THE MAVERICK ACCOUNTANT: HOW OWNERSHIP STRUCTURE AND AUDIT COM MITTEE SHAPE THE CREATIVE ACCOUNTING TYPE IN INDONESIA

Abstract

Empirically demonstrate the moderating influence of the audit committee and ownership structure on the type of creative account ing that non-financial companies in Indonesia engage in. A sample of non-financial companies listed on the IDX was subjected to a multiple regression analysis. Data from 2017 to 2020 was included in the analysis. The utmost year that can be analysed is 2020, as the measurement of future profitability necessitates data for future years. The nature of creative accounting in Indonesia is opportun istic. It is fortified by the information asymmetry between owners and managers, which is attributable to the moderate proportion of managerial and family ownership. The results of this study eluci date the mechanism by which agency theory explains creative ac counting from both a positive and negative perspective. This influ ences the shareholder's approach to regulating his relationship with the manager. The theme of the general form of creative accounting in Indonesia, which is moderated by ownership structure, has not yet been extensively explored