Muhammad Arafah Primary Author mixed material bibliography Banda Aceh Fakultas Ekonomi dan Bisnis 2025

Theses

THE ROLE OF INSTITUTIONAL OWNERSHIP AND AUDIT QUALITY IN MODERATING THE EFFECT OF FREE CASH FLOW ON EARNINGS MANAGEMENT (Study on Non-Financial Companies in Indonesia) By : Muhammad Arafah NPM : 2201203010012 Supervisor : 1. Dr. Muhammad Arfan, S.E., M.Si., Ak., C.A. 2. Zuraida, S.E., M.B.A., Ak., CA., Ph.D. ABSTRACT This study aims to examine the role of institutional ownership and audit quality in moderating the effect of free cash flow on earnings management in Non-Financial Companies in Indonesia for the period 2019 to 2023. Using a quantitative approach, this study uses non-financial companies that have been listed on the IDX for at least one year before the observation period (2019) and have never been delisted until the end of 2023. The sampling technique used is proportionate stratified random sampling with a total of 179 observations. The analysis techniques used are multiple linear regression analysis and Moderated Regression Analysis (MRA). The research findings indicate that free cash flow has a significant positive effect on earnings management practices. Although institutional ownership cannot moderate the effect of free cash flow on earnings management, audit quality has been shown to reduce the negative impact of the practice, because high-quality auditors increase the transparency of financial statements and reduce the room for earnings manipulation. Keywords: Earnings Management, Free Cash Flow, Institutional Ownership, Audit Quality. 0 ELECTRONIC THESES AND DISSERTATION Universitas Syiah Kuala 1703477 2025-10-16 12:52:01 2025-10-16 14:29:54 machine generated