ownership and accounting conservatism. Selected populations in the study are all companies listed in Indonesia Stock Exchange (IDX) outside the financial services company and a real state. The sample selection is based on purposive sampling in order to obtain a representative sample in accordance with the objectives and criteria specified. This suggests that managerial ownership significantly influence accounting conservatism shown from the results of the significant value of 0,020 t and negative direction indicated by the results of the regression coefficient (??) -0334.

The results showed that variable types corporate strategy as moderating variables influence the relationship between managerial ownership and accounting conservatism. On the other hand significant F value of 0000, the managerial ownership and the type of strategy and corporate strategy type moderating variables simultaneously affect the accounting conservatism and Adj R Square value of 0165, which showed that 16.5% accounting conservatism variable influenced by managerial ownership and the type of strategy as well as moderating variable types of corporate strategy, the rest is influenced by other factors. Investment opportunity is not a moderating variable between managerial ownership relationships influence on accounting conservatism. On other hand determinansi coefficient results showed Adj R Square value of 0246 means that 24.6% accounting conservatism variable influenced by managerial ownership and the type of strategies and moderating variable types of corporate strategy.

Keywords : Type Strategy, Investment Opportunity, Managerial Ownership and Accounting Conservatism