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research results in research Rahmawati 2010 uses a manufacturing company as a sample and measurement using measurement accrual
accounting
2. The effect of Managerial Ownership to Accounting Conservatism
This study aimed to examine the effect of managerial ownership on accounting conservatism. Tcount of -1.114 with a significant value of
0.269
greater than α 0.05 so it can be stated that H2 Rejected Sufren
and Natanael, 2014. Because of managerial ownership variable showed a negative effect on accounting conservatism and different result with the
beginning hypotesis. Because the proportion of managerial ownership in companies LQ 45 listed in the Stock Exchange during the observation
period is low resulting in a company tend managerial above selfish interests and not based on the maximization of value in the companys
financial decision making, so often a conflict between managerial and shareholder. The absence of the effect of managerial ownership
conservatism due to an attempt to gain recognition from outsiders to provide reporting higher earnings in order to obtain a greater investment
by the manager. This research was supported research Padmawati and Fachrurrozie 2015 were not able to prove the effect of managerial
ownership on accounting conservatism. The results of this study different from the results of research Dewi
2013 where the research results show that the effect of managerial ownership structure significantly positive on accounting conservatism.
This difference is due in research Dewi 2013 performed at a manufacturing company in Indonesia Stock Exchange 2009-2011
.
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3. The effect of Growth Opportunities to Accounting Conservatism
This study aimed to examine the effect of Growth Opportunities to accounting conservatism. Tcount amounted to 5.064 with significant value
of 0.000
smaller than α 0.05 so it can be stated that H3 Accepted
Sufren and Natanael. It means that GO positive effect on accounting conservatism. Companies that use conservative principles contained
hidden reserves used for investments, so a conservative company tends to growing companies Barry and Wilopo, 2002. This growth will be
assessed responsive to investors because the companys market value is higher than the conservative book so that there will be goodwill. This
would make the market and investors assess positively to the company. This state can show that the company is always growing due to ever-
increasing assets. Growth opportunities will be reflected in higher earnings potential
of a company. This could increase the costs and political risks should be borne by the company. Therefore the company is growing its earnings tend
to report conservatively in order to reduce costs and political risks are high. It is also do to reduce excessive attention from regulators and
securities analysts. Saputro and Setiawati 2004 found that companies with a high growth rate also motivated to minimize profit.
A high level of profitability that can be read by regulators and other parties as profit levels that are too high and trigger higher demand for the
company or even suspicions of monopoly. The results of this study are consistent with the findings of research conducted by Widya 2005, where
Widya find that the growth effect on conservatism, ie the company that
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uses the principle of conservative accounting contained hidden reserves used for investments, so a conservative company synonymous with growth
companies. The results of this study different from the results of research
Astarini 2011 where the results showed no significant relationship between the variables growth opportunities to accounting conservatism.
The difference this study because the study used a sample of 14 manufacturing companies in the Indonesia Stock Exchange BEI in the
study period 2006 - 2009. Testing of this research is done by using logistic regression.
4. The effect of Sales Growth to Accounting Conservatism
